Price drops in Newington
Listings for sale in Newington, NSW 2127 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
5
19% of 26 live listings
Median cut
2.6%
$20K off the asking price
Days listed before cut
7
median, first listed to latest cut
Cuts, last 30 / 90 days
5 / 5
3 listings have raised instead
Newington price-drop summary
5 listings in Newington (19% of the 26 on the market) are advertised below an earlier asking price. The typical reduction is 2.6%, about $20K. Apartment listings account for 3 of them, with a median cut of 2.6%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 3 | 2.6% |
| House | 2 | 3.8% |
Largest current cuts in Newington
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 21 Owens Avenue | $1,980,000 | $1,880,000 | -5.1% | 3 bed House | |
| 6/3 Mockridge Avenue | $770,000 | $750,000 | -2.6% | 2 bed Apartment | |
| 6/5 Owens Avenue | $770,000 | $750,000 | -2.6% | 2 bed Apartment | |
| 5 Heidelberg Avenue | $2,000,000 | $1,950,000 | -2.5% | 4 bed House | |
| 305/6 Latham Terrace | $830,000 | $820,000 | -1.2% | 2 bed Apartment |
Suburb profile
Newington market data
Median prices, rents, growth and vacancy for Newington.
Sold prices
Recent sales in Newington
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 Newington: common questions
How many properties in Newington have had a price drop?
5 listings for sale in Newington NSW 2127 are currently advertised below an earlier asking price, 19% of the 26 listings on the market. 5 of those cuts were recorded in the last 30 days and 5 in the last 90.
How much are Newington sellers cutting their prices by?
The median cut is 2.6%, or $20K, measured from the previous advertised asking price to the current one on each listing.
How long are Newington listings on the market before the price drops?
A median of 7 days from when the listing first appeared to its latest price cut, across 5 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.