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Price drops in Georgetown

Listings for sale in Georgetown, NSW 2298 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

6

55% of 11 live listings

Median cut

2.1%

$25K off the asking price

Days listed before cut

44

median, first listed to latest cut

Cuts, last 30 / 90 days

5 / 6

no current price rises

Georgetown price-drop summary

6 listings in Georgetown (55% of the 11 on the market) are advertised below an earlier asking price. The typical reduction is 2.1%, about $25K. House listings account for 5 of them, with a median cut of 2.6%.

Cuts by property type

TypeListings reducedMedian cut
House52.6%
Apartment11.0%

Largest current cuts in Georgetown

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

AddressPrevious askingNow askingCutCut onProperty
1 Edward Street$980,000$900,000-8.2%2 bed House
8 Shelley Street$980,000$945,000-3.6%3 bed House
64 Sparke Street$1,170,000$1,140,000-2.6%3 bed House
17 Asher Street$1,300,000$1,280,000-1.5%3 bed House
306/42 Georgetown Road$960,000$950,000-1.0%2 bed Apartment
5 Turner Street$1,400,000$1,395,000-0.4%5 bed House

Suburb profile

Georgetown market data

Median prices, rents, growth and vacancy for Georgetown.

Sold prices

Recent sales in Georgetown

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 Georgetown: common questions

How many properties in Georgetown have had a price drop?

6 listings for sale in Georgetown NSW 2298 are currently advertised below an earlier asking price, 55% of the 11 listings on the market. 5 of those cuts were recorded in the last 30 days and 6 in the last 90.

How much are Georgetown sellers cutting their prices by?

The median cut is 2.1%, or $25K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 44 days from when the listing first appeared to its latest price cut, across 6 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.