Price drops in Merewether
Listings for sale in Merewether, NSW 2291 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
17
30% of 57 live listings
Median cut
4.8%
$100K off the asking price
Days listed before cut
59
median, first listed to latest cut
Cuts, last 30 / 90 days
16 / 17
no current price rises
Merewether price-drop summary
17 listings in Merewether (30% of the 57 on the market) are advertised below an earlier asking price. The typical reduction is 4.8%, about $100K. House listings account for 13 of them, with a median cut of 5.2%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 13 | 5.2% |
| Apartment | 3 | 4.3% |
| Townhouse | 1 | 1.6% |
Largest current cuts in Merewether
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 30 Flowerdale Avenue | $1,650,000 | $1,450,000 | -12.1% | 3 bed House | |
| 67 Frederick Street | $4,600,000 | $4,200,000 | -8.7% | 5 bed House | |
| 41 Helen Street | $3,150,000 | $2,950,000 | -6.3% | 4 bed House | |
| 10 Robert Street | $1,790,000 | $1,690,000 | -5.6% | 3 bed House | |
| 14 Frederick Street | $3,700,000 | $3,500,000 | -5.4% | 4 bed House | |
| 2 Hickson Street | $3,800,000 | $3,600,000 | -5.3% | 3 bed House | |
| 2/42 Morgan Street | $575,000 | $545,000 | -5.2% | 1 bed Apartment | |
| 96 Macquarie Street | $2,900,000 | $2,750,000 | -5.2% | 4 bed House | |
| 172 Merewether Street | $6,200,000 | $5,900,000 | -4.8% | 5 bed House | |
| 122 Janet Street | $1,700,000 | $1,625,000 | -4.4% | 3 bed House | |
| 1/28 Railway Street | $575,000 | $550,000 | -4.3% | 1 bed Apartment | |
| 3/138-140 Morgan Street | $830,000 | $795,000 | -4.2% | 2 bed Apartment | |
| 401A Glebe Road | $990,000 | $950,000 | -4.0% | 3 bed House | |
| 11 Frederick Street | $3,500,000 | $3,400,000 | -2.9% | 4 bed House | |
| 22 Coane Street | $3,800,000 | $3,700,000 | -2.6% | 4 bed House | |
| 19 Watkins Street | $2,490,000 | $2,450,000 | -1.6% | 3 bed Townhouse | |
| 29 Scenic Drive | $2,500,000 | $2,480,000 | -0.8% | 3 bed House |
Suburb profile
Merewether market data
Median prices, rents, growth and vacancy for Merewether.
Sold prices
Recent sales in Merewether
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 Merewether: common questions
How many properties in Merewether have had a price drop?
17 listings for sale in Merewether NSW 2291 are currently advertised below an earlier asking price, 30% of the 57 listings on the market. 16 of those cuts were recorded in the last 30 days and 17 in the last 90.
How much are Merewether sellers cutting their prices by?
The median cut is 4.8%, or $100K, measured from the previous advertised asking price to the current one on each listing.
How long are Merewether 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 17 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.