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Price drops in Perth

Listings for sale in Perth, WA 6000 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

31

13% of 239 live listings

Median cut

4.8%

$30K off the asking price

Days listed before cut

74

median, first listed to latest cut

Cuts, last 30 / 90 days

24 / 28

2 listings have raised instead

Perth price-drop summary

31 listings in Perth (13% of the 239 on the market) are advertised below an earlier asking price. The typical reduction is 4.8%, about $30K. Apartment listings account for 30 of them, with a median cut of 4.6%. Going the other way, 2 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment304.6%
House14.8%

Largest current cuts in Perth

The 30 biggest of 31, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
427/305 Murray Street$370,000$245,000-33.8%1 bed Apartment
13/290 Stirling Street$549,000$479,000-12.8%1 bed Apartment
7D/811 Hay Street$600,000$529,000-11.8%2 bed Apartment
93/15 Aberdeen Street$559,000$500,000-10.6%1 bed Apartment
808/11 Barrack Square$1,100,000$1,000,000-9.1%2 bed Apartment
1903/11 Barrack Square$1,500,000$1,375,000-8.3%2 bed Apartment
9/134 Mounts Bay Road$850,000$780,000-8.2%3 bed Apartment
122/996 Hay Street$650,000$599,000-7.8%2 bed Apartment
721/305 Murray St$279,000$259,000-7.2%1 bed Apartment
93/369 Hay Street$750,000$699,000-6.8%2 bed Apartment
64/262 Lord Street$749,000$699,000-6.7%2 bed Apartment
1i/811 Hay Street$689,000$649,000-5.8%2 bed Apartment
4/128 Mounts Bay Road$729,000$689,000-5.5%2 bed Apartment
15/67 Brewer Street$580,000$550,000-5.2%1 bed Apartment
4 Braid Street$2,100,000$1,999,000-4.8%4 bed House
10/71 Parry Street$629,000$599,000-4.8%2 bed Apartment
16/71 Brewer Street$680,000$650,000-4.4%2 bed Apartment
212/305 Murray Street$249,000$239,000-4.0%1 bed Apartment
414/305 Murray Street$249,000$239,000-4.0%1 bed Apartment
41/569 Wellington Street$599,000$575,000-4.0%1 bed Apartment
3/418-428 Murray Street$579,000$559,000-3.5%2 bed Apartment
905/237 Adelaide Terrace$775,000$749,000-3.4%2 bed Apartment
803/237 Adelaide Terrace$599,000$579,000-3.3%1 bed Apartment
28/474 Murray Street$749,000$725,000-3.2%2 bed Apartment
26/120 Lake St$649,000$629,000-3.1%2 bed Apartment
2/996 Hay Street$649,000$629,000-3.1%2 bed Apartment
77/580 Hay Street$679,000$659,000-2.9%1 bed Apartment
1905/237 Adelaide Tce$819,000$799,000-2.4%2 bed Apartment
6/188 Newcastle Street$659,000$649,000-1.5%2 bed Apartment
1011/80 Milligan Street$700,000$699,000-0.1%1 bed Apartment

Suburb profile

Perth market data

Median prices, rents, growth and vacancy for Perth.

Sold prices

Recent sales in Perth

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 Perth: common questions

How many properties in Perth have had a price drop?

31 listings for sale in Perth WA 6000 are currently advertised below an earlier asking price, 13% of the 239 listings on the market. 24 of those cuts were recorded in the last 30 days and 28 in the last 90.

How much are Perth sellers cutting their prices by?

The median cut is 4.8%, or $30K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 74 days from when the listing first appeared to its latest price cut, across 31 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.