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Price drops in Cranbrook

Listings for sale in Cranbrook, QLD 4814 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

13

42% of 31 live listings

Median cut

5.0%

$40K off the asking price

Days listed before cut

53

median, first listed to latest cut

Cuts, last 30 / 90 days

11 / 13

no current price rises

Cranbrook price-drop summary

13 listings in Cranbrook (42% of the 31 on the market) are advertised below an earlier asking price. The typical reduction is 5.0%, about $40K. House listings account for 12 of them, with a median cut of 4.6%.

Cuts by property type

TypeListings reducedMedian cut
House124.6%
Apartment110.7%

Largest current cuts in Cranbrook

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

AddressPrevious askingNow askingCutCut onProperty
270 Charles Street$649,000$560,000-13.7%2 bed House
7/13 Albert Street$420,000$375,000-10.7%1 bed Apartment
134 Bergin Road$1,699,000$1,549,000-8.8%5 bed House
7 Isabella Court$980,000$899,000-8.3%4 bed House
36 Mathiesen Street$650,000$600,000-7.7%4 bed House
7 Alleena Street$739,000$699,000-5.4%4 bed House
1 Nowland Avenue$995,000$945,000-5.0%6 bed House
16 Laburnum Street$689,000$660,000-4.2%5 bed House
15 Jandera Street$559,000$539,000-3.6%3 bed House
26 Lindeman Avenue$609,000$589,000-3.3%3 bed House
42 Ellimatta Avenue$670,000$650,000-3.0%4 bed House
4 Berontha Street$689,000$670,000-2.8%3 bed House
12 Wandella Crescent$649,000$635,000-2.2%3 bed House

Suburb profile

Cranbrook market data

Median prices, rents, growth and vacancy for Cranbrook.

Sold prices

Recent sales in Cranbrook

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 Cranbrook: common questions

How many properties in Cranbrook have had a price drop?

13 listings for sale in Cranbrook QLD 4814 are currently advertised below an earlier asking price, 42% of the 31 listings on the market. 11 of those cuts were recorded in the last 30 days and 13 in the last 90.

How much are Cranbrook sellers cutting their prices by?

The median cut is 5.0%, or $40K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 53 days from when the listing first appeared to its latest price cut, across 13 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.