Price drops in Palm Cove
Listings for sale in Palm Cove, QLD 4879 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
12
14% of 83 live listings
Median cut
7.6%
$72K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
10 / 12
1 listing has raised instead
Palm Cove price-drop summary
12 listings in Palm Cove (14% of the 83 on the market) are advertised below an earlier asking price. The typical reduction is 7.6%, about $72K. House listings account for 6 of them, with a median cut of 8.4%. Going the other way, 1 listing has raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 6 | 8.4% |
| Apartment | 4 | 8.2% |
| Townhouse | 1 | 4.6% |
| Villa | 1 | 4.8% |
Largest current cuts in Palm Cove
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 204/6-8 Triton Street | $399,000 | $355,000 | -11.0% | 1 bed Apartment | |
| 15 Seclusion Drive | $899,000 | $800,000 | -11.0% | 3 bed House | |
| 3 Savannah Street | $1,190,000 | $1,070,000 | -10.1% | 4 bed House | |
| 84 Cedar Road | $1,875,000 | $1,695,000 | -9.6% | 4 bed House | |
| 623/49-63 Williams Esplanade | $1,200,000 | $1,100,000 | -8.3% | 2 bed Apartment | |
| 5/81-85 Cedar Road | $500,000 | $460,000 | -8.0% | 2 bed Apartment | |
| 15 Retreat Close | $1,400,000 | $1,300,000 | -7.1% | 6 bed House | |
| 8 Sago Close | $899,000 | $855,000 | -4.9% | 3 bed House | |
| 28/24 Warren Street | $625,000 | $595,000 | -4.8% | 2 bed Villa | |
| 104/2 Oliva Street | $629,000 | $600,000 | -4.6% | 2 bed Apartment | |
| 3/13 Amphora St | $629,000 | $600,000 | -4.6% | 2 bed Townhouse | |
| 22 Oliva St | $2,200,000 | $2,100,000 | -4.5% | 4 bed House |
Suburb profile
Palm Cove market data
Median prices, rents, growth and vacancy for Palm Cove.
Sold prices
Recent sales in Palm Cove
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 Cove: common questions
How many properties in Palm Cove have had a price drop?
12 listings for sale in Palm Cove QLD 4879 are currently advertised below an earlier asking price, 14% of the 83 listings on the market. 10 of those cuts were recorded in the last 30 days and 12 in the last 90.
How much are Palm Cove sellers cutting their prices by?
The median cut is 7.6%, or $72K, measured from the previous advertised asking price to the current one on each listing.
How long are Palm Cove 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 12 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.