Price drops in South Launceston
Listings for sale in South Launceston, TAS 7249 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
6
26% of 23 live listings
Median cut
5.3%
$48K off the asking price
Days listed before cut
28
median, first listed to latest cut
Cuts, last 30 / 90 days
5 / 6
no current price rises
South Launceston price-drop summary
6 listings in South Launceston (26% of the 23 on the market) are advertised below an earlier asking price. The typical reduction is 5.3%, about $48K.
Largest current cuts in South Launceston
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 5 Keane Street | $699,000 | $649,000 | -7.2% | 3 bed House | |
| 123 Talbot Road | $799,000 | $749,000 | -6.3% | 4 bed House | |
| 59 Talbot Road | $849,000 | $799,000 | -5.9% | 4 bed House | |
| 73 Normanstone Road | $995,000 | $949,000 | -4.6% | 4 bed House | |
| 9 Legana Street | $725,000 | $695,000 | -4.1% | 4 bed House | |
| 92 Talbot Road | $670,000 | $650,000 | -3.0% | 3 bed House |
Suburb profile
South Launceston market data
Median prices, rents, growth and vacancy for South Launceston.
Sold prices
Recent sales in South Launceston
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 South Launceston: common questions
How many properties in South Launceston have had a price drop?
6 listings for sale in South Launceston TAS 7249 are currently advertised below an earlier asking price, 26% of the 23 listings on the market. 5 of those cuts were recorded in the last 30 days and 6 in the last 90.
How much are South Launceston sellers cutting their prices by?
The median cut is 5.3%, or $48K, measured from the previous advertised asking price to the current one on each listing.
How long are South Launceston listings on the market before the price drops?
A median of 28 days from when the listing first appeared to its latest price cut, across 6 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.