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Price drops in Springfield

Listings for sale in Springfield, QLD 4300 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

14

33% of 42 live listings

Median cut

4.5%

$50K off the asking price

Days listed before cut

43

median, first listed to latest cut

Cuts, last 30 / 90 days

13 / 14

no current price rises

Springfield price-drop summary

14 listings in Springfield (33% of the 42 on the market) are advertised below an earlier asking price. The typical reduction is 4.5%, about $50K. House listings account for 12 of them, with a median cut of 5.4%.

Cuts by property type

TypeListings reducedMedian cut
House125.4%
Townhouse23.3%

Largest current cuts in Springfield

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

AddressPrevious askingNow askingCutCut onProperty
7 Highpeak Crescent$1,200,000$1,050,000-12.5%4 bed House
11 Evergreen Court$1,100,000$1,000,000-9.1%4 bed House
45 Escarpment Drive$849,000$790,000-6.9%4 bed House
3 Heron Crescent$959,000$900,000-6.2%4 bed House
50 Congo Circuit$899,000$849,000-5.6%4 bed House
9 Derwent Place$1,099,000$1,039,000-5.5%4 bed House
28 Congo Circuit$949,000$899,000-5.3%4 bed House
20/9 Springfield College Drive$790,000$760,000-3.8%3 bed Townhouse
6 Bridgewater Road$1,399,000$1,350,000-3.5%5 bed House
9 Moselle Street$899,000$869,000-3.3%4 bed House
75/21 Springfield Parkway$760,000$739,000-2.8%3 bed Townhouse
15 Congo Circuit$869,000$849,000-2.3%4 bed House
31 Moresby Avenue$1,125,000$1,100,000-2.2%4 bed House
63 Karamea Ave$790,000$780,000-1.3%3 bed House

Suburb profile

Springfield market data

Median prices, rents, growth and vacancy for Springfield.

Sold prices

Recent sales in Springfield

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 Springfield: common questions

How many properties in Springfield have had a price drop?

14 listings for sale in Springfield QLD 4300 are currently advertised below an earlier asking price, 33% of the 42 listings on the market. 13 of those cuts were recorded in the last 30 days and 14 in the last 90.

How much are Springfield sellers cutting their prices by?

The median cut is 4.5%, or $50K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 43 days from when the listing first appeared to its latest price cut, across 14 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.