Price drops in Penrith
Listings for sale in Penrith, NSW 2750 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
54
44% of 123 live listings
Median cut
3.5%
$30K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
47 / 53
3 listings have raised instead
Penrith price-drop summary
54 listings in Penrith (44% of the 123 on the market) are advertised below an earlier asking price. The typical reduction is 3.5%, about $30K. Apartment listings account for 24 of them, with a median cut of 3.2%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 24 | 3.2% |
| House | 14 | 4.3% |
| Townhouse | 9 | 2.4% |
| Duplex+Semi Detached | 3 | 13.2% |
| Other | 2 | 4.0% |
| Retirement | 1 | 3.4% |
| Villa | 1 | 4.7% |
Largest current cuts in Penrith
The 30 biggest of 54, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 2/89 Castlereagh Street | $1,025,000 | $800,000 | -22.0% | 4 bed Duplex+Semi Detached | |
| 2/77 Nepean Avenue | $3,400,000 | $2,950,000 | -13.2% | 4 bed Duplex+Semi Detached | |
| 3/152 Derby Street | $529,950 | $470,000 | -11.3% | 2 bed Apartment | |
| 54 Ceres Street | $1,150,000 | $1,045,000 | -9.1% | 4 bed House | |
| 147 DERBY STREET | $1,200,000 | $1,100,000 | -8.3% | 2 bed House | |
| 145 DERBY STREET | $1,200,000 | $1,100,000 | -8.3% | 4 bed House | |
| 807/81a Lord Sheffield Circuit | $490,000 | $450,000 | -8.2% | 1 bed Apartment | |
| 6 Illawong Avenue | $1,050,000 | $969,000 | -7.7% | 4 bed House | |
| 16/144-148 High Street | $649,950 | $599,950 | -7.7% | 2 bed Apartment | |
| 8/9-11 Haynes Street | $550,000 | $510,000 | -7.3% | 2 bed Apartment | |
| 306/10 Aviators Way | $515,000 | $480,000 | -6.8% | 1 bed Apartment | |
| 3/155 Derby Street | $749,000 | $699,000 | -6.7% | 3 bed Townhouse | |
| D125/10 Ransley Street | $799,000 | $749,000 | -6.3% | 2 bed Apartment | |
| 85-87 Lethbridge St | $1,850,000 | $1,750,000 | -5.4% | 4 bed House | |
| 2/6 Arakoon Avenue | $940,000 | $889,950 | -5.3% | 3 bed | |
| 38 Coreen Avenue | $1,029,000 | $979,000 | -4.9% | 3 bed House | |
| 808/81B Lord Sheffield Circuit | $630,000 | $600,000 | -4.8% | 2 bed Apartment | |
| 1/147 Stafford Street | $850,000 | $810,000 | -4.7% | 3 bed Villa | |
| 24 Sherwood Circuit | $900,000 | $859,000 | -4.6% | 3 bed House | |
| B408/10 Ransley Street | $660,000 | $630,000 | -4.5% | 1 bed Apartment | |
| 6/6-8 John Tipping Grove | $699,999 | $669,000 | -4.4% | 2 bed Apartment | |
| 1/82 Doonmore Street | $1,400,000 | $1,339,000 | -4.4% | 5 bed Duplex+Semi Detached | |
| 123 Jamison Road | $1,249,000 | $1,199,000 | -4.0% | 4 bed House | |
| 1/13 Lethbridge Street | $875,000 | $840,000 | -4.0% | 3 bed Townhouse | |
| 21/282-284 High Street | $760,000 | $730,000 | -3.9% | 3 bed Apartment | |
| 4/147 Stafford Street | $799,000 | $770,000 | -3.6% | 3 bed Townhouse | |
| 101/10A John Tipping Grove | $829,000 | $799,000 | -3.6% | 2 bed Apartment | |
| 1B Panorama RD | $1,500,000 | $1,449,000 | -3.4% | 5 bed Apartment | |
| 178/6-22 Tench Avenue | $559,000 | $540,000 | -3.4% | 2 bed Retirement | |
| 251/25-31 Hope Street | $819,000 | $795,000 | -2.9% | 3 bed Apartment |
Suburb profile
Penrith market data
Median prices, rents, growth and vacancy for Penrith.
Sold prices
Recent sales in Penrith
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 Penrith: common questions
How many properties in Penrith have had a price drop?
54 listings for sale in Penrith NSW 2750 are currently advertised below an earlier asking price, 44% of the 123 listings on the market. 47 of those cuts were recorded in the last 30 days and 53 in the last 90.
How much are Penrith sellers cutting their prices by?
The median cut is 3.5%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Penrith listings on the market before the price drops?
A median of 60 days from when the listing first appeared to its latest price cut, across 54 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.