3 properties discounted by more than 30%



These properties have undergone drastic price cuts since they were first advertised for sale, but are they now worth buying?

These houses are refusing to budge, prompting some big discounts since their initial listing, according to SQM Research. 

1. 22 Ford Street, Woodbridge, WA

This four-bedroom, two-bathroom house in Perth's suburbs has been on the market for more than 145 days.

Initial listing price: $1,250,000

Current listing price: $815,000

Discount: 35 per cent 

Woodbridge's current median house price: $545,000 (source: CoreLogic RP Data)

2. 27 Stone Street, Panorama, SA

This six-bedroom, three-bathroom home in Adelaide has been on the market for more than 369 days. 

Initial listing price: $1.39 million 

Current listing price: $910,000

Discount: 35 per cent 

Panorama's current median house price: $530,000 (source: CoreLogic RP Data)

 

3. 66 Kempenfeldt Avenue, Sorrento, WA 

It's got views across the Indian Ocean, but this four-bedroom Sorrento house hasn't shifted despite being on the market for more than 194 days. 

Initial listing price:$1.95 million

Current listing price: $1,349,000

Discount: 31 per cent  

Sorrento's current median house price: $1,026,250 (source: CoreLogic RP Data) 

Read more: 

'Living off $200 got me my first property' 

5 suburbs with $1m-plus prices 

Once-in-a-century sale

 

promoted stories