Price drops in Nerang
Listings for sale in Nerang, QLD 4211 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
18
26% of 70 live listings
Median cut
3.9%
$50K off the asking price
Days listed before cut
53
median, first listed to latest cut
Cuts, last 30 / 90 days
16 / 18
no current price rises
Nerang price-drop summary
18 listings in Nerang (26% of the 70 on the market) are advertised below an earlier asking price. The typical reduction is 3.9%, about $50K. House listings account for 10 of them, with a median cut of 3.9%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 10 | 3.9% |
| Apartment | 4 | 3.9% |
| Townhouse | 4 | 4.4% |
Largest current cuts in Nerang
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 17 Nerang-Broadbeach Road | $1,095,000 | $970,000 | -11.4% | 3 bed House | |
| 23/32 Riverview Road | $859,000 | $770,000 | -10.4% | 3 bed Apartment | |
| 51 Balyando Drive | $1,039,000 | $949,000 | -8.7% | 3 bed House | |
| 25 Yarrimbah Drive | $1,399,000 | $1,299,000 | -7.1% | 5 bed House | |
| 13/6 Tibbing Street | $799,000 | $749,000 | -6.3% | 3 bed Townhouse | |
| 2/3 West Street | $849,000 | $799,000 | -5.9% | 3 bed Townhouse | |
| 77/64 Gilston Road | $999,000 | $945,000 | -5.4% | 4 bed Apartment | |
| 6 Adalong Place | $940,000 | $899,000 | -4.4% | 3 bed House | |
| 14 Mandarin Court | $939,000 | $900,000 | -4.2% | 3 bed House | |
| 16 Dugandan Street | $1,375,000 | $1,325,000 | -3.6% | 5 bed House | |
| 73-75 Teasdale Drive | $2,300,000 | $2,225,000 | -3.3% | 6 bed House | |
| 164 Dugandan Street | $1,699,000 | $1,649,000 | -2.9% | 3 bed House | |
| 3/80 Nerang Connection Road | $720,000 | $699,000 | -2.9% | 3 bed Townhouse | |
| 24 Yarraowee Drive | $1,590,000 | $1,549,000 | -2.6% | 4 bed House | |
| 7/6 Tibbing Street | $819,000 | $799,000 | -2.4% | 3 bed Apartment | |
| 60/36 Weedons Road | $849,000 | $829,000 | -2.4% | 3 bed Apartment | |
| 5 Sandalwood Terrace | $1,159,000 | $1,135,000 | -2.1% | 4 bed House | |
| 30/125 Pappas Way | $700,000 | $699,000 | -0.1% | 2 bed Townhouse |
Suburb profile
Nerang market data
Median prices, rents, growth and vacancy for Nerang.
Sold prices
Recent sales in Nerang
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 Nerang: common questions
How many properties in Nerang have had a price drop?
18 listings for sale in Nerang QLD 4211 are currently advertised below an earlier asking price, 26% of the 70 listings on the market. 16 of those cuts were recorded in the last 30 days and 18 in the last 90.
How much are Nerang sellers cutting their prices by?
The median cut is 3.9%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are Nerang 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 18 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.