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Price drops in Varsity Lakes

Listings for sale in Varsity Lakes, QLD 4227 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

23

28% of 83 live listings

Median cut

2.7%

$30K off the asking price

Days listed before cut

51

median, first listed to latest cut

Cuts, last 30 / 90 days

21 / 22

1 listing has raised instead

Varsity Lakes price-drop summary

23 listings in Varsity Lakes (28% of the 83 on the market) are advertised below an earlier asking price. The typical reduction is 2.7%, about $30K. Apartment listings account for 11 of them, with a median cut of 2.1%. Going the other way, 1 listing has raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment112.1%
House52.4%
Townhouse46.4%
Duplex+Semi Detached34.5%

Largest current cuts in Varsity Lakes

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

AddressPrevious askingNow askingCutCut onProperty
11/302 Christine Avenue$990,000$900,000-9.1%3 bed Townhouse
1/48 Majorca Crescent$1,200,000$1,100,000-8.3%3 bed Townhouse
23 Winton Terrace$1,595,000$1,499,000-6.0%4 bed House
15 Southlake Drive$1,495,000$1,420,000-5.0%4 bed House
2/2 Mauritius Court$1,100,000$1,045,000-5.0%3 bed Duplex+Semi Detached
1209/397 Christine Avenue$1,049,000$999,000-4.8%2 bed Apartment
2/19 Castello Circuit$1,099,000$1,049,000-4.5%3 bed Duplex+Semi Detached
81/3-21 Regensberg Close$889,000$849,000-4.5%3 bed Townhouse
122 Varsity Parade$1,249,000$1,195,000-4.3%3 bed Duplex+Semi Detached
10/10 Valbonne Avenue$1,200,000$1,150,000-4.2%3 bed Apartment
9/28 Castello Circuit$789,000$765,000-3.0%2 bed Apartment
30510/2 Main Street$899,000$875,000-2.7%2 bed Apartment
7 Tracey Crescent$1,249,000$1,219,000-2.4%3 bed House
6 Notre Dame Court$1,279,000$1,249,000-2.3%3 bed House
57/251 Varsity Parade$949,000$929,000-2.1%2 bed Apartment
22/1 Warbler Parade$1,010,000$989,000-2.1%3 bed Apartment
38 Roundelay Drive$1,300,000$1,275,000-1.9%4 bed House
1414/65 Varsity Parade$865,000$849,000-1.8%2 bed Apartment
ID:21172350/2 Main Street$770,000$760,000-1.3%1 bed Apartment
163/251 Varsity Parade$1,195,000$1,180,000-1.3%2 bed Apartment
304/190 Varsity Parade$799,999$798,000-0.2%2 bed Apartment
7/251 Christine Avenue$850,000$849,000-0.1%2 bed Townhouse
160/251 Varsity Parade$1,050,000$1,049,000-0.1%2 bed Apartment

Suburb profile

Varsity Lakes market data

Median prices, rents, growth and vacancy for Varsity Lakes.

Sold prices

Recent sales in Varsity Lakes

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 Varsity Lakes: common questions

How many properties in Varsity Lakes have had a price drop?

23 listings for sale in Varsity Lakes QLD 4227 are currently advertised below an earlier asking price, 28% of the 83 listings on the market. 21 of those cuts were recorded in the last 30 days and 22 in the last 90.

How much are Varsity Lakes sellers cutting their prices by?

The median cut is 2.7%, or $30K, measured from the previous advertised asking price to the current one on each listing.

How long are Varsity Lakes listings on the market before the price drops?

A median of 51 days from when the listing first appeared to its latest price cut, across 23 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.