The ten houses in Australia that won’t sell after being on the market for up to two years – some even heavily discounted – have been revealed. This includes a southern Tasmania home (pictured)

The property in Ranelagh was listed 730 days ago for about $2 million

The historic nine-bedroom property has since reduced its asking price to $995,000

The 585 square metre Oberon home is now selling for $149,000 but it isn’t alone.

A property in Kincumber, north of Sydney, went from $889,000 to a 55 per cent cut.

The asking price is now $400,000 and has been on the market for 366 days.

Another NSW residence, in Gymea Bay – southern Sydney – was initially listed for $1.8 million 100 days ago.

Since then, the price has seen a 50 per cent reduction to $900,000. 

Another NSW residence, in Gymea Bay – southern Sydney – was initially listed for $1.8 million 100 days ago

Since then, the price for this property has seen a 50 per cent reduction of $900,000

In Queensland, a four-bedroom property has seen a 45 per cent decrease in its asking price

The asking price for the property was initially for $1.5 million when it was listed on the market 247 days ago

The home in Dunwich, east of Brisbane, is now going for $825,000

Over in southern Tasmania, Ranelagh, another home has been on the market nearly as long as the Oberon property.

The historic nine-bedroom property was listed 730 days ago for about $2 million but has since reduced its asking price to $995,000.  

In Queensland, a four-bedroom property has seen a 45 per cent decrease in its asking price since it was listed for $1.5 million 247 days ago.

The home in Dunwich, east of Brisbane, is now going for $825,000.

SQM Research’s 10 most discounted properties in Australia:

1) 1/35 Empire Drive, Kincumber, NSW

It has been on the market for 366 days and was initially listed for $889,000.

Now the asking price is $400,000 after a 55 per cent reduction.

2) 2 Louisa Street, Ranelagh, Tasmania

It has been on the market for 730 days and was initially listed for $2 million.

Now the asking price is $995,000 after a 50 per cent reduction.

3) 118 Queen Street, Oberon, NSW

It has been on the market for 800 days and was initially listed for $299,000.

Now the asking price is $149,000 after a 50 per cent reduction.

4) 202-204 Gymea Bay Road, Gymea Bay, NSW

It has been on the market for 100 days and was initally listed for $1.8 million.

Now the asking price is $900,000 after a 50 per cent reduction.

5) 6 Gatumba Street, Myora, Dunwich, Queensland

It has been on the market for 247 days and was initially listed for $1.5 million.

Now the asking price is $825,000 after a 45 per cent reduction. 

6) 8/109 Mitchell Street, Brunswick, Victoria

It has been on the market for 156 days and was initially listed for $670,000.

Now the asking price is $390,000 after a 42 per cent reduction. 

7) 114 Attfield Street, Maddington, Western Australia

It has been on the market for 499 days and was initially listed for $629,950.

Now the asking price is $385,000 after a 39 per cent reduction. 

8) 292 Carabooda Road, Carabooda, Western Australia

It has been on the market for 581 days and was initially listed for $1.65 million.

Now the asking price is $1,032,000 after a 37 per cent reduction. 

9) 1 Dunraven Court, Sydenham, Victoria

It has been on the market for 317 days and was initially listed for $780,000.

Now the asking price is $490,000 after a 37 per cent reduction.

10) 219 Bernard Road North, Carabooda, Western Australia

It has been on the market for 581 days and was initially listed for $3.5 million.

Now the asking price is $2,272,000 after a 35 per cent reduction. 

A property in Kincumber, north of Sydney, went from $889,000 to a 55 per cent cut

The asking price for this home is now $400,000 and has been on the market for 366 days

A one-bedroom home in Oberon, central west of NSW, which was listed 800 days ago for $299,000

But the asking price of this NSW property has since been cut by 50 per cent

The 585 square metre Oberon home is now selling for $149,000

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