House Price Discounting


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A guide to property pricing may be seen from the average discount that a House actually sells at.

An example of this could be looked at, and explained, as follows:

Suburb Example: Tallai, 4213

  • In the 6 months to February 2009, the average price that a House sold for was 13% less than the listing price.
  • In the 6 months to August 2009, this average discount had dropped to 8% of the listing price.

This indicates that the sellers in that area, are not as prepared to sell, at any price, as they might have been six months before.

Days on Market

In the same suburb..


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  • In the 6 months to February 2009, the average time that a House was on the market was 172 days.
  • In the 6 months to August 2009, this average time had dropped to 41 days.

This indicates that the property market in that suburb is heating up, and Houses are selling much faster.

House Price Discounting information can be obtained for any suburb in Australia at:

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