Price drops in Newtown
Listings for sale in Newtown, QLD 4350 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
21
32% of 65 live listings
Median cut
6.0%
$40K off the asking price
Days listed before cut
43
median, first listed to latest cut
Cuts, last 30 / 90 days
19 / 21
2 listings have raised instead
Newtown price-drop summary
21 listings in Newtown (32% of the 65 on the market) are advertised below an earlier asking price. The typical reduction is 6.0%, about $40K. House listings account for 13 of them, with a median cut of 6.7%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 13 | 6.7% |
| Apartment | 7 | 6.0% |
| Townhouse | 1 | 1.5% |
Largest current cuts in Newtown
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 30 Gordon Avenue | $729,000 | $649,000 | -11.0% | 3 bed House | |
| 39 Banksia Street | $839,000 | $749,000 | -10.7% | 4 bed House | |
| 277B James Street | $719,000 | $649,000 | -9.7% | 3 bed House | |
| 3/21 Gordon Avenue | $648,000 | $598,000 | -7.7% | 2 bed Apartment | |
| 19 Ethel Street | $700,000 | $650,000 | -7.1% | 3 bed House | |
| 12 Monash Lane | $745,000 | $695,000 | -6.7% | 3 bed House | |
| 40 Blue Gum Drive | $749,000 | $699,000 | -6.7% | 3 bed House | |
| 4 Wombyra Street | $749,000 | $699,000 | -6.7% | 3 bed House | |
| 12/24 Avondale Street | $695,000 | $650,000 | -6.5% | 3 bed Apartment | |
| 1/21 Gordon Avenue | $710,000 | $665,000 | -6.3% | 2 bed Apartment | |
| 2/72 Hursley Road | $580,000 | $545,000 | -6.0% | 2 bed Apartment | |
| 198 Jellicoe Street | $699,000 | $659,000 | -5.7% | 2 bed House | |
| 5/22 Wallace Street | $529,000 | $499,000 | -5.7% | 2 bed Apartment | |
| 38 Weetwood Street | $738,000 | $699,000 | -5.3% | 4 bed House | |
| 15 Whichello Street | $789,000 | $749,000 | -5.1% | 3 bed House | |
| 8/177A West Street | $499,000 | $475,000 | -4.8% | 2 bed Apartment | |
| 5 Eardley Street | $699,000 | $670,000 | -4.1% | 3 bed House | |
| 8A Hamilton Street | $749,000 | $729,000 | -2.7% | 3 bed House | |
| 5/14 Mirle Street | $489,000 | $479,000 | -2.0% | 2 bed Apartment | |
| 5/251 Herries Street | $649,000 | $639,000 | -1.5% | 3 bed Townhouse | |
| 24 Mcdowall Street | $695,000 | $685,000 | -1.4% | 4 bed House |
Suburb profile
Newtown market data
Median prices, rents, growth and vacancy for Newtown.
Sold prices
Recent sales in Newtown
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 Newtown: common questions
How many properties in Newtown have had a price drop?
21 listings for sale in Newtown QLD 4350 are currently advertised below an earlier asking price, 32% of the 65 listings on the market. 19 of those cuts were recorded in the last 30 days and 21 in the last 90.
How much are Newtown sellers cutting their prices by?
The median cut is 6.0%, or $40K, measured from the previous advertised asking price to the current one on each listing.
How long are Newtown listings on the market before the price drops?
A median of 43 days from when the listing first appeared to its latest price cut, across 21 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.