first_imgThis property at 4 Commodore Dr, Birkdale, has had its price significantly reduced. Picture: realestate.com.au.HOME hunters across Brisbane could be scoring discounts of up to $600,000 as frustrated sellers drop their prices in the hope of finally attracting buyers.Data from property analysts SQM Research has revealed the 10 properties currently advertised with the biggest reductions on their original listed prices, revealing savings of up to more than 30 per cent.The properties range from an inner-city character cottage to a five-bedroom mansion, along with a block of units and residential land. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE The biggest discount is currently being offered on a 4ha, hilltop block in Brisbane’s west with breathtaking views of the city and Moreton Island, which at $1.2 million is $600,000 below the original listed price of $1.8 million.The property at Lot 201, 469 Haven Rd, Upper Brookfield, comes with concept drawings of an architect-designed home.Marketing agent Franzwa Van Vuuren of Brisbane West Real Estate said the price was adjusted to meet the market.“The owner had expected $1.5 million and I told him it’s very hard to sell a block of land in that price range,” Mr Van Vuuren said.“It’s extremely good value for money. “There are not many blocks around with that view.”Mr Van Vuuren said vendors were more open to considering dropping the price if a property had been on the market for a while. This home at 20 Grays Rd, Hamilton, has a heated indoor pool. Picture: realestate.com.au.BIGGEST DISCOUNTS1. Lot 201, 469 Haven Road, Upper BrookfieldDiscount: $600,000Original price: $1.8 millionCurrent: $1.2 million The view from Lot 201, 469 Haven Rd, Upper Brookfield. Picture: realestate.com.au.More from newsParks and wildlife the new lust-haves post coronavirus21 hours agoNoosa’s best beachfront penthouse is about to hit the market21 hours ago2. 164 Water Street, Spring HillDiscount: $581,000Original price: $1.4 millionCurrent: $819,000 This property at 4 Commodore Dr, Birkdale, is for sale for a bargain price. Picture: realestate.com.au.And in the high-end suburb of Hamilton, just 5km north of the CBD, a brand new five-bedroom, five-bathroom house at 20 Grays Road has been reduced from $3.25 million to $2.8 million. $5 PUNT FOR PROPERTY PORTFOLIO This property at 164 Water Street, Spring Hill, is for sale. Picture: realestate.com.au.3. 4 Commodore Drive, BirkdaleDiscount: $550,000Original price: $3.5 millionCurrent: $2.95 million This property at Lot 201, 469 Haven Rd, Upper Brookfield is for sale. Picture: realestate.com.au.A four-bedroom replica character house in inner-city Spring Hill is currently advertised with a similar discount of $581,000 — the home was first listed at $1.4 million.The home on 397 sqm at 164 Water Street has been on the market for sale since June. INTEREST-ONLY BORROWERS IN TROUBLE This proposed unit development site at 8-12 Ethel St, Chermside, is for sale. Picture: realestate.com.au.7. 97 Ritchie Road, PallaraDiscount: $500,000Original price: $2.5 millionCurrent: $2 million This home at 20 Grays Rd, Hamilton, is for sale for a bargain price. Picture: realestate.com.au.The property was first listed in December, 2016, but the price was reduced because the vendor wanted a contract signed before Christmas, according to the listing.It comes with a rooftop terrace, heated indoor pool, pool room and bar and theatre room. This residential site at 97 Ritchie Rd, Pallara. Picture: realestate.com.au.8. 165 Stafford Rd, Kedron Discount: $500,000Original price: $3.5 millionCurrent: $3 millioncenter_img This property at 18 Komraus Court, Morayfield, is for sale.5. 11 Grenoble Place, Raby BayDiscount: $520,000Original price: $4.5 millionCurrent: $3.98 million The roof top terrace at 20 Grays Rd, Hamilton. Picture: realestate.com.au. This block of units at 165 Stafford Rd, Kedron, is for sale. Picture: realestate.com.au.9. 532 Wembley Road, BerrinbaDiscount: $450,000Original price: $1.85 millionCurrent: $1.4 million This luxury home at 11 Grenoble Place, Raby Bay, is for sale. Picture: realestate.com.au.6. 8-12 Ethel Street, Chermside Discount: $500,000Original price: $2.2 millionCurrent: $1.7 million Inside the property at 4 Commodore Dr, Birkdale. Picture: realestate.com.au.4. 18 Komraus Court, MorayfieldDiscount: $550,000Original price: $1.45 millionCurrent: $900,000 This 1ha block of residential land at 532 Wembley Rd, Berrinba, is for sale. Picture: realestate.com.au.10. 20 Grays Rd, HamiltonDiscount: $450,000Original price: $3.25 millionCurrent: $2.8 million This home at 164 Water Street, Spring Hill, is for sale at a reduced price. Picture: realestate.com.au.In Birkdale, about half an hour east of Brisbane, a five-bedroom waterfront mansion on 4619 sqm at 4 Commodore Drive could now be yours for $2.95 million — $550,000 less than the original listed price.The home has beach frontage, a private marine berth, a pool house with a wet bar and kitchen/BBQ, sauna and 20m resort style pool.Marketing agent Nathan Truong of Master Agents said the property had attracted a lot of interest, but its price point was out of reach for many prospective buyers in the area.“Unfortunately not many people have $3 million to spend at the moment,” he said.last_img

$600k off: Brisbane’s 10 most discounted homes right now

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