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Price drops in Redlynch

Listings for sale in Redlynch, QLD 4870 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

7

15% of 47 live listings

Median cut

5.1%

$40K off the asking price

Days listed before cut

38

median, first listed to latest cut

Cuts, last 30 / 90 days

7 / 7

1 listing has raised instead

Redlynch price-drop summary

7 listings in Redlynch (15% of the 47 on the market) are advertised below an earlier asking price. The typical reduction is 5.1%, about $40K. House listings account for 5 of them, with a median cut of 5.1%. Going the other way, 1 listing has raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House55.1%
Apartment25.8%

Largest current cuts in Redlynch

By percentage, biggest first. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
79 Gamburra Drive$900,000$800,000-11.1%5 bed House
32 Perserverance St$995,000$900,000-9.5%4 bed House
18/2-16 Fairweather Road$639,000$585,000-8.5%3 bed Apartment
63 Michaelangelo Drive$789,000$749,000-5.1%3 bed House
69 Oxbow Loop$889,000$860,000-3.3%4 bed House
20 Colonial Close$825,000$799,000-3.2%5 bed House
8/40-46 Redlynch Intake Road$649,000$629,000-3.1%2 bed Apartment

Suburb profile

Redlynch market data

Median prices, rents, growth and vacancy for Redlynch.

Sold prices

Recent sales in Redlynch

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 Redlynch: common questions

How many properties in Redlynch have had a price drop?

7 listings for sale in Redlynch QLD 4870 are currently advertised below an earlier asking price, 15% of the 47 listings on the market. 7 of those cuts were recorded in the last 30 days and 7 in the last 90.

How much are Redlynch sellers cutting their prices by?

The median cut is 5.1%, or $40K, measured from the previous advertised asking price to the current one on each listing.

How long are Redlynch listings on the market before the price drops?

A median of 38 days from when the listing first appeared to its latest price cut, across 7 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.