Gidday and thanks in advance for you replies.
I have been researching properties on various sites and am not sure if I understand the item on the domain web site. I have searched all over the site and cannot find an explination for this field.
I understand these figures come from http://www.homepriceguide.com.au I have looked at that site as well and it is not clearly explained there as well. I will post the question to them as well.http://www.domain.com.au
Property Reports
Property Prices for Houses and Units
DiscountingIt is the Discounting percentage that I am unsure of.
Is this the statistic the amount that buyers have reduced the listed price of a property?
Hi,
Can you give me a link to the webpage you are looking at?
Thanks,
– Steve
Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
Gidday
No worries. Not sure if it will work. let me know and I can give you the naviagion instructions.http://www.domain.com.au/public/SuburbProfile.aspx?suburb=Holland%20Park&postcode=4121&mode=research
This is the section I am interested in. Sorry the formatting is all out
Houses Units
Holland Park Region Holland Park Region
Median Prices $525,000 $395,000 SNR $352,000
Long Term Trend 15.6% 12.0% 12.6% 9.4%
Auction clearance rates 44% 34% SNR 45%
Days on Market 54 69 SNR 48
Discounting 6% 7% SNR 6%
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