Price drops in Lake Munmorah
Listings for sale in Lake Munmorah, NSW 2259 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
9
18% of 50 live listings
Median cut
5.5%
$35K off the asking price
Days listed before cut
59
median, first listed to latest cut
Cuts, last 30 / 90 days
7 / 9
2 listings have raised instead
Lake Munmorah price-drop summary
9 listings in Lake Munmorah (18% of the 50 on the market) are advertised below an earlier asking price. The typical reduction is 5.5%, about $35K. House listings account for 5 of them, with a median cut of 5.5%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 5 | 5.5% |
| Apartment | 3 | 6.9% |
| Retirement | 1 | 2.4% |
Largest current cuts in Lake Munmorah
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 4 Pulaski Court | $770,000 | $700,000 | -9.1% | 3 bed House | |
| 30/51 Kamilaroo Avenue | $330,000 | $300,000 | -9.1% | 2 bed Apartment | |
| 4 Spinnaker Place | $1,240,000 | $1,150,000 | -7.3% | 4 bed House | |
| 19/750 Pacific Highway | $350,000 | $326,000 | -6.9% | 2 bed Apartment | |
| 29 Mercator Close | $1,375,000 | $1,300,000 | -5.5% | 4 bed House | |
| 61 Terence Avenue | $990,000 | $945,000 | -4.5% | 3 bed House | |
| 9 Franklin Drive | $800,000 | $765,000 | -4.4% | 4 bed House | |
| 101/51 Kamilaroo Avenue | $359,000 | $349,000 | -2.8% | 1 bed Apartment | |
| 12/51 Kamilaroo | $420,000 | $410,000 | -2.4% | 2 bed Retirement |
Suburb profile
Lake Munmorah market data
Median prices, rents, growth and vacancy for Lake Munmorah.
Sold prices
Recent sales in Lake Munmorah
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 Munmorah: common questions
How many properties in Lake Munmorah have had a price drop?
9 listings for sale in Lake Munmorah NSW 2259 are currently advertised below an earlier asking price, 18% of the 50 listings on the market. 7 of those cuts were recorded in the last 30 days and 9 in the last 90.
How much are Lake Munmorah sellers cutting their prices by?
The median cut is 5.5%, or $35K, measured from the previous advertised asking price to the current one on each listing.
How long are Lake Munmorah listings on the market before the price drops?
A median of 59 days from when the listing first appeared to its latest price cut, across 9 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.