Price drops in Neutral Bay
Listings for sale in Neutral Bay, NSW 2089 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
11
19% of 59 live listings
Median cut
7.3%
$150K off the asking price
Days listed before cut
46
median, first listed to latest cut
Cuts, last 30 / 90 days
6 / 6
3 listings have raised instead
Neutral Bay price-drop summary
11 listings in Neutral Bay (19% of the 59 on the market) are advertised below an earlier asking price. The typical reduction is 7.3%, about $150K. Apartment listings account for 10 of them, with a median cut of 6.7%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 10 | 6.7% |
| Townhouse | 1 | 8.6% |
Largest current cuts in Neutral Bay
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 5/48 Ben Boyd Road | $1,300,000 | $1,150,000 | -11.5% | 2 bed Apartment | |
| 4/15 Anderson Street | $1,950,000 | $1,750,000 | -10.3% | 2 bed Apartment | |
| 106/12 Waters Road | $4,400,000 | $4,000,000 | -9.1% | 3 bed Apartment | |
| 3/132 Military Road | $1,750,000 | $1,600,000 | -8.6% | 2 bed Townhouse | |
| 130/260 Military Road | $525,000 | $480,000 | -8.6% | 1 bed Apartment | |
| 14/59 Lower Bent Street | $820,000 | $760,000 | -7.3% | 1 bed Apartment | |
| 202/9 Waters Lane | $2,500,000 | $2,350,000 | -6.0% | 2 bed Apartment | |
| 404/12 Waters Road | $6,950,000 | $6,550,000 | -5.8% | 3 bed Apartment | |
| 401/9 Waters Lane | $3,900,000 | $3,700,000 | -5.1% | 3 bed Apartment | |
| 206/19-21 Grosvenor Street | $2,500,000 | $2,400,000 | -4.0% | 3 bed Apartment | |
| 4/50 Ben Boyd Road | $1,060,000 | $1,020,000 | -3.8% | 2 bed Apartment |
Suburb profile
Neutral Bay market data
Median prices, rents, growth and vacancy for Neutral Bay.
Sold prices
Recent sales in Neutral 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 Neutral Bay: common questions
How many properties in Neutral Bay have had a price drop?
11 listings for sale in Neutral Bay NSW 2089 are currently advertised below an earlier asking price, 19% of the 59 listings on the market. 6 of those cuts were recorded in the last 30 days and 6 in the last 90.
How much are Neutral Bay sellers cutting their prices by?
The median cut is 7.3%, or $150K, measured from the previous advertised asking price to the current one on each listing.
How long are Neutral Bay listings on the market before the price drops?
A median of 46 days from when the listing first appeared to its latest price cut, across 11 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.