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Price drops in Petersham

Listings for sale in Petersham, NSW 2049 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

5

13% of 40 live listings

Median cut

4.4%

$60K off the asking price

Days listed before cut

53

median, first listed to latest cut

Cuts, last 30 / 90 days

3 / 4

no current price rises

Petersham price-drop summary

5 listings in Petersham (13% of the 40 on the market) are advertised below an earlier asking price. The typical reduction is 4.4%, about $60K. Apartment listings account for 4 of them, with a median cut of 8.2%.

Cuts by property type

TypeListings reducedMedian cut
Apartment48.2%
House12.4%

Largest current cuts in Petersham

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

AddressPrevious askingNow askingCutCut onProperty
G01/33 New Canterbury Road$1,050,000$900,000-14.3%2 bed Apartment
202/31-33 New Canterbury Road$1,250,000$1,100,000-12.0%2 bed Apartment
221/1 Phillip Street$365,000$349,000-4.4%Apartment
77 Morgan Street$2,450,000$2,390,000-2.4%4 bed House
2/111-115 New Canterbury Road$595,000$589,000-1.0%Apartment

Suburb profile

Petersham market data

Median prices, rents, growth and vacancy for Petersham.

Sold prices

Recent sales in Petersham

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 Petersham: common questions

How many properties in Petersham have had a price drop?

5 listings for sale in Petersham NSW 2049 are currently advertised below an earlier asking price, 13% of the 40 listings on the market. 3 of those cuts were recorded in the last 30 days and 4 in the last 90.

How much are Petersham sellers cutting their prices by?

The median cut is 4.4%, or $60K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 53 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.