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Price drops in South Penrith

Listings for sale in South 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

10

30% of 33 live listings

Median cut

4.9%

$55K off the asking price

Days listed before cut

51

median, first listed to latest cut

Cuts, last 30 / 90 days

10 / 10

1 listing has raised instead

South Penrith price-drop summary

10 listings in South Penrith (30% of the 33 on the market) are advertised below an earlier asking price. The typical reduction is 4.9%, about $55K. House listings account for 9 of them, with a median cut of 4.4%. Going the other way, 1 listing has raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House94.4%
Duplex+Semi Detached115.5%

Largest current cuts in South Penrith

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

AddressPrevious askingNow askingCutCut onProperty
2/83 Pindari Drive$1,300,000$1,098,000-15.5%4 bed Duplex+Semi Detached
7 Crowle Road$1,349,000$1,199,000-11.1%5 bed House
30 Carinda Drive$1,200,000$1,130,000-5.8%3 bed House
41 Jason Avenue$1,750,000$1,650,000-5.7%6 bed House
5 Diana Place$1,099,000$1,039,000-5.5%3 bed House
238 Smith Street$1,139,000$1,089,000-4.4%3 bed House
4 Cara Court$1,150,000$1,100,000-4.3%4 bed House
4 Bayley Road$988,000$948,000-4.0%3 bed House
6 Hobby Close$1,249,000$1,200,000-3.9%3 bed House
26 Christie Street$999,000$979,000-2.0%3 bed House

Suburb profile

South Penrith market data

Median prices, rents, growth and vacancy for South Penrith.

Sold prices

Recent sales in South 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 South Penrith: common questions

How many properties in South Penrith have had a price drop?

10 listings for sale in South Penrith NSW 2750 are currently advertised below an earlier asking price, 30% of the 33 listings on the market. 10 of those cuts were recorded in the last 30 days and 10 in the last 90.

How much are South Penrith sellers cutting their prices by?

The median cut is 4.9%, or $55K, measured from the previous advertised asking price to the current one on each listing.

How long are South Penrith listings on the market before the price drops?

A median of 51 days from when the listing first appeared to its latest price cut, across 10 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.