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Price drops in Newcastle West

Listings for sale in Newcastle West, NSW 2302 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

10

25% of 40 live listings

Median cut

3.0%

$30K off the asking price

Days listed before cut

59

median, first listed to latest cut

Cuts, last 30 / 90 days

8 / 10

2 listings have raised instead

Newcastle West price-drop summary

10 listings in Newcastle West (25% of the 40 on the market) are advertised below an earlier asking price. The typical reduction is 3.0%, about $30K. Apartment listings account for 9 of them, with a median cut of 2.6%. Going the other way, 2 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment92.6%
House16.1%

Largest current cuts in Newcastle West

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

AddressPrevious askingNow askingCutCut onProperty
63/575 Hunter Street$550,000$490,000-10.9%1 bed Apartment
1303/770 Hunter Street$1,275,000$1,195,000-6.3%3 bed Apartment
854 Hunter Street$1,799,000$1,690,000-6.1%4 bed House
209/5 Tudor Street$660,000$630,000-4.5%2 bed Apartment
120/569 Hunter Street$570,000$550,000-3.5%2 bed Apartment
1202/11 National Park Street$1,935,000$1,885,000-2.6%3 bed Apartment
1303/466 King Street$1,325,000$1,295,000-2.3%3 bed Apartment
201/464 King Street$715,000$699,000-2.2%1 bed Apartment
501/464 King Street$699,000$689,000-1.4%1 bed Apartment
411/15 National Park Street$1,415,000$1,400,000-1.1%2 bed Apartment

Suburb profile

Newcastle West market data

Median prices, rents, growth and vacancy for Newcastle West.

Sold prices

Recent sales in Newcastle West

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 West: common questions

How many properties in Newcastle West have had a price drop?

10 listings for sale in Newcastle West NSW 2302 are currently advertised below an earlier asking price, 25% of the 40 listings on the market. 8 of those cuts were recorded in the last 30 days and 10 in the last 90.

How much are Newcastle West sellers cutting their prices by?

The median cut is 3.0%, or $30K, measured from the previous advertised asking price to the current one on each listing.

How long are Newcastle West 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 10 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.