Price drops in Newcastle
Listings for sale in Newcastle, NSW 2300 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
20
25% of 79 live listings
Median cut
5.2%
$58K off the asking price
Days listed before cut
78
median, first listed to latest cut
Cuts, last 30 / 90 days
15 / 20
1 listing has raised instead
Newcastle price-drop summary
20 listings in Newcastle (25% of the 79 on the market) are advertised below an earlier asking price. The typical reduction is 5.2%, about $58K. Going the other way, 1 listing has raised the asking price.
Largest current cuts in Newcastle
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 206/111 Scott Street | $590,000 | $510,000 | -13.6% | 1 bed Apartment | |
| 2/47 Newcomen Street | $1,350,000 | $1,200,000 | -11.1% | 3 bed Apartment | |
| 203/15 Watt Street | $1,350,000 | $1,200,000 | -11.1% | 2 bed Apartment | |
| 5/22 Brown Street | $550,000 | $495,000 | -10.0% | 1 bed Apartment | |
| 105/569 Hunter Street | $410,000 | $375,000 | -8.5% | 1 bed Apartment | |
| 605/18 Wolfe Street | $1,300,000 | $1,200,000 | -7.7% | 2 bed Apartment | |
| 406/8 King Street | $880,000 | $820,000 | -6.8% | 2 bed Apartment | |
| 6/55 Hunter Street | $1,500,000 | $1,400,000 | -6.7% | 2 bed Apartment | |
| 202/18 Wolfe Street | $1,045,000 | $980,000 | -6.2% | 2 bed Apartment | |
| 707/9 Watt Street | $1,700,000 | $1,600,000 | -5.9% | 3 bed Apartment | |
| 16/75 King Street | $660,000 | $630,000 | -4.5% | 1 bed Apartment | |
| 101/122 Hunter Street | $495,000 | $475,000 | -4.0% | 1 bed Apartment | |
| 802/18 Wolfe Street | $1,350,000 | $1,300,000 | -3.7% | 2 bed Apartment | |
| 801/111 Scott Street | $3,750,000 | $3,625,000 | -3.3% | 4 bed Apartment | |
| 8/200-212 Hunter Street | $2,550,000 | $2,475,000 | -2.9% | 3 bed Apartment | |
| 201/123 King Street | $750,000 | $730,000 | -2.7% | 1 bed Apartment | |
| 16/575 Hunter Street | $459,900 | $448,000 | -2.6% | 1 bed Apartment | |
| 408/31 Honeysuckle Drive | $860,000 | $839,000 | -2.4% | 1 bed Apartment | |
| 104/122 Hunter Street | $500,000 | $490,000 | -2.0% | 1 bed Apartment | |
| 12/522-526 Hunter Street | $649,000 | $639,000 | -1.5% | 2 bed Apartment |
Suburb profile
Newcastle market data
Median prices, rents, growth and vacancy for Newcastle.
Sold prices
Recent sales in Newcastle
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 Newcastle: common questions
How many properties in Newcastle have had a price drop?
20 listings for sale in Newcastle NSW 2300 are currently advertised below an earlier asking price, 25% of the 79 listings on the market. 15 of those cuts were recorded in the last 30 days and 20 in the last 90.
How much are Newcastle sellers cutting their prices by?
The median cut is 5.2%, or $58K, measured from the previous advertised asking price to the current one on each listing.
How long are Newcastle listings on the market before the price drops?
A median of 78 days from when the listing first appeared to its latest price cut, across 20 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.