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Price drops in Sandy Bay

Listings for sale in Sandy Bay, TAS 7005 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

15

28% of 54 live listings

Median cut

5.5%

$100K off the asking price

Days listed before cut

60

median, first listed to latest cut

Cuts, last 30 / 90 days

9 / 12

2 listings have raised instead

Sandy Bay price-drop summary

15 listings in Sandy Bay (28% of the 54 on the market) are advertised below an earlier asking price. The typical reduction is 5.5%, about $100K. House listings account for 8 of them, with a median cut of 10.0%. Going the other way, 2 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House810.0%
Apartment35.5%
Townhouse24.3%
Duplex+Semi Detached15.5%
Villa15.5%

Largest current cuts in Sandy Bay

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

AddressPrevious askingNow askingCutCut onProperty
685 Sandy Bay Road$1,250,000$1,045,000-16.4%4 bed House
811 Sandy Bay Road$1,295,000$1,150,000-11.2%3 bed House
555 Sandy Bay Road$2,900,000$2,600,000-10.3%5 bed House
38 King Street$945,000$850,000-10.1%3 bed House
23 King Street$1,500,000$1,350,000-10.0%4 bed House
1/18 View Street$1,050,000$950,000-9.5%4 bed Apartment
3 Capri Drive$3,250,000$2,990,000-8.0%5 bed House
1/37 Waimea Avenue$740,000$699,000-5.5%2 bed Apartment
unit 2/15-17 Manresa Court$725,000$685,000-5.5%2 bed Villa
2/15-17 Manresa Court$725,000$685,000-5.5%2 bed Duplex+Semi Detached
5/28 Aotea Road$2,630,000$2,490,000-5.3%5 bed Townhouse
42 Fisher Avenue$1,900,000$1,800,000-5.3%4 bed House
2/65 York Street$1,150,000$1,095,000-4.8%3 bed Apartment
25 Fitzroy Place$2,500,000$2,390,000-4.4%7 bed House
7/9 Montgomery Court$750,000$725,000-3.3%2 bed Townhouse

Suburb profile

Sandy Bay market data

Median prices, rents, growth and vacancy for Sandy Bay.

Sold prices

Recent sales in Sandy Bay

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 Sandy Bay: common questions

How many properties in Sandy Bay have had a price drop?

15 listings for sale in Sandy Bay TAS 7005 are currently advertised below an earlier asking price, 28% of the 54 listings on the market. 9 of those cuts were recorded in the last 30 days and 12 in the last 90.

How much are Sandy Bay sellers cutting their prices by?

The median cut is 5.5%, or $100K, measured from the previous advertised asking price to the current one on each listing.

How long are Sandy Bay 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 15 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.