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Price drops in Cessnock

Listings for sale in Cessnock, NSW 2325 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

30

36% of 84 live listings

Median cut

3.7%

$28K off the asking price

Days listed before cut

53

median, first listed to latest cut

Cuts, last 30 / 90 days

24 / 30

1 listing has raised instead

Cessnock price-drop summary

30 listings in Cessnock (36% of the 84 on the market) are advertised below an earlier asking price. The typical reduction is 3.7%, about $28K. House listings account for 29 of them, with a median cut of 3.8%. Going the other way, 1 listing has raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House293.8%
Apartment10.9%

Largest current cuts in Cessnock

By percentage, biggest first. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
44 McGrane Street$730,000$650,000-11.0%2 bed House
4 Bercini Place$1,045,000$950,000-9.1%4 bed House
14 Ercildoune Street$760,000$699,000-8.0%3 bed House
51 Ann Street$1,350,000$1,250,000-7.4%4 bed House
51 Boomerang Street$950,000$880,000-7.4%3 bed House
281 Mount View Rd$1,275,000$1,190,000-6.7%5 bed House
15 James Street$940,000$880,000-6.4%4 bed House
50 Lightfoot Street$850,000$800,000-5.9%3 bed House
5 Mayfield Street$1,025,000$975,000-4.9%4 bed House
41 Hickey Street$720,000$685,000-4.9%2 bed House
7 West Avenue$650,000$620,000-4.6%2 bed House
4 Robinia Way$880,000$840,000-4.5%4 bed House
344 Old Maitland Road$679,000$649,000-4.4%3 bed House
17A Long Street$650,000$625,000-3.8%3 bed House
8 Mcgrane Street$790,000$760,000-3.8%3 bed House
7 Long Street$649,000$625,000-3.7%2 bed House
17 Aberdare Road$880,000$850,000-3.4%4 bed House
28 Mills Crescent$629,000$609,000-3.2%2 bed House
9 McFarlane Street$630,000$610,000-3.2%3 bed House
12 Marlton Street$790,000$765,000-3.2%3 bed House
2 Lindsay Street$680,000$660,000-2.9%3 bed House
7 Mills Crescent$780,000$760,000-2.6%3 bed House
36A Bridge Street$749,000$730,000-2.5%3 bed House
307 Maitland Road$850,000$829,000-2.5%3 bed House
48 Tempranillo Cres$849,000$829,000-2.4%4 bed House
25 Barrett Avenue$650,000$640,000-1.5%2 bed House
6 Love Street$760,000$749,000-1.4%4 bed House
2 David Street$795,000$785,000-1.3%3 bed House
9 Edith Street$935,000$925,000-1.1%4 bed House
3/8 Sports Avenue$575,000$570,000-0.9%2 bed Apartment

Suburb profile

Cessnock market data

Median prices, rents, growth and vacancy for Cessnock.

Sold prices

Recent sales in Cessnock

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 Cessnock: common questions

How many properties in Cessnock have had a price drop?

30 listings for sale in Cessnock NSW 2325 are currently advertised below an earlier asking price, 36% of the 84 listings on the market. 24 of those cuts were recorded in the last 30 days and 30 in the last 90.

How much are Cessnock sellers cutting their prices by?

The median cut is 3.7%, or $28K, measured from the previous advertised asking price to the current one on each listing.

How long are Cessnock 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 30 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.