Price drops in Sydney
Listings for sale in Sydney, NSW 2000 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
51
17% of 300 live listings
Median cut
4.2%
$50K off the asking price
Days listed before cut
93
median, first listed to latest cut
Cuts, last 30 / 90 days
37 / 41
3 listings have raised instead
Sydney price-drop summary
51 listings in Sydney (17% of the 300 on the market) are advertised below an earlier asking price. The typical reduction is 4.2%, about $50K. Going the other way, 3 listings have raised the asking price.
Largest current cuts in Sydney
The 30 biggest of 51, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1501/130 Elizabeth Street | $3,000,000 | $2,600,000 | -13.3% | 2 bed Apartment | |
| 3203/148 Elizabeth Street | $3,300,000 | $2,950,000 | -10.6% | 4 bed Apartment | |
| 3011/91-95 LIVERPOOL STREET | $950,000 | $850,000 | -10.5% | 1 bed Apartment | |
| 15D/161 Kent Street | $2,900,000 | $2,600,000 | -10.3% | 2 bed Apartment | |
| 708/2 York Street | $1,650,000 | $1,490,000 | -9.7% | 2 bed Apartment | |
| 2603/197-199 Castlereagh Street | $1,550,000 | $1,400,000 | -9.7% | 2 bed Apartment | |
| 2602/591 George Street | $1,150,000 | $1,050,000 | -8.7% | 2 bed Apartment | |
| 804/1 Hosking Place | $585,000 | $535,000 | -8.5% | Apartment | |
| 1206/161 Clarence Street | $2,380,000 | $2,180,000 | -8.4% | 3 bed Apartment | |
| 2002/11 Alberta Street | $1,280,000 | $1,180,000 | -7.8% | 2 bed Apartment | |
| 708/743-755 George Street | $920,000 | $850,000 | -7.6% | 2 bed Apartment | |
| 2207/127 Kent Street | $4,750,000 | $4,400,000 | -7.4% | 2 bed Apartment | |
| 520/187 Kent Street | $625,000 | $580,000 | -7.2% | Apartment | |
| 113/267 Castlereagh Street | $1,400,000 | $1,300,000 | -7.1% | 2 bed Apartment | |
| 2702/91 Liverpool Street | $800,000 | $750,000 | -6.3% | 1 bed Apartment | |
| 214/27 Park Street | $995,000 | $935,000 | -6.0% | 2 bed Apartment | |
| 705/38 Hickson Road | $2,700,000 | $2,550,000 | -5.6% | 3 bed Apartment | |
| 1102/60 Bathurst Street | $900,000 | $850,000 | -5.6% | 1 bed Apartment | |
| 1905/117 Bathurst Street | $730,000 | $690,000 | -5.5% | 1 bed Apartment | |
| 607/2 York Street | $925,000 | $875,000 | -5.4% | 1 bed Apartment | |
| 4312/93 Liverpool Street | $1,690,000 | $1,600,000 | -5.3% | 2 bed Apartment | |
| 23/44 Bridge Street | $1,425,000 | $1,350,000 | -5.3% | 1 bed Apartment | |
| 302/361 Sussex Street | $580,000 | $550,000 | -5.2% | 1 bed Apartment | |
| 172/298-304 Sussex Street | $580,000 | $550,000 | -5.2% | Apartment | |
| 2502/101 Bathurst Street | $2,100,000 | $2,000,000 | -4.8% | 2 bed Apartment | |
| 252/298-304 Sussex Street | $600,000 | $575,000 | -4.2% | 1 bed Apartment | |
| 1705/117 Bathurst Street | $799,000 | $769,000 | -3.8% | Apartment | |
| 503/6 Loftus Street | $2,700,000 | $2,600,000 | -3.7% | 2 bed Apartment | |
| 316/298 Sussex Street | $720,000 | $695,000 | -3.5% | 1 bed Apartment | |
| 122/361-363 KENT STREET | $1,450,000 | $1,400,000 | -3.4% | 3 bed Apartment |
Suburb profile
Sydney market data
Median prices, rents, growth and vacancy for Sydney.
Sold prices
Recent sales in Sydney
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 Sydney: common questions
How many properties in Sydney have had a price drop?
51 listings for sale in Sydney NSW 2000 are currently advertised below an earlier asking price, 17% of the 300 listings on the market. 37 of those cuts were recorded in the last 30 days and 41 in the last 90.
How much are Sydney sellers cutting their prices by?
The median cut is 4.2%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are Sydney listings on the market before the price drops?
A median of 93 days from when the listing first appeared to its latest price cut, across 51 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.