Top 10 Most Discounted Properties

SQM Research has released the top 10 most discounted properties in the country. The most discounted property is 173 Jollytown Road, Lyndoch, SA. It has taken the top spot on the list with a reduction of 51 percentage points. Lyndoch is located within Barossa Valley, and is world renowned for its award winning wineries. In keeping with local produce, the three bedroom home also includes a substantial amount of land, 20.8 hectares of cleared land, 3.24 hectares of which are well maintained vineyards (both Shiraz and Grenache).

The house appears to be in an excellent condition with stunning timber floors, neutral carpets and modern stainless steel appliances and fittings throughout. There are two bathroom's located in the house, one of which features a cleverly elevated spa with a convenient double shower. The combined living and kitchen area is particularly stylish with granite benchtops, a built in Miele coffee machine, five burner gas cook-top, stainless steel dishwasher, with an additional fully insulated, temperature controlled cellar room. The outdoor living and eating space provides plenty of space for entertaining guests and or relaxing with an impressive 'Nectre' stainless steel wood-fired pizza oven.

With the vendor slashing the price under the $1 million dollar mark earlier this month, the property is likely to receive a lot more interest and will likely be snatched up sooner rather than later.

 

Here are the top 10;                                                          

1. 173 Jollytown Road Lyndoch 5351               

Asking price $1.8M

Reduction $890k (51%)

Days on market 635         

2. 1617-1643 Wisemans Ferry Rd, Maroota 2756        

Asking price $3.8M

Reduction $2.4M (39%)

Days on market 367       

3. 3S1500/8 Waterview Walk Docklands 3008        

Asking price $550k

Reduction $349k (37%)

Days on market 1034      

4. 2 Joy Street Encounter Bay 5211                          

Asking price $650k                  

Discount $425k (35%)     

Day on market 573           

5. 10/43 Mannikan Court Bakewell 0832                   

Asking price $439k                     

Reduction $300k (32%)  

Days on market 457       

6.177 Andrew Road Greenbank 4124               

Asking price $1.1M             

Reduction $800k (29%)

Days on market 1,037     

7. 135-147 Burke Road Donnybrook 4510                  

Asking price $1.42M                      

Reduction $1M (29%)      

Days on market 904       

8. 17 Turner Drive Guilderton 6041                           

Asking price $630k                    

Reduction $450k (29%)  

Days on market 596         

9. 32 Wolstenholme Drive Sorell 7172             

Asking price $1.2M             

Reduction $850k (29%)  

Days on market 865         

10. 216 Old Ipswich Road Riverview 4303                

Asking price $599k                      

Reduction $430k (28%)  

Days on market 340