Price drops in Ormeau Hills
Listings for sale in Ormeau Hills, QLD 4208 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
13
35% of 37 live listings
Median cut
5.3%
$59K off the asking price
Days listed before cut
16
median, first listed to latest cut
Cuts, last 30 / 90 days
12 / 13
no current price rises
Ormeau Hills price-drop summary
13 listings in Ormeau Hills (35% of the 37 on the market) are advertised below an earlier asking price. The typical reduction is 5.3%, about $59K. House listings account for 12 of them, with a median cut of 5.2%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 12 | 5.2% |
| Apartment | 1 | 10.9% |
Largest current cuts in Ormeau Hills
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 5a Dalma Street | $1,179,000 | $1,050,000 | -10.9% | 4 bed Apartment | |
| 94 River Run Circuit | $1,049,000 | $949,000 | -9.5% | 4 bed House | |
| 7 Beaufort Crescent | $1,097,000 | $995,000 | -9.3% | 4 bed House | |
| 10 Summerhill Crescent | $979,000 | $900,000 | -8.1% | 3 bed House | |
| 1 Watego Crescent | $1,400,000 | $1,300,000 | -7.1% | 4 bed House | |
| 6 Fox Court | $1,250,000 | $1,175,000 | -6.0% | 4 bed House | |
| 31 Terania Avenue | $1,035,000 | $980,000 | -5.3% | 4 bed House | |
| 25 Ludlow Crescent | $949,000 | $900,000 | -5.2% | 4 bed House | |
| 9 Harlin Street | $1,175,000 | $1,125,000 | -4.3% | 5 bed House | |
| 90 Ormeau Ridge Road | $1,449,000 | $1,390,000 | -4.1% | 4 bed House | |
| 10 Langfield Crescent | $1,249,000 | $1,199,000 | -4.0% | 4 bed House | |
| 7 Dandalup Avenue | $1,000,000 | $969,000 | -3.1% | 4 bed House | |
| 5 Dandalup Avenue | $949,000 | $929,000 | -2.1% | 4 bed House |
Suburb profile
Ormeau Hills market data
Median prices, rents, growth and vacancy for Ormeau Hills.
Sold prices
Recent sales in Ormeau Hills
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 Ormeau Hills: common questions
How many properties in Ormeau Hills have had a price drop?
13 listings for sale in Ormeau Hills QLD 4208 are currently advertised below an earlier asking price, 35% of the 37 listings on the market. 12 of those cuts were recorded in the last 30 days and 13 in the last 90.
How much are Ormeau Hills sellers cutting their prices by?
The median cut is 5.3%, or $59K, measured from the previous advertised asking price to the current one on each listing.
How long are Ormeau Hills listings on the market before the price drops?
A median of 16 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.