Price drops in Surfers Paradise
Listings for sale in Surfers Paradise, QLD 4217 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
167
23% of 717 live listings
Median cut
4.0%
$41K off the asking price
Days listed before cut
66
median, first listed to latest cut
Cuts, last 30 / 90 days
121 / 153
13 listings have raised instead
Surfers Paradise price-drop summary
167 listings in Surfers Paradise (23% of the 717 on the market) are advertised below an earlier asking price. The typical reduction is 4.0%, about $41K. Apartment listings account for 156 of them, with a median cut of 3.9%. Going the other way, 13 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 156 | 3.9% |
| House | 6 | 5.5% |
| Duplex+Semi Detached | 2 | 6.6% |
| Villa | 2 | 5.3% |
| Townhouse | 1 | 1.6% |
Largest current cuts in Surfers Paradise
The 30 biggest of 167, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 62/19 Orchid Avenue | $300,000 | $199,000 | -33.7% | 1 bed Apartment | |
| 1001/3422 Surfers Paradise Boulevard | $950,000 | $750,000 | -21.1% | 2 bed Apartment | |
| 1103/40 Stanhill Drive | $1,230,000 | $999,000 | -18.8% | 1 bed Apartment | |
| 87/18 Remembrance Drive | $1,199,000 | $999,000 | -16.7% | 2 bed Apartment | |
| 39/24 Hamilton Avenue | $1,550,000 | $1,300,000 | -16.1% | 3 bed Apartment | |
| unit 1405/12 Weemala Street | $1,600,000 | $1,350,000 | -15.6% | 2 bed Apartment | |
| 301/12-16 Weemala Street | $2,600,000 | $2,200,000 | -15.4% | 2 bed Apartment | |
| 170/12 Commodore Drive | $1,995,000 | $1,695,000 | -15.0% | 3 bed Apartment | |
| 161/8 Admiralty Drive | $1,350,000 | $1,150,000 | -14.8% | 2 bed Apartment | |
| 1405/12 Weemala Street | $1,525,000 | $1,300,000 | -14.8% | 2 bed Apartment | |
| 68/2894-2910 Gold Coast Highway | $3,500,000 | $3,000,000 | -14.3% | 3 bed Apartment | |
| 9F/3277 Surfers Paradise Boulevard | $700,000 | $600,000 | -14.3% | 1 bed Apartment | |
| 2/23 Monaco Street | $895,000 | $795,000 | -11.2% | 2 bed Apartment | |
| 1203/9 Hamilton Avenue | $840,000 | $750,000 | -10.7% | 1 bed Apartment | |
| 11205/36 Old Burleigh Road | $1,399,000 | $1,250,000 | -10.7% | 1 bed Apartment | |
| 1102/70 Remembrance Drive | $575,000 | $515,000 | -10.4% | 1 bed Apartment | |
| 4302/4 The Esplanade | $1,775,000 | $1,595,000 | -10.1% | 2 bed Apartment | |
| 1007/36-42 Stanhill Drive | $1,100,000 | $995,000 | -9.5% | 1 bed Apartment | |
| 4803/4 The Esplanade | $1,720,000 | $1,560,000 | -9.3% | 2 bed Apartment | |
| 1703/3 River Drive | $1,100,000 | $999,000 | -9.2% | 2 bed Apartment | |
| 173/8 Admiralty Drive | $2,200,000 | $2,000,000 | -9.1% | 3 bed Apartment | |
| 1262/9 Ferny Avenue | $880,000 | $800,000 | -9.1% | 1 bed Apartment | |
| 12806/3113 Surfers Paradise Boulevard | $795,000 | $725,000 | -8.8% | 1 bed Apartment | |
| 102/3 River Drive | $979,000 | $895,000 | -8.6% | 2 bed Apartment | |
| 18 The Corso | $3,275,000 | $2,995,000 | -8.5% | 4 bed House | |
| 1106/3422 Surfers Paradise Boulevard | $950,000 | $870,000 | -8.4% | 2 bed Apartment | |
| 77/85 Old Burleigh Road | $1,070,000 | $980,000 | -8.4% | 2 bed Apartment | |
| 45/43 Enderley Avenue | $1,200,000 | $1,100,000 | -8.3% | 3 bed Apartment | |
| 9/8 Admiralty Drive | $1,195,000 | $1,100,000 | -7.9% | 2 bed Apartment | |
| 13/18 Elliott Street | $1,295,000 | $1,195,000 | -7.7% | 3 bed Apartment |
Suburb profile
Surfers Paradise market data
Median prices, rents, growth and vacancy for Surfers Paradise.
Sold prices
Recent sales in Surfers Paradise
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 Surfers Paradise: common questions
How many properties in Surfers Paradise have had a price drop?
167 listings for sale in Surfers Paradise QLD 4217 are currently advertised below an earlier asking price, 23% of the 717 listings on the market. 121 of those cuts were recorded in the last 30 days and 153 in the last 90.
How much are Surfers Paradise sellers cutting their prices by?
The median cut is 4.0%, or $41K, measured from the previous advertised asking price to the current one on each listing.
How long are Surfers Paradise listings on the market before the price drops?
A median of 66 days from when the listing first appeared to its latest price cut, across 167 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.