Discounted Property Bargains

Here are the top ten most heavily discounted Australian properties on the market. (as at 14/10/11)

Rank Address Suburb Initial price Now asking Reduction
1 588 White Beach Rd White Beach, TAS $780,000 $400,000 49%
2 102 Fountain Rd Burpengary, QLD $1,200,000 $699,000 42%
3 3 Boolari Rd Gosford West, NSW $990,000 $580,000 41%
4 25 Vicary St Triabunna, TAS $299,000 $189,000 37%
5 146 Maddington Rd Maddington, WA $5,500,000 $3,500,000 36%
6 290 Viveash Rd Swan View, WA $2,290,000 $1,500,000 34%
7 3 Zelma Ct Macleay Island, QLD $380,000 $250,000 34%
8 1/16 Dewar Ledge Point, WA $375,000 $250,000 33%
9 9 Brentwood Ave Blackheath, NSW $1,425,000 $990,000 31%
10 23 Hill St Leichhardt, NSW $1,185,000 $850,000 28%

 

Housing data courtesy of sqmresearch.com.au

Thumb: http://www.flickr.com/photos/claudio_ar/3243728543/