All Topics / General Property / Clarification of item in Domain.com

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  • Profile photo of vladvlad
    Member
    @vlad
    Join Date: 2009
    Post Count: 8

    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
    Discounting

    It 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?

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    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.com

    Success comes from doing things differently

    Profile photo of vladvlad
    Member
    @vlad
    Join Date: 2009
    Post Count: 8

    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%

Viewing 3 posts - 1 through 3 (of 3 total)

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