Price drops in Palmwoods
Listings for sale in Palmwoods, QLD 4555 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
11
26% of 42 live listings
Median cut
4.7%
$30K off the asking price
Days listed before cut
34
median, first listed to latest cut
Cuts, last 30 / 90 days
10 / 11
no current price rises
Palmwoods price-drop summary
11 listings in Palmwoods (26% of the 42 on the market) are advertised below an earlier asking price. The typical reduction is 4.7%, about $30K. House listings account for 5 of them, with a median cut of 6.4%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 5 | 6.4% |
| Apartment | 2 | 2.4% |
| Retirement | 2 | 5.5% |
| Duplex+Semi Detached | 1 | 2.4% |
| Villa | 1 | 6.0% |
Largest current cuts in Palmwoods
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 24 Yellow Cedar Place | $1,250,000 | $1,140,000 | -8.8% | 4 bed House | |
| 159/38 Landershute Road | $1,150,000 | $1,050,000 | -8.7% | 3 bed Retirement | |
| 35 Stanley Street | $1,190,000 | $1,100,000 | -7.6% | 3 bed House | |
| 1 Old Orchard Drive | $1,175,000 | $1,100,000 | -6.4% | 4 bed House | |
| 66/18 Landershute Road | $497,000 | $467,000 | -6.0% | 2 bed Villa | |
| 29 Starkey Street | $1,149,000 | $1,095,000 | -4.7% | 4 bed House | |
| 2/10 Dray Place | $930,000 | $900,000 | -3.2% | 3 bed Apartment | |
| 2/4 Wells Street | $850,000 | $830,000 | -2.4% | 3 bed Duplex+Semi Detached | |
| 2/38 Landershute Road | $1,100,000 | $1,075,000 | -2.3% | 3 bed Retirement | |
| 44 Citron Place | $1,100,000 | $1,075,000 | -2.3% | 3 bed House | |
| 4/18 Landershute Road | $429,000 | $422,500 | -1.5% | 1 bed Apartment |
Suburb profile
Palmwoods market data
Median prices, rents, growth and vacancy for Palmwoods.
Sold prices
Recent sales in Palmwoods
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 Palmwoods: common questions
How many properties in Palmwoods have had a price drop?
11 listings for sale in Palmwoods QLD 4555 are currently advertised below an earlier asking price, 26% of the 42 listings on the market. 10 of those cuts were recorded in the last 30 days and 11 in the last 90.
How much are Palmwoods sellers cutting their prices by?
The median cut is 4.7%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Palmwoods listings on the market before the price drops?
A median of 34 days from when the listing first appeared to its latest price cut, across 11 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.