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Price drops in Springwood

Listings for sale in Springwood, QLD 4127 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

9

18% of 51 live listings

Median cut

3.4%

$24K off the asking price

Days listed before cut

20

median, first listed to latest cut

Cuts, last 30 / 90 days

9 / 9

1 listing has raised instead

Springwood price-drop summary

9 listings in Springwood (18% of the 51 on the market) are advertised below an earlier asking price. The typical reduction is 3.4%, about $24K. Townhouse listings account for 7 of them, with a median cut of 3.4%. Going the other way, 1 listing has raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Townhouse73.4%
House23.9%

Largest current cuts in Springwood

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

AddressPrevious askingNow askingCutCut onProperty
9/155 John Paul Drive$749,000$700,000-6.5%3 bed Townhouse
15/4 Amie Court$700,000$665,000-5.0%2 bed Townhouse
40 Caloola Drive$1,250,000$1,200,000-4.0%4 bed House
16 Delilah Street$1,350,000$1,300,000-3.7%5 bed House
35/15 Magellan Road$699,000$675,000-3.4%2 bed Townhouse
11/4 Amie Court$620,000$599,000-3.4%2 bed Townhouse
26/111 Barbaralla Drive$719,000$699,000-2.8%2 bed Townhouse
15/35 Dennis Road$675,000$660,000-2.2%2 bed Townhouse
34/8 Briggs Road$700,000$699,000-0.1%2 bed Townhouse

Suburb profile

Springwood market data

Median prices, rents, growth and vacancy for Springwood.

Sold prices

Recent sales in Springwood

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 Springwood: common questions

How many properties in Springwood have had a price drop?

9 listings for sale in Springwood QLD 4127 are currently advertised below an earlier asking price, 18% of the 51 listings on the market. 9 of those cuts were recorded in the last 30 days and 9 in the last 90.

How much are Springwood sellers cutting their prices by?

The median cut is 3.4%, or $24K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 20 days from when the listing first appeared to its latest price cut, across 9 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.