Price drops in Lakemba
Listings for sale in Lakemba, NSW 2195 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
15
30% of 50 live listings
Median cut
3.6%
$30K off the asking price
Days listed before cut
55
median, first listed to latest cut
Cuts, last 30 / 90 days
9 / 12
3 listings have raised instead
Lakemba price-drop summary
15 listings in Lakemba (30% of the 50 on the market) are advertised below an earlier asking price. The typical reduction is 3.6%, about $30K. Apartment listings account for 12 of them, with a median cut of 3.7%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 12 | 3.7% |
| House | 3 | 2.3% |
Largest current cuts in Lakemba
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 7/42 Colin Street | $450,000 | $395,000 | -12.2% | 1 bed Apartment | |
| 21/602 Punchbowl Road | $529,000 | $489,950 | -7.4% | 2 bed Apartment | |
| 2/175 Haldon Street | $580,000 | $540,000 | -6.9% | 2 bed Apartment | |
| 2/108 Ernest Street | $460,000 | $429,000 | -6.7% | 2 bed Apartment | |
| 5/60 MacDonald Street | $529,950 | $499,950 | -5.7% | 2 bed Apartment | |
| 5/61 Colin Street | $529,000 | $509,000 | -3.8% | 2 bed Apartment | |
| 4/72 Dennis Street | $549,000 | $529,000 | -3.6% | 2 bed Apartment | |
| 4/26 Barremma Road | $549,000 | $529,000 | -3.6% | 2 bed Apartment | |
| 1 Grace Avenue | $1,649,000 | $1,599,000 | -3.0% | 4 bed House | |
| 534 Punchbowl Road | $1,279,000 | $1,249,000 | -2.3% | 3 bed House | |
| 19/602-604 Punchbowl Road | $540,000 | $530,000 | -1.9% | 2 bed Apartment | |
| 129 Moreton Street | $1,725,000 | $1,695,000 | -1.7% | 3 bed House | |
| 3/20 Hampden Road | $579,000 | $570,000 | -1.6% | 2 bed Apartment | |
| 3/22 Fairmount Street | $799,000 | $790,000 | -1.1% | 3 bed Apartment | |
| 11/65 MacDonald Street | $580,000 | $575,000 | -0.9% | 2 bed Apartment |
Suburb profile
Lakemba market data
Median prices, rents, growth and vacancy for Lakemba.
Sold prices
Recent sales in Lakemba
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 Lakemba: common questions
How many properties in Lakemba have had a price drop?
15 listings for sale in Lakemba NSW 2195 are currently advertised below an earlier asking price, 30% of the 50 listings on the market. 9 of those cuts were recorded in the last 30 days and 12 in the last 90.
How much are Lakemba sellers cutting their prices by?
The median cut is 3.6%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Lakemba listings on the market before the price drops?
A median of 55 days from when the listing first appeared to its latest price cut, across 15 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.