Price drops in West Lakes
Listings for sale in West Lakes, SA 5021 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
8
24% of 33 live listings
Median cut
5.1%
$50K off the asking price
Days listed before cut
55
median, first listed to latest cut
Cuts, last 30 / 90 days
8 / 8
no current price rises
West Lakes price-drop summary
8 listings in West Lakes (24% of the 33 on the market) are advertised below an earlier asking price. The typical reduction is 5.1%, about $50K. House listings account for 4 of them, with a median cut of 5.0%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 4 | 5.0% |
| Apartment | 3 | 5.8% |
| Townhouse | 1 | 1.0% |
Largest current cuts in West Lakes
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 305/55 Phillips Street | $685,000 | $600,000 | -12.4% | 1 bed Apartment | |
| 29 Blue Sails Ct | $2,800,000 | $2,550,000 | -8.9% | 5 bed House | |
| 52 Norman Road | $795,000 | $745,000 | -6.3% | 2 bed House | |
| 11/2 Island Drive | $860,000 | $810,000 | -5.8% | 2 bed Apartment | |
| G2/2 Troubridge Drive | $675,000 | $645,000 | -4.4% | 1 bed Apartment | |
| 9 Anthea Court | $1,349,000 | $1,299,000 | -3.7% | 3 bed House | |
| 32 Beeston Way | $2,000,000 | $1,950,000 | -2.5% | 4 bed House | |
| 56 Norman Road | $859,000 | $850,000 | -1.0% | 3 bed Townhouse |
Suburb profile
West Lakes market data
Median prices, rents, growth and vacancy for West Lakes.
Sold prices
Recent sales in West Lakes
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 West Lakes: common questions
How many properties in West Lakes have had a price drop?
8 listings for sale in West Lakes SA 5021 are currently advertised below an earlier asking price, 24% of the 33 listings on the market. 8 of those cuts were recorded in the last 30 days and 8 in the last 90.
How much are West Lakes sellers cutting their prices by?
The median cut is 5.1%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are West Lakes listings on the market before the price drops?
A median of 55 days from when the listing first appeared to its latest price cut, across 8 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.