Price drops in Palm Beach
Listings for sale in Palm Beach, QLD 4221 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
40
22% of 183 live listings
Median cut
4.7%
$55K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
32 / 38
7 listings have raised instead
Palm Beach price-drop summary
40 listings in Palm Beach (22% of the 183 on the market) are advertised below an earlier asking price. The typical reduction is 4.7%, about $55K. Apartment listings account for 26 of them, with a median cut of 4.2%. Going the other way, 7 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 26 | 4.2% |
| House | 10 | 5.6% |
| Villa | 2 | 4.4% |
| Other | 1 | 3.0% |
| Townhouse | 1 | 10.0% |
Largest current cuts in Palm Beach
The 30 biggest of 40, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1/1431 Gold Coast Highway | $2,000,000 | $1,799,999 | -10.0% | 3 bed Townhouse | |
| 801/3 Thirteenth Avenue | $6,100,000 | $5,500,000 | -9.8% | 3 bed Apartment | |
| 12 Ninth Avenue | $2,395,000 | $2,195,000 | -8.4% | 3 bed House | |
| 803/3 Twenty Third Avenue | $1,395,000 | $1,295,000 | -7.2% | 2 bed Apartment | |
| 1/4 Twenty Eighth Avenue | $2,250,000 | $2,100,000 | -6.7% | 3 bed Villa | |
| 22 Japonica Drive | $1,500,000 | $1,400,000 | -6.7% | 3 bed House | |
| 37/955 Gold Coast Highway | $1,550,000 | $1,450,000 | -6.5% | 2 bed Apartment | |
| 6/1 Culgoa Street | $900,000 | $845,000 | -6.1% | 2 bed Apartment | |
| 5/18 Mawarra Street | $849,000 | $799,000 | -5.9% | 2 bed Apartment | |
| 36 Twenty Sixth Avenue | $1,800,000 | $1,695,000 | -5.8% | 4 bed House | |
| 36A Dogwood Drive | $2,600,000 | $2,450,000 | -5.8% | 4 bed House | |
| 10 Celtis Court | $2,650,000 | $2,499,000 | -5.7% | 4 bed House | |
| 401/60 Jefferson Lane | $895,000 | $845,000 | -5.6% | 1 bed Apartment | |
| 405/4 Seventeenth Avenue | $1,795,000 | $1,695,000 | -5.6% | 3 bed Apartment | |
| 3 View Court | $1,800,000 | $1,700,000 | -5.6% | 4 bed House | |
| 7D/973 Gold Coast Highway | $1,800,000 | $1,700,000 | -5.6% | 2 bed Apartment | |
| 8/5 Rolan Court | $900,000 | $850,000 | -5.6% | 2 bed Apartment | |
| 45/955 Gold Coast Highway | $1,450,000 | $1,375,000 | -5.2% | 2 bed Apartment | |
| 24d/973 Gold Coast Highway | $1,845,000 | $1,750,000 | -5.1% | 2 bed Apartment | |
| 3/9 Nalla Court | $895,000 | $850,000 | -5.0% | 2 bed Apartment | |
| 29 Third Avenue | $2,295,000 | $2,195,000 | -4.4% | 3 bed House | |
| 302/10 Third Avenue | $1,775,000 | $1,699,000 | -4.3% | 3 bed Apartment | |
| 65/955 Gold Coast Highway | $1,095,000 | $1,050,000 | -4.1% | 2 bed Apartment | |
| 8/77 Jefferson Lane | $3,800,000 | $3,650,000 | -3.9% | 3 bed Apartment | |
| 205/88 Jefferson Lane | $1,300,000 | $1,250,000 | -3.8% | 2 bed Apartment | |
| 1/21 Boodera Road | $1,195,000 | $1,150,000 | -3.8% | 2 bed Apartment | |
| 508/6 Palm Beach Avenue | $1,450,000 | $1,399,000 | -3.5% | 2 bed Apartment | |
| 703/4 Twenty First Avenue | $1,750,000 | $1,695,000 | -3.1% | 2 bed Apartment | |
| 1/52 Tallebudgera Drive | $1,650,000 | $1,600,000 | -3.0% | 3 bed | |
| 1/28 Twenty Third Avenue | $1,850,000 | $1,795,000 | -3.0% | 3 bed Apartment |
Suburb profile
Palm Beach market data
Median prices, rents, growth and vacancy for Palm Beach.
Sold prices
Recent sales in Palm Beach
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 Palm Beach: common questions
How many properties in Palm Beach have had a price drop?
40 listings for sale in Palm Beach QLD 4221 are currently advertised below an earlier asking price, 22% of the 183 listings on the market. 32 of those cuts were recorded in the last 30 days and 38 in the last 90.
How much are Palm Beach sellers cutting their prices by?
The median cut is 4.7%, or $55K, measured from the previous advertised asking price to the current one on each listing.
How long are Palm Beach listings on the market before the price drops?
A median of 60 days from when the listing first appeared to its latest price cut, across 40 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.