Price drops in Garbutt
Listings for sale in Garbutt, 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
8
40% of 20 live listings
Median cut
2.9%
$20K off the asking price
Days listed before cut
53
median, first listed to latest cut
Cuts, last 30 / 90 days
6 / 8
no current price rises
Garbutt price-drop summary
8 listings in Garbutt (40% of the 20 on the market) are advertised below an earlier asking price. The typical reduction is 2.9%, about $20K. House listings account for 6 of them, with a median cut of 2.9%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 6 | 2.9% |
| Apartment | 2 | 3.3% |
Largest current cuts in Garbutt
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 67 Peel Street | $659,000 | $600,000 | -9.0% | 3 bed House | |
| 28 Halifax Street | $680,000 | $649,000 | -4.6% | 5 bed House | |
| 2/28 Ramsay Street | $459,000 | $439,000 | -4.4% | 2 bed Apartment | |
| 14 Castleview Lane | $720,000 | $699,000 | -2.9% | 3 bed House | |
| 11 Castleview Lane | $689,000 | $669,000 | -2.9% | 3 bed House | |
| 7/90-92 Hugh Street | $449,000 | $439,000 | -2.2% | 2 bed Apartment | |
| 55 Dearness Street | $499,000 | $490,000 | -1.8% | 2 bed House | |
| 67 Lockheed Street | $579,000 | $569,000 | -1.7% | 3 bed House |
Suburb profile
Garbutt market data
Median prices, rents, growth and vacancy for Garbutt.
Sold prices
Recent sales in Garbutt
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 Garbutt: common questions
How many properties in Garbutt have had a price drop?
8 listings for sale in Garbutt QLD 4814 are currently advertised below an earlier asking price, 40% of the 20 listings on the market. 6 of those cuts were recorded in the last 30 days and 8 in the last 90.
How much are Garbutt sellers cutting their prices by?
The median cut is 2.9%, or $20K, measured from the previous advertised asking price to the current one on each listing.
How long are Garbutt 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 8 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.