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Price drops in Murrumba Downs

Listings for sale in Murrumba Downs, QLD 4503 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

15

22% of 69 live listings

Median cut

3.4%

$25K off the asking price

Days listed before cut

48

median, first listed to latest cut

Cuts, last 30 / 90 days

11 / 15

2 listings have raised instead

Murrumba Downs price-drop summary

15 listings in Murrumba Downs (22% of the 69 on the market) are advertised below an earlier asking price. The typical reduction is 3.4%, about $25K. House listings account for 8 of them, with a median cut of 4.6%. Going the other way, 2 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House84.6%
Townhouse43.6%
Apartment33.4%

Largest current cuts in Murrumba Downs

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

AddressPrevious askingNow askingCutCut onProperty
12 Braidwood Avenue$1,050,000$899,000-14.4%4 bed House
63 Warrego Crescent$994,000$890,000-10.5%4 bed House
19/38 Brays Road$749,000$699,000-6.7%3 bed Townhouse
4 Scenic Drive$1,495,000$1,399,000-6.4%5 bed House
23 Mckinlay Crescent$995,000$945,000-5.0%4 bed House
2 Stringybark Court$1,200,000$1,150,000-4.2%4 bed House
8/32 Blyth Road$749,000$719,000-4.0%3 bed Townhouse
20/38 Brays Road$699,000$675,000-3.4%3 bed Apartment
75/32 Blyth Road$735,000$710,000-3.4%3 bed Apartment
36/37 Wagner Road$769,000$745,000-3.1%3 bed Townhouse
58/10-22 Blyth Road$699,000$679,000-2.9%3 bed Townhouse
10 Albany Court$899,000$879,000-2.2%4 bed House
17 Wagner Road$919,000$899,000-2.2%4 bed House
53/113 Castle Hill Drive$730,000$720,000-1.4%3 bed Apartment
73 Castle Hill Drive$1,900,000$1,897,000-0.2%5 bed House

Suburb profile

Murrumba Downs market data

Median prices, rents, growth and vacancy for Murrumba Downs.

Sold prices

Recent sales in Murrumba Downs

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 Murrumba Downs: common questions

How many properties in Murrumba Downs have had a price drop?

15 listings for sale in Murrumba Downs QLD 4503 are currently advertised below an earlier asking price, 22% of the 69 listings on the market. 11 of those cuts were recorded in the last 30 days and 15 in the last 90.

How much are Murrumba Downs sellers cutting their prices by?

The median cut is 3.4%, or $25K, measured from the previous advertised asking price to the current one on each listing.

How long are Murrumba Downs listings on the market before the price drops?

A median of 48 days from when the listing first appeared to its latest price cut, across 15 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.