Price drops in Ormeau
Listings for sale in Ormeau, 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
27
27% of 100 live listings
Median cut
4.3%
$50K off the asking price
Days listed before cut
46
median, first listed to latest cut
Cuts, last 30 / 90 days
21 / 25
2 listings have raised instead
Ormeau price-drop summary
27 listings in Ormeau (27% of the 100 on the market) are advertised below an earlier asking price. The typical reduction is 4.3%, about $50K. House listings account for 24 of them, with a median cut of 4.3%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 24 | 4.3% |
| Apartment | 2 | 1.5% |
| Acreage | 1 | 5.1% |
Largest current cuts in Ormeau
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 40 Jacobs Ridge Road | $1,420,000 | $1,250,000 | -12.0% | 5 bed House | |
| 14 Duranta Street | $1,070,000 | $950,000 | -11.2% | 4 bed House | |
| 116 Brookside Circuit | $1,040,000 | $950,000 | -8.7% | 4 bed House | |
| 3 Merlin Place | $1,200,000 | $1,100,000 | -8.3% | 4 bed House | |
| 37 Kilkivan Drive | $1,330,000 | $1,230,000 | -7.5% | 4 bed House | |
| 26 Cedarton Crescent | $1,399,000 | $1,300,000 | -7.1% | 4 bed House | |
| 29 Benson Street | $1,500,000 | $1,400,000 | -6.7% | 4 bed House | |
| 2 Oscar Close | $1,050,000 | $990,000 | -5.7% | 4 bed House | |
| 27 Jondaryan Street | $1,295,000 | $1,225,000 | -5.4% | 4 bed House | |
| 2-4 Kirk Outlook | $1,950,000 | $1,850,000 | -5.1% | 4 bed Acreage | |
| 23 Hydrangea Street | $1,100,000 | $1,050,000 | -4.5% | 4 bed House | |
| 12 Success Crescent | $1,100,000 | $1,050,000 | -4.5% | 4 bed House | |
| 17 Lancelot Crescent | $1,150,000 | $1,100,000 | -4.3% | 4 bed House | |
| 21 Doolan Street | $1,175,000 | $1,125,000 | -4.3% | 4 bed House | |
| 4 Yelka Street | $1,250,000 | $1,199,000 | -4.1% | 5 bed House | |
| 3 Carallia Court | $1,349,000 | $1,299,000 | -3.7% | 6 bed House | |
| 12 Maidenwell Road | $1,350,000 | $1,300,000 | -3.7% | 5 bed House | |
| 3 Evodia Way | $1,080,000 | $1,050,000 | -2.8% | 4 bed House | |
| 2 Woodland Court | $1,080,000 | $1,050,000 | -2.8% | 4 bed House | |
| 9 Tarella Court | $1,799,000 | $1,750,000 | -2.7% | 5 bed House | |
| 20 Lilyvale Crescent | $1,250,000 | $1,220,000 | -2.4% | 4 bed House | |
| 48-50 Mcivor Court | $2,850,000 | $2,800,000 | -1.8% | 4 bed House | |
| 41/20 Halfway Drive | $799,000 | $785,000 | -1.8% | 3 bed Apartment | |
| 31/20 Halfway Drive | $830,000 | $819,000 | -1.3% | 3 bed Apartment | |
| 4 Gawain Drive | $1,170,000 | $1,159,000 | -0.9% | 4 bed House | |
| 6 Cassius Way | $950,000 | $945,000 | -0.5% | 4 bed House | |
| 54 Charlton Crescent | $1,100,000 | $1,099,000 | -0.1% | 4 bed House |
Suburb profile
Ormeau market data
Median prices, rents, growth and vacancy for Ormeau.
Sold prices
Recent sales in Ormeau
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: common questions
How many properties in Ormeau have had a price drop?
27 listings for sale in Ormeau QLD 4208 are currently advertised below an earlier asking price, 27% of the 100 listings on the market. 21 of those cuts were recorded in the last 30 days and 25 in the last 90.
How much are Ormeau sellers cutting their prices by?
The median cut is 4.3%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are Ormeau 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 27 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.