Price drops in Bankstown
Listings for sale in Bankstown, NSW 2200 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
23
22% of 105 live listings
Median cut
3.8%
$30K off the asking price
Days listed before cut
53
median, first listed to latest cut
Cuts, last 30 / 90 days
18 / 22
5 listings have raised instead
Bankstown price-drop summary
23 listings in Bankstown (22% of the 105 on the market) are advertised below an earlier asking price. The typical reduction is 3.8%, about $30K. Apartment listings account for 16 of them, with a median cut of 3.7%. Going the other way, 5 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 16 | 3.7% |
| House | 3 | 4.8% |
| Townhouse | 3 | 4.1% |
| Villa | 1 | 5.2% |
Largest current cuts in Bankstown
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 316/74 Restwell Street | $530,000 | $455,000 | -14.2% | 1 bed Apartment | |
| 303/74-76 Kitchener Parade | $680,000 | $600,000 | -11.8% | 2 bed Apartment | |
| 48/127 Chapel Road | $569,950 | $519,950 | -8.8% | 2 bed Apartment | |
| 31/7 Cross Street | $525,000 | $480,000 | -8.6% | 2 bed Apartment | |
| 24/59 Rickard Road | $540,000 | $495,000 | -8.3% | 2 bed Apartment | |
| 3/76 Sir Joseph Banks Street | $1,159,950 | $1,099,950 | -5.2% | 3 bed Villa | |
| 20 Egan Street | $1,845,000 | $1,750,000 | -5.1% | 3 bed House | |
| 35-39 Marion Street | $6,300,000 | $6,000,000 | -4.8% | 6 bed House | |
| 8/3 Highland Avenue | $1,150,000 | $1,100,000 | -4.3% | 3 bed Townhouse | |
| 6/53 Stacey Street | $875,000 | $839,000 | -4.1% | 3 bed Townhouse | |
| 522/74 Restwell Street | $625,000 | $600,000 | -4.0% | 2 bed Apartment | |
| 8/21 Weigand Avenue | $650,000 | $625,000 | -3.8% | 2 bed Apartment | |
| 2/3 Melanie Street | $649,000 | $625,000 | -3.7% | 2 bed Apartment | |
| 3/85 Chapel Rd | $550,000 | $530,000 | -3.6% | 2 bed Apartment | |
| 3/77 Pringle Avenue | $929,950 | $899,950 | -3.2% | 3 bed Townhouse | |
| 51/17 Rickard Road | $649,000 | $629,000 | -3.1% | 3 bed Apartment | |
| 30 Claribel Street | $1,649,950 | $1,599,950 | -3.0% | 4 bed House | |
| 418/74 Restwell Street | $670,000 | $650,000 | -3.0% | 2 bed Apartment | |
| 116/74 Restwell Street | $545,000 | $529,000 | -2.9% | 1 bed Apartment | |
| 901/5 French Avenue | $675,000 | $660,000 | -2.2% | 2 bed Apartment | |
| 1301/192 Stacey Street | $510,000 | $499,000 | -2.2% | 1 bed Apartment | |
| 902/194 Stacey Street | $485,000 | $475,000 | -2.1% | 1 bed Apartment | |
| G09/351C Hume Highway | $589,000 | $579,000 | -1.7% | 2 bed Apartment |
Suburb profile
Bankstown market data
Median prices, rents, growth and vacancy for Bankstown.
Sold prices
Recent sales in Bankstown
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 Bankstown: common questions
How many properties in Bankstown have had a price drop?
23 listings for sale in Bankstown NSW 2200 are currently advertised below an earlier asking price, 22% of the 105 listings on the market. 18 of those cuts were recorded in the last 30 days and 22 in the last 90.
How much are Bankstown sellers cutting their prices by?
The median cut is 3.8%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Bankstown listings on the market before the price drops?
A median of 53 days from when the listing first appeared to its latest price cut, across 23 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.