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Price drops in Ultimo

Listings for sale in Ultimo, NSW 2007 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

13

19% of 68 live listings

Median cut

5.4%

$25K off the asking price

Days listed before cut

89

median, first listed to latest cut

Cuts, last 30 / 90 days

10 / 11

2 listings have raised instead

Ultimo price-drop summary

13 listings in Ultimo (19% of the 68 on the market) are advertised below an earlier asking price. The typical reduction is 5.4%, about $25K. Going the other way, 2 listings have raised the asking price.

Largest current cuts in Ultimo

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

AddressPrevious askingNow askingCutCut onProperty
2104/185 Broadway$190,000$169,000-11.1%1 bed Apartment
301/521 Harris Street$2,500,000$2,250,000-10.0%3 bed Apartment
2012/185-211 Broadway$200,000$182,000-9.0%1 bed Apartment
C307/276 Bulwara Road$1,450,000$1,350,000-6.9%2 bed Apartment
707/280 Bulwara Road$1,650,000$1,550,000-6.1%2 bed Apartment
96/344 Bulwara Road$900,000$850,000-5.6%2 bed Apartment
1402/58 Mountain Street$1,680,000$1,590,000-5.4%3 bed Apartment
515/349-357 Bulwara Rd$620,000$595,000-4.0%1 bed Apartment
3078/185-211 Broadway$250,000$240,000-4.0%1 bed Apartment
2138/185-211 Broadway$260,000$250,000-3.8%2 bed Apartment
13/333 Bulwara Road$1,025,000$990,000-3.4%2 bed Apartment
3107/185-211 Broadway$165,000$160,000-3.0%1 bed Apartment
166/267-319 Bulwara Street$955,000$945,000-1.0%2 bed Apartment

Suburb profile

Ultimo market data

Median prices, rents, growth and vacancy for Ultimo.

Sold prices

Recent sales in Ultimo

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 Ultimo: common questions

How many properties in Ultimo have had a price drop?

13 listings for sale in Ultimo NSW 2007 are currently advertised below an earlier asking price, 19% of the 68 listings on the market. 10 of those cuts were recorded in the last 30 days and 11 in the last 90.

How much are Ultimo sellers cutting their prices by?

The median cut is 5.4%, or $25K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 89 days from when the listing first appeared to its latest price cut, across 13 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.