Price drops in Wembley
Listings for sale in Wembley, WA 6014 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
7
13% of 56 live listings
Median cut
3.6%
$25K off the asking price
Days listed before cut
50
median, first listed to latest cut
Cuts, last 30 / 90 days
7 / 7
2 listings have raised instead
Wembley price-drop summary
7 listings in Wembley (13% of the 56 on the market) are advertised below an earlier asking price. The typical reduction is 3.6%, about $25K. Apartment listings account for 6 of them, with a median cut of 2.9%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 6 | 2.9% |
| Villa | 1 | 5.2% |
Largest current cuts in Wembley
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 208/365 Cambridge Street | $500,000 | $460,000 | -8.0% | 1 bed Apartment | |
| 33A/49 Herdsman Parade | $475,000 | $450,000 | -5.3% | 2 bed Apartment | |
| 1/170 Salvado Road | $865,000 | $820,000 | -5.2% | 3 bed Villa | |
| 18/48 Moondine Drive | $725,000 | $699,000 | -3.6% | 3 bed Apartment | |
| 111C/25 Herdsman Parade | $500,000 | $489,000 | -2.2% | 2 bed Apartment | |
| 56/1 Herdsman Parade | $499,000 | $490,000 | -1.8% | 2 bed Apartment | |
| 10/303 Cambridge Street | $500,000 | $495,000 | -1.0% | 1 bed Apartment |
Suburb profile
Wembley market data
Median prices, rents, growth and vacancy for Wembley.
Sold prices
Recent sales in Wembley
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 Wembley: common questions
How many properties in Wembley have had a price drop?
7 listings for sale in Wembley WA 6014 are currently advertised below an earlier asking price, 13% of the 56 listings on the market. 7 of those cuts were recorded in the last 30 days and 7 in the last 90.
How much are Wembley sellers cutting their prices by?
The median cut is 3.6%, or $25K, measured from the previous advertised asking price to the current one on each listing.
How long are Wembley listings on the market before the price drops?
A median of 50 days from when the listing first appeared to its latest price cut, across 7 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.