Price drops in Scarborough
Listings for sale in Scarborough, QLD 4020 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
15
13% of 116 live listings
Median cut
5.0%
$100K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
10 / 12
4 listings have raised instead
Scarborough price-drop summary
15 listings in Scarborough (13% of the 116 on the market) are advertised below an earlier asking price. The typical reduction is 5.0%, about $100K. House listings account for 11 of them, with a median cut of 4.5%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 11 | 4.5% |
| Apartment | 3 | 5.3% |
| Townhouse | 1 | 9.5% |
Largest current cuts in Scarborough
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 2/178 Prince Edward Parade | $1,050,000 | $950,000 | -9.5% | 3 bed Townhouse | |
| 3/146 Prince Edward Parade | $1,090,000 | $990,000 | -9.2% | 2 bed Apartment | |
| 37A Central Avenue | $1,200,000 | $1,095,000 | -8.8% | 4 bed House | |
| 143A Mein Street | $1,995,000 | $1,825,000 | -8.5% | 5 bed House | |
| 14 Peterson Street | $1,195,000 | $1,095,000 | -8.4% | 4 bed House | |
| 18 Osbourne Street | $1,080,000 | $995,000 | -7.9% | 2 bed House | |
| 301/137 Landsborough Avenue | $1,899,000 | $1,799,000 | -5.3% | 3 bed Apartment | |
| 237 Scarborough Road | $999,000 | $949,000 | -5.0% | 3 bed House | |
| 5/2A Landsborough Avenue | $749,000 | $711,550 | -5.0% | 3 bed Apartment | |
| 37 Lucas Street | $1,099,000 | $1,050,000 | -4.5% | 3 bed House | |
| 9 Osbourne Street | $2,399,000 | $2,299,000 | -4.2% | 5 bed House | |
| 27 Fortune Street | $3,000,000 | $2,900,000 | -3.3% | 4 bed House | |
| 7 Brennan Road | $1,650,000 | $1,600,000 | -3.0% | 4 bed House | |
| 4 Alexander Street | $1,900,000 | $1,850,000 | -2.6% | 3 bed House | |
| 13 Reef Point Esplanade | $2,800,000 | $2,750,000 | -1.8% | 6 bed House |
Suburb profile
Scarborough market data
Median prices, rents, growth and vacancy for Scarborough.
Sold prices
Recent sales in Scarborough
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 Scarborough: common questions
How many properties in Scarborough have had a price drop?
15 listings for sale in Scarborough QLD 4020 are currently advertised below an earlier asking price, 13% of the 116 listings on the market. 10 of those cuts were recorded in the last 30 days and 12 in the last 90.
How much are Scarborough sellers cutting their prices by?
The median cut is 5.0%, or $100K, measured from the previous advertised asking price to the current one on each listing.
How long are Scarborough 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 15 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.