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Price drops in Belconnen

Listings for sale in Belconnen, ACT 2617 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

46

38% of 121 live listings

Median cut

3.6%

$19K off the asking price

Days listed before cut

66

median, first listed to latest cut

Cuts, last 30 / 90 days

33 / 37

5 listings have raised instead

Belconnen price-drop summary

46 listings in Belconnen (38% of the 121 on the market) are advertised below an earlier asking price. The typical reduction is 3.6%, about $19K. Apartment listings account for 42 of them, with a median cut of 3.7%. Going the other way, 5 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment423.7%
Townhouse31.6%
House12.9%

Largest current cuts in Belconnen

The 30 biggest of 46, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
61/57 Benjamin Way$360,000$299,000-16.9%1 bed Apartment
8/35 Chandler Street$650,000$595,000-8.5%2 bed Apartment
213/39 Benjamin Way$435,000$399,000-8.3%1 bed Apartment
60/68 College Street$380,000$350,000-7.9%1 bed Apartment
133/39 Benjamin Way$415,000$385,000-7.2%1 bed Apartment
1105/3 grazier lane$580,000$540,000-6.9%2 bed Apartment
32/36 Morell Close$620,000$580,000-6.5%2 bed Apartment
8/72 Totterdell Street$665,000$625,000-6.0%3 bed Townhouse
53C/21 Beissel Street$435,000$410,000-5.7%1 bed Apartment
1612/1 Grazier Lane$359,999$340,000-5.6%1 bed Apartment
53/39 Benjamin Way$380,000$360,000-5.3%1 bed Apartment
130/64 College Street$369,000$350,000-5.1%1 bed Apartment
60/101 Hennessy Street$200,000$190,000-5.0%1 bed Apartment
1303/6 grazier lane$520,000$495,000-4.8%2 bed Apartment
1616/120 Eastern Valley Way$569,000$545,000-4.2%3 bed Apartment
716/120 Eastern Valley Way$495,000$475,000-4.0%2 bed Apartment
1214/2 Grazier Lane$520,000$499,000-4.0%2 bed Apartment
10/5 Soundy Close$488,000$469,000-3.9%1 bed Apartment
43/68 College Street$519,000$499,000-3.9%2 bed Apartment
1003/3 Grazier Lane$529,950$509,950-3.8%2 bed Apartment
1303/1 Grazier Lane$539,000$519,000-3.7%2 bed Apartment
158/39 Benjamin Way$539,000$519,000-3.7%2 bed Apartment
24/13 Thurlow Place$410,000$395,000-3.7%2 bed Apartment
16/1 Beissel Street$578,000$558,000-3.5%2 bed Apartment
1801/4 Grazier Lane$619,000$599,000-3.2%2 bed Apartment
1005/4 Grazier Lane$349,000$339,000-2.9%1 bed Apartment
10/39 Chandler Street$699,000$679,000-2.9%3 bed Apartment
22 Allott Place$699,000$679,000-2.9%3 bed House
212/60 College St$359,000$349,000-2.8%1 bed Apartment
603/120 Eastern Valley Way$540,000$525,000-2.8%2 bed Apartment

Suburb profile

Belconnen market data

Median prices, rents, growth and vacancy for Belconnen.

Sold prices

Recent sales in Belconnen

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 Belconnen: common questions

How many properties in Belconnen have had a price drop?

46 listings for sale in Belconnen ACT 2617 are currently advertised below an earlier asking price, 38% of the 121 listings on the market. 33 of those cuts were recorded in the last 30 days and 37 in the last 90.

How much are Belconnen sellers cutting their prices by?

The median cut is 3.6%, or $19K, measured from the previous advertised asking price to the current one on each listing.

How long are Belconnen listings on the market before the price drops?

A median of 66 days from when the listing first appeared to its latest price cut, across 46 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.