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Price drops in Chermside

Listings for sale in Chermside, QLD 4032 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

20

22% of 89 live listings

Median cut

5.1%

$42K off the asking price

Days listed before cut

58

median, first listed to latest cut

Cuts, last 30 / 90 days

18 / 20

3 listings have raised instead

Chermside price-drop summary

20 listings in Chermside (22% of the 89 on the market) are advertised below an earlier asking price. The typical reduction is 5.1%, about $42K. Apartment listings account for 18 of them, with a median cut of 5.4%. Going the other way, 3 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment185.4%
House24.8%

Largest current cuts in Chermside

By percentage, biggest first. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
6/9 Zenith Avenue$845,000$749,000-11.4%2 bed Apartment
207/392 Hamilton Road$599,000$549,000-8.3%1 bed Apartment
206/20 Curwen Terrace$1,199,000$1,099,000-8.3%3 bed Apartment
402/392 Hamilton Road$649,000$599,000-7.7%1 bed Apartment
9 & 31/12-20 Ballantine Street$549,000$510,000-7.1%2 bed Apartment
203/440 Hamilton Road$750,000$699,000-6.8%2 bed Apartment
602/16 Curwen Terrace$929,000$869,000-6.5%2 bed Apartment
707/59 Latham Street$850,000$800,000-5.9%2 bed Apartment
2001/19 Playfield Street$699,000$660,000-5.6%1 bed Apartment
4/120 Miller Street$690,000$654,499-5.1%2 bed Apartment
9 Bundal Street$2,000,000$1,900,000-5.0%4 bed House
405/10 Curwen Terrace$995,000$949,000-4.6%3 bed Apartment
103 Corrie Street$995,000$950,000-4.5%2 bed House
39/107 KITTYHAWK DRIVE$675,000$649,000-3.9%2 bed Apartment
403/39 Thomas Street$700,000$675,000-3.6%1 bed Apartment
1107/91 Kittyhawk Drive$849,000$820,000-3.4%2 bed Apartment
401/10 Mermaid Street$800,000$775,000-3.1%2 bed Apartment
9/25 Sammells Drive$770,000$749,990-2.6%1 bed Apartment
204/18 Mermaid Street$810,000$795,000-1.9%2 bed Apartment
1410/25 Charlotte Street$730,000$720,000-1.4%2 bed Apartment

Suburb profile

Chermside market data

Median prices, rents, growth and vacancy for Chermside.

Sold prices

Recent sales in Chermside

What buyers actually paid, and how it compared with the asking price.

Australia-wide

All price rises and cuts

The national feed of asking-price changes, filterable by state, type and size of change.

Price drops in Chermside: common questions

How many properties in Chermside have had a price drop?

20 listings for sale in Chermside QLD 4032 are currently advertised below an earlier asking price, 22% of the 89 listings on the market. 18 of those cuts were recorded in the last 30 days and 20 in the last 90.

How much are Chermside sellers cutting their prices by?

The median cut is 5.1%, or $42K, measured from the previous advertised asking price to the current one on each listing.

How long are Chermside listings on the market before the price drops?

A median of 58 days from when the listing first appeared to its latest price cut, across 20 listings.

What counts as a price drop here?

A listing that is still for sale and whose current advertised asking price was set by a reduction from its previous asking price. Changes that cannot be confirmed as one advertisement repricing, such as several ads sharing one address, are left out.

Showing at most 30 listings. Asking prices are as advertised; a cut is not a sale price.