Subaru Impreza 22B STi
1998–1999
Lowest price
$228,000
Since 2020
Median price
$243,500
Since 2020 · n=3
Highest price
$261,500
Since 2020
Sold cars
3
All time
Sell-through
100%
Of 3 lots
Based on 3 verified auction results
$243,500
Market value · recent verified sales
-3.1%
12-month change
Buy
Conditions favour buyers. Negotiate on spec and condition.
Price has settled around current levels after a decline (12-mo change -3.1%). Often a buy window before recovery.
MSRP
—
Collectibility
10/10
Holy Grail
3-Year Forecast
$230,672
-5%
5-Year Forecast
$226,741
-7%
Estimates based on 3 verified Australia sales.
Market scores
44
Desirability
Thin
30
Liquidity
Moderate
40
Resale Outlook
Marque analyst note
The Subaru Impreza 22B STi sits at a median of AUD $243,500 in the Australian market, down 3.1 percent over the past twelve months. The BUY signal and "bottomed out" status suggest we are near a floor, though the medium confidence rating reflects the thinness of available transaction data.
With only three sales tracked over the past year, liquidity remains severely constrained—a condition that will persist given no active listings are currently visible. This scarcity is both a feature and a vulnerability: it reinforces the car's Holy Grail collectibility tier, but it also means buyers and sellers operate on information asymmetry and long holding periods.
Production of just 424 units worldwide has cemented the 22B's legendary status in the Subaru community. The classification as an appreciating classic reflects its technical significance and market recognition despite the recent price softness, and the absence of measurable mileage data points to how rarely these cars trade hands.
The three-year and five-year base projections suggest continued modest erosion, falling to AUD $230,672 and AUD $226,741 respectively. The downward trajectory conflicts with the BUY signal, indicating the analyst view is that current pricing has overshot fundamentals and a recovery from these depressed levels is more likely than further decline over the near term.
Desirability is marked as moderate despite the Holy Grail collectibility score, a gap that likely reflects softness among active buyers in the current market rather than any decline in the car's inherent appeal or technical merit. For patient buyers with conviction, the thin liquidity and apparent valuation reset create an entry window that may not persist as confidence returns to the market.
Depreciation Benchmark
- Current avg value$243,500
- Annual appr. rate-3.1%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked8
- Damage or salvage declared0 (0.0%)
- No damage declared8 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)$1,930
- Maintenance$4,870
- Storage$4,870
- Depreciation— (appreciating)
- Total annual cost$11,670
Market Liquidity
- Active Listings0
- Sales Last 12 Months2
- Sell-Through67%
Market Snapshot
- Active Listings0
- Avg Sale Price$244,333
- Avg Mileage at Sale—
- Recent Price Range$228,000 – $261,500
- Total Sales Tracked3
Recent sales
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.