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Price drops in Nelson Bay

Listings for sale in Nelson Bay, NSW 2315 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

15

16% of 96 live listings

Median cut

4.4%

$26K off the asking price

Days listed before cut

84

median, first listed to latest cut

Cuts, last 30 / 90 days

9 / 15

3 listings have raised instead

Nelson Bay price-drop summary

15 listings in Nelson Bay (16% of the 96 on the market) are advertised below an earlier asking price. The typical reduction is 4.4%, about $26K. Apartment listings account for 11 of them, with a median cut of 3.4%. Going the other way, 3 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment113.4%
House38.7%
Duplex+Semi Detached14.2%

Largest current cuts in Nelson Bay

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

AddressPrevious askingNow askingCutCut onProperty
29 Donald Street$1,650,000$1,350,000-18.2%4 bed House
81/1a Tomaree Street$725,000$660,000-9.0%2 bed Apartment
88 Government Road$2,300,000$2,100,000-8.7%3 bed House
7/11 Catalina Close$750,000$690,000-8.0%2 bed Apartment
44 Fingal Street$1,391,250$1,300,000-6.6%4 bed House
504/61 Dowling Street$525,000$499,000-5.0%2 bed Apartment
515/61b Dowling Street$499,000$475,000-4.8%2 bed Apartment
37/19 Church Street$585,000$559,000-4.4%2 bed Apartment
10 Alida Close$929,000$890,000-4.2%4 bed Duplex+Semi Detached
5/12 Magnus Street$880,000$850,000-3.4%1 bed Apartment
1/94 Magnus Street$595,000$575,000-3.4%2 bed Apartment
106/1A Tomaree Street$775,000$755,000-2.6%3 bed Apartment
4/2-4 Intrepid Close$625,000$610,000-2.4%2 bed Apartment
507/61b Dowling Street$489,000$479,000-2.0%2 bed Apartment
Unit 507/61b Dowling Street$489,000$479,000-2.0%2 bed Apartment

Suburb profile

Nelson Bay market data

Median prices, rents, growth and vacancy for Nelson Bay.

Sold prices

Recent sales in Nelson Bay

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 Nelson Bay: common questions

How many properties in Nelson Bay have had a price drop?

15 listings for sale in Nelson Bay NSW 2315 are currently advertised below an earlier asking price, 16% of the 96 listings on the market. 9 of those cuts were recorded in the last 30 days and 15 in the last 90.

How much are Nelson Bay sellers cutting their prices by?

The median cut is 4.4%, or $26K, measured from the previous advertised asking price to the current one on each listing.

How long are Nelson Bay listings on the market before the price drops?

A median of 84 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.