Subaru Impreza 22B STi

The Subaru Impreza 22B STi sits at AUD $243,500 in the Australian market, down 3.1% year-over-year, though trading data remains sparse with only three transactions logged over the past twelve months. The current signal reads as a buy, and market sentiment suggests the model has bottomed out after recent weakness.

Supply is finite and immovable: only 424 units were produced globally, making the 22B one of the rarest modern Subarus and firmly positioning it in "Holy Grail" collectibility territory. This extreme scarcity defines the market, though desirability registers as moderate rather than exceptional, suggesting collector appetite is selective rather than universal.

Liquidity is thin and illiquid, with zero active listings and just three sales across twelve months. This combination of extreme rarity and minimal transaction volume means pricing discovery is difficult and any sale represents a negotiated event rather than a liquid market exchange. Buyers and sellers should expect friction.

No mileage data has been recorded in recent transactions, which is common for cars of this age, rarity, and collector status. Physical condition likely varies significantly between examples, and provenance almost certainly influences individual valuations more than any market-wide average could.

The three-year base projection shows depreciation to AUD $230,672 (down 5.3%), and the five-year base case reaches AUD $226,741 (down 6.9%). These modest declines reflect ongoing rarity and collectible status holding value, though without a surge in desirability or collector demand, the 22B appears to be in a consolidation phase rather than appreciation mode.