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Price drops in Richlands

Listings for sale in Richlands, QLD 4077 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

12

20% of 60 live listings

Median cut

2.4%

$21K off the asking price

Days listed before cut

76

median, first listed to latest cut

Cuts, last 30 / 90 days

10 / 10

1 listing has raised instead

Richlands price-drop summary

12 listings in Richlands (20% of the 60 on the market) are advertised below an earlier asking price. The typical reduction is 2.4%, about $21K. Townhouse listings account for 9 of them, with a median cut of 2.4%. Going the other way, 1 listing has raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Townhouse92.4%
Apartment31.1%

Largest current cuts in Richlands

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

AddressPrevious askingNow askingCutCut onProperty
35/10 Giosam Street$928,000$860,000-7.3%4 bed Townhouse
11/10 Giosam Street$919,000$860,000-6.4%4 bed Apartment
8/7 Giosam Street$760,000$735,000-3.3%3 bed Townhouse
17/220 Government Road$1,030,000$998,000-3.1%3 bed Townhouse
74/31 Yerongpan Street$780,000$759,000-2.7%3 bed Townhouse
40/10 Yugumbir Street$799,000$780,000-2.4%3 bed Townhouse
87/164 Government Rd$896,000$875,000-2.3%4 bed Townhouse
15/153 Government Road$899,999$879,999-2.2%4 bed Townhouse
171/25 Farinazzo Street$719,000$710,000-1.3%3 bed Townhouse
174/25 Farinazzo Street$859,000$849,000-1.2%3 bed Townhouse
69/31 Yerongpan Street$819,000$810,000-1.1%3 bed Apartment
165/25 Farinazzo Street$749,999$749,000-0.1%3 bed Apartment

Suburb profile

Richlands market data

Median prices, rents, growth and vacancy for Richlands.

Sold prices

Recent sales in Richlands

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 Richlands: common questions

How many properties in Richlands have had a price drop?

12 listings for sale in Richlands QLD 4077 are currently advertised below an earlier asking price, 20% of the 60 listings on the market. 10 of those cuts were recorded in the last 30 days and 10 in the last 90.

How much are Richlands sellers cutting their prices by?

The median cut is 2.4%, or $21K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 76 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.

Price Drops in Richlands QLD 4077 | PropRadar