Price drops in Adelaide
Listings for sale in Adelaide, SA 5000 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
44
21% of 210 live listings
Median cut
4.0%
$30K off the asking price
Days listed before cut
65
median, first listed to latest cut
Cuts, last 30 / 90 days
34 / 42
3 listings have raised instead
Adelaide price-drop summary
44 listings in Adelaide (21% of the 210 on the market) are advertised below an earlier asking price. The typical reduction is 4.0%, about $30K. Apartment listings account for 34 of them, with a median cut of 3.8%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 34 | 3.8% |
| House | 5 | 6.5% |
| Townhouse | 5 | 4.5% |
Largest current cuts in Adelaide
The 30 biggest of 44, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 43/34 Austin Street | $515,000 | $455,000 | -11.7% | 3 bed Apartment | |
| 2/28 Storr Street | $480,000 | $440,000 | -8.3% | 1 bed Apartment | |
| 603/235-237 Pirie Street | $355,000 | $328,000 | -7.6% | 1 bed Apartment | |
| 1108/297 Pirie Street | $925,000 | $855,000 | -7.6% | 3 bed Apartment | |
| 13a Tapley Street | $1,399,000 | $1,299,000 | -7.1% | 3 bed Townhouse | |
| 119-121 Sturt Street | $1,750,000 | $1,625,000 | -7.1% | 4 bed House | |
| 3/15-19 Owen Street | $740,000 | $690,000 | -6.8% | 2 bed Townhouse | |
| 18 Owen Street | $1,500,000 | $1,400,000 | -6.7% | 3 bed House | |
| 24 Gray Street | $850,000 | $795,000 | -6.5% | 2 bed House | |
| 801/55 Hindmarsh Square | $845,000 | $795,000 | -5.9% | 2 bed Apartment | |
| 702/185 Morphett Street | $475,000 | $449,000 | -5.5% | 1 bed Apartment | |
| 404/193 Angas Street | $1,000,000 | $950,000 | -5.0% | 2 bed Apartment | |
| 1403/104 North Terrace | $520,000 | $495,000 | -4.8% | 1 bed Apartment | |
| 203/180 Morphett Street | $440,000 | $419,000 | -4.8% | 1 bed Apartment | |
| 904/39 Grenfell Street | $750,000 | $715,000 | -4.7% | 4 bed Apartment | |
| 204/111 South Terrace | $670,000 | $639,000 | -4.6% | 2 bed Apartment | |
| 311/293-297 Pirie Street | $650,000 | $620,000 | -4.6% | 2 bed Apartment | |
| 29/211 Gilles Street | $1,100,000 | $1,050,000 | -4.5% | 3 bed Townhouse | |
| 104/23 Frew Street | $790,000 | $755,000 | -4.4% | 2 bed Apartment | |
| 5A Spence Place | $1,045,000 | $999,000 | -4.4% | 2 bed Townhouse | |
| 67 McLaren Street | $1,340,000 | $1,285,000 | -4.1% | 2 bed House | |
| 1202/181 Waymouth Street | $990,000 | $950,000 | -4.0% | 2 bed Apartment | |
| 11/20 Norman Street | $620,000 | $595,000 | -4.0% | 2 bed Apartment | |
| 911/15 Austin Street Street | $750,000 | $720,000 | -4.0% | 2 bed Apartment | |
| 718/61 Hindmarsh Square | $775,000 | $745,000 | -3.9% | 3 bed Apartment | |
| 1306/29 Angas Street | $790,000 | $760,000 | -3.8% | 2 bed Apartment | |
| 303/23 King William Street | $405,000 | $390,000 | -3.7% | 3 bed Apartment | |
| 804/421 King William Street | $549,000 | $529,000 | -3.6% | 1 bed Apartment | |
| 602/193 Angas Street | $1,400,000 | $1,350,000 | -3.6% | 3 bed Apartment | |
| 327 Halifax Street | $1,400,000 | $1,350,000 | -3.6% | 2 bed House |
Suburb profile
Adelaide market data
Median prices, rents, growth and vacancy for Adelaide.
Sold prices
Recent sales in Adelaide
What buyers actually paid, and how it compared with the asking price.
Australia-wide
All price rises and cuts
The national feed of asking-price changes, filterable by state, type and size of change.
Price drops in Adelaide: common questions
How many properties in Adelaide have had a price drop?
44 listings for sale in Adelaide SA 5000 are currently advertised below an earlier asking price, 21% of the 210 listings on the market. 34 of those cuts were recorded in the last 30 days and 42 in the last 90.
How much are Adelaide sellers cutting their prices by?
The median cut is 4.0%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Adelaide listings on the market before the price drops?
A median of 65 days from when the listing first appeared to its latest price cut, across 44 listings.
What counts as a price drop here?
A listing that is still for sale and whose current advertised asking price was set by a reduction from its previous asking price. Changes that cannot be confirmed as one advertisement repricing, such as several ads sharing one address, are left out.
Showing at most 30 listings. Asking prices are as advertised; a cut is not a sale price.