Price drops in Hermit Park
Listings for sale in Hermit Park, QLD 4812 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
7
41% of 17 live listings
Median cut
5.0%
$46K off the asking price
Days listed before cut
46
median, first listed to latest cut
Cuts, last 30 / 90 days
4 / 7
no current price rises
Hermit Park price-drop summary
7 listings in Hermit Park (41% of the 17 on the market) are advertised below an earlier asking price. The typical reduction is 5.0%, about $46K. House listings account for 4 of them, with a median cut of 6.5%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 4 | 6.5% |
| Apartment | 2 | 8.7% |
| Townhouse | 1 | 4.6% |
Largest current cuts in Hermit Park
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 6/25-27 Roberts Street | $485,000 | $425,000 | -12.4% | 2 bed Apartment | |
| 39 Hughes Street | $630,000 | $570,000 | -9.5% | 3 bed House | |
| 6 Gleeson Street | $549,000 | $499,000 | -9.1% | 4 bed House | |
| 5/18-20 Roberts Street | $420,000 | $399,000 | -5.0% | 2 bed Apartment | |
| 1/144 Queens Road | $680,000 | $649,000 | -4.6% | 3 bed Townhouse | |
| 13 Sooning Street | $1,195,000 | $1,149,000 | -3.8% | 4 bed House | |
| 53 Roberts Street | $650,000 | $640,000 | -1.5% | 3 bed House |
Suburb profile
Hermit Park market data
Median prices, rents, growth and vacancy for Hermit Park.
Sold prices
Recent sales in Hermit Park
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 Hermit Park: common questions
How many properties in Hermit Park have had a price drop?
7 listings for sale in Hermit Park QLD 4812 are currently advertised below an earlier asking price, 41% of the 17 listings on the market. 4 of those cuts were recorded in the last 30 days and 7 in the last 90.
How much are Hermit Park sellers cutting their prices by?
The median cut is 5.0%, or $46K, measured from the previous advertised asking price to the current one on each listing.
How long are Hermit Park listings on the market before the price drops?
A median of 46 days from when the listing first appeared to its latest price cut, across 7 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.