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Australia market

Subaru Impreza 22B STi

1998–1999

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  • 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

Subaru Impreza 22B STi

Based on 3 verified auction results

BUYBottomed Outmedium confidence

$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 is trading at AUD $243,500 in the Australian market, down 3.1 percent year-on-year, though market data is constrained by only three tracked sales over the past twelve months. The car is signaled as a buy opportunity following what appears to be a price floor, suggesting near-term stabilization despite the downward trajectory.

With just 424 examples built, the 22B STi occupies the rarest tier of modern Japanese performance collectibles and carries a perfect 10.0 collectibility score. This production scarcity and homologation-special pedigree define its Holy Grail status within Subaru enthusiast circles, though its moderate desirability relative to other ultra-rare JDM exports suggests buyer appetite remains measured in the current Australian market.

The extreme thinness of liquidity—only three sales tracked over a full year, with zero active listings observed—underscores how rarely these cars change hands. For both buyers and sellers, the Australian market for the 22B STi requires patience and direct sourcing, as the price discovery mechanism is effectively dormant at this scale.

Base projections anticipate modest further decline, with median values settling around AUD $230,672 over three years and AUD $226,741 over five years, representing cumulative drops of 5.3 and 6.9 percent respectively. This softening likely reflects broader market consolidation among ultra-rare Japanese sports cars rather than fundamental deterioration in the model's collector standing.

The buy signal appears anchored to the likelihood that the market has absorbed current economic headwinds and that current pricing reflects realistic fair value for a car of this scarcity and condition profile. However, the medium-confidence rating reflects the inherent uncertainty of projecting values when transaction samples are this small.

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%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)$1,930
  • Maintenance$4,870
  • Storage$4,870
  • Depreciation— (appreciating)
  • Total annual cost$11,670
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

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

  • $243,500

    Collecting Cars · 27 Nov 2025

  • $228,000

    Collecting Cars · 25 Aug 2025

  • $261,500

    Collecting Cars · 25 Feb 2025

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.