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Price drops in City

Listings for sale in City, ACT 2601 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

32

30% of 108 live listings

Median cut

4.3%

$22K off the asking price

Days listed before cut

61

median, first listed to latest cut

Cuts, last 30 / 90 days

17 / 21

3 listings have raised instead

City price-drop summary

32 listings in City (30% of the 108 on the market) are advertised below an earlier asking price. The typical reduction is 4.3%, about $22K. Going the other way, 3 listings have raised the asking price.

Largest current cuts in City

The 30 biggest of 32, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
11/15 Coranderrk Street$470,000$400,000-14.9%1 bed Apartment
312/2 Akuna Street$240,000$210,000-12.5%Apartment
601/19 Marcus Clarke Street$888,000$800,000-9.9%2 bed Apartment
G10/19 Marcus Clarke Street$655,000$598,000-8.7%1 bed Apartment
43/260 City Walk$599,000$550,000-8.2%2 bed Apartment
1519/25 Edinburgh Avenue$1,950,000$1,795,000-7.9%3 bed Apartment
87/20 Allara Street$535,000$499,000-6.7%2 bed Apartment
1107/19 Marcus Clarke Street$949,000$889,000-6.3%2 bed Apartment
709/2 Akuna Street$340,000$320,000-5.9%1 bed Apartment
605/16 Moore St$699,000$659,000-5.7%2 bed Apartment
303/16 Moore Street$539,000$510,000-5.4%2 bed Apartment
7/2 Edinburgh Avenue$399,000$379,000-5.0%1 bed Apartment
151/15 Coranderrk Street$579,000$550,000-5.0%2 bed Apartment
207/2 Marcus Clarke Street$625,000$595,000-4.8%2 bed Apartment
217/2 Akuna Street$225,000$215,000-4.4%1 bed Apartment
405/2 Marcus Clarke Street$680,000$650,000-4.4%2 bed Apartment
42/3 London Circuit$469,000$449,000-4.3%1 bed Apartment
109/3 London Circuit$519,000$499,000-3.9%1 bed Apartment
1517/25 Edinburgh Avenue$795,000$765,000-3.8%2 bed Apartment
406/68 Allara Street$1,295,000$1,250,000-3.5%2 bed Apartment
722/240 Bunda Street$719,000$695,000-3.3%2 bed Apartment
88/15 Coranderrk Street$480,000$465,000-3.1%1 bed Apartment
103/20 Allara Street$649,000$629,000-3.1%2 bed Apartment
1504/240 Bunda Street$525,000$510,000-2.9%1 bed Apartment
515/25 Edinburgh Avenue$385,000$375,000-2.6%1 bed Apartment
604/2 Akuna Street$220,000$215,000-2.3%Apartment
98/20 Allara Street$449,000$439,000-2.2%1 bed Apartment
71/45 West Row$660,000$649,000-1.7%2 bed Apartment
68/45 West Row$635,000$625,000-1.6%2 bed Apartment
163/264 City Walk$659,000$649,000-1.5%2 bed Apartment

Suburb profile

City market data

Median prices, rents, growth and vacancy for City.

Sold prices

Recent sales in City

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 City: common questions

How many properties in City have had a price drop?

32 listings for sale in City ACT 2601 are currently advertised below an earlier asking price, 30% of the 108 listings on the market. 17 of those cuts were recorded in the last 30 days and 21 in the last 90.

How much are City sellers cutting their prices by?

The median cut is 4.3%, or $22K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 61 days from when the listing first appeared to its latest price cut, across 32 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.