Price drops in Lake Illawarra
Listings for sale in Lake Illawarra, NSW 2528 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
13
46% of 28 live listings
Median cut
5.0%
$50K off the asking price
Days listed before cut
63
median, first listed to latest cut
Cuts, last 30 / 90 days
9 / 13
1 listing has raised instead
Lake Illawarra price-drop summary
13 listings in Lake Illawarra (46% of the 28 on the market) are advertised below an earlier asking price. The typical reduction is 5.0%, about $50K. House listings account for 7 of them, with a median cut of 6.2%. Going the other way, 1 listing has raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 7 | 6.2% |
| Apartment | 4 | 4.7% |
| Townhouse | 2 | 6.0% |
Largest current cuts in Lake Illawarra
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 2 Gould Place | $1,250,000 | $1,100,000 | -12.0% | 4 bed House | |
| 154 Pur Pur Avenue | $1,250,000 | $1,150,000 | -8.0% | 3 bed House | |
| 3 Kotari Parade | $969,000 | $900,000 | -7.1% | 3 bed House | |
| 3/54 Thomas Street | $849,000 | $789,000 | -7.1% | 3 bed Townhouse | |
| 15/1-5 Whitfield Pl | $695,000 | $650,000 | -6.5% | 2 bed Apartment | |
| 67A Addison Avenue | $1,300,000 | $1,220,000 | -6.2% | 4 bed House | |
| 9 Elouera Street | $895,000 | $850,000 | -5.0% | 4 bed House | |
| 2/99 Reddall Parade | $999,000 | $949,000 | -5.0% | 4 bed Townhouse | |
| 13/1-5 Whitfield Place | $630,000 | $599,000 | -4.9% | 2 bed Apartment | |
| 2/39 Reddall Parade | $775,000 | $740,000 | -4.5% | 2 bed Apartment | |
| 175 Pur Pur Avenue | $1,350,000 | $1,295,000 | -4.1% | 5 bed House | |
| 4/46-48 Peterborough Avenue | $699,000 | $680,000 | -2.7% | 2 bed Apartment | |
| 35 Thomas Street | $870,000 | $849,000 | -2.4% | 3 bed House |
Suburb profile
Lake Illawarra market data
Median prices, rents, growth and vacancy for Lake Illawarra.
Sold prices
Recent sales in Lake Illawarra
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 Lake Illawarra: common questions
How many properties in Lake Illawarra have had a price drop?
13 listings for sale in Lake Illawarra NSW 2528 are currently advertised below an earlier asking price, 46% of the 28 listings on the market. 9 of those cuts were recorded in the last 30 days and 13 in the last 90.
How much are Lake Illawarra sellers cutting their prices by?
The median cut is 5.0%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are Lake Illawarra listings on the market before the price drops?
A median of 63 days from when the listing first appeared to its latest price cut, across 13 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.