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Price drops in Norwest

Listings for sale in Norwest, NSW 2153 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

13

19% of 67 live listings

Median cut

5.8%

$60K off the asking price

Days listed before cut

113

median, first listed to latest cut

Cuts, last 30 / 90 days

9 / 13

2 listings have raised instead

Norwest price-drop summary

13 listings in Norwest (19% of the 67 on the market) are advertised below an earlier asking price. The typical reduction is 5.8%, about $60K. Apartment listings account for 11 of them, with a median cut of 5.1%. Going the other way, 2 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment115.1%
House27.0%

Largest current cuts in Norwest

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

AddressPrevious askingNow askingCutCut onProperty
1112/21 Spurway Drive$1,385,000$1,210,000-12.6%2 bed Apartment
1908/11 Solent Circuit$2,000,000$1,750,000-12.5%3 bed Apartment
u701/40 Solent Circuit$850,000$750,000-11.8%1 bed Apartment
59/40-52 Barina Downs Road$580,000$530,000-8.6%1 bed Apartment
19 Stone Mason Drive$1,900,000$1,750,000-7.9%4 bed House
9 Durack Crest$1,620,000$1,520,000-6.2%4 bed House
Aire 323/9 Spurway Drive$1,375,000$1,295,000-5.8%2 bed Apartment
36A-36B/40-52 Barina Downs Rd$790,000$750,000-5.1%2 bed Apartment
618/100 Fairway Drive$895,000$860,000-3.9%2 bed Apartment
422/23 Spurway Drive$1,730,000$1,670,000-3.5%3 bed Apartment
c 716/100 Fairway Drive$880,000$850,000-3.4%2 bed Apartment
87/40-52 Barina Downs Road$850,000$825,000-2.9%2 bed Apartment
209/21 Spurway Drive$770,000$760,000-1.3%1 bed Apartment

Suburb profile

Norwest market data

Median prices, rents, growth and vacancy for Norwest.

Sold prices

Recent sales in Norwest

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 Norwest: common questions

How many properties in Norwest have had a price drop?

13 listings for sale in Norwest NSW 2153 are currently advertised below an earlier asking price, 19% of the 67 listings on the market. 9 of those cuts were recorded in the last 30 days and 13 in the last 90.

How much are Norwest sellers cutting their prices by?

The median cut is 5.8%, or $60K, measured from the previous advertised asking price to the current one on each listing.

How long are Norwest listings on the market before the price drops?

A median of 113 days from when the listing first appeared to its latest price cut, across 13 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.