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265 Avon Terrace, York WA 6302-$80K/12 Ramon Close, Yinnar VIC 3869-$75K/50 Hughes Street, Yeppoon QLD 4703-$100K/225 Deepdene Road, Yea VIC 3717-$100K/11/1 Mount Street, Yass NSW 2582-$71K/303 Macarthur Road, Yarroweyah VIC 3644-$135K/3/47 Nicol Street, Yarram VIC 3971-$70K/15/97 Smiths Beach Road, Yallingup WA 6282-$95K/24 Forest Street, Woodend VIC 3442-$100K/22 Linnet Street, Winmalee NSW 2777-$111K/32 Willis Street, Winchelsea, Vic 3241-$70K/14 Laver Street, West Gladstone, Qld 4680-$161K/1 Kellett Street, West Gladstone QLD 4680-$80K/62 Riverview Avenue, West Ballina NSW 2478-$100K/30/28 Chambers Flat Road, Waterford West QLD 4133-$120K/106 Beach Road, Wangi Wangi NSW 2267-$149K/61 Beach Road, Wangi Wangi NSW 2267-$180K/11A Reserve Road, Wangi Wangi NSW 2267-$130K/34 Donald Street, Wangaratta, Vic 3677-$70K/35 Sandalwood Street, Wangaratta VIC 3677-$74K/5 Herbert Street, Wandal, Qld 4700-$130K/94 Fairhaven Point Way, Wallaga Lake NSW 2546-$185K/45 Inlet View Road, Venus Bay VIC 3956-$70K/21 Andersons View Road, Venus Bay, Vic 3956-$95K/13 Crescent Street, Urunga NSW 2455-$200K/4160 Giinagay Way, Urunga NSW 2455-$220K/1501 Kyogle Road, Uki, NSW 2484-$185K/7 Old Convent Road, Uki NSW 2484-$150K/35 Trentham Road, Tylden VIC 3444-$135K/1/10 Wilson Street, Tuncurry NSW 2428-$70K/11/12 Taree Street, Tuncurry NSW 2428-$90K/6 Wilson Street, Tuncurry NSW 2428-$249K/7 Springfield Court, Traralgon VIC 3844-$130K/17A Tamar Avenue, Toukley NSW 2263-$150K/28 Murray Court, Tootgarook VIC 3941-$100K/5165 South Gippsland Highway, Toora VIC 3962-$250K/76 Jarvis Street, Thirlmere, NSW 2572-$109K/139 Brundah Road, Thirlmere NSW 2572-$400K/3 Rosella Place, Tewantin QLD 4565-$199K/73 Read Street, Tewantin QLD 4565-$150K/21 George Street, Tewantin QLD 4565-$175K/15 Ewing Street, Terang VIC 3264-$60K/22 Stevenson Street, Taree NSW 2430-$80K/26 Cornwall Street, Taree NSW 2430-$64K/97 Cornwall Street, Taree NSW 2430-$61K/3 Dale Street, Taree, NSW 2430-$65K/32 Goulburn Street, Tarago NSW 2580-$120K/198 Murray Street, Tanunda SA 5352-$120K/84-86 Bartle Road, Tamborine Mountain QLD 4272-$440K/5 Kurrajong Crescent, Tahmoor NSW 2573-$125K/265 Avon Terrace, York WA 6302-$80K/12 Ramon Close, Yinnar VIC 3869-$75K/50 Hughes Street, Yeppoon QLD 4703-$100K/225 Deepdene Road, Yea VIC 3717-$100K/11/1 Mount Street, Yass NSW 2582-$71K/303 Macarthur Road, Yarroweyah VIC 3644-$135K/3/47 Nicol Street, Yarram VIC 3971-$70K/15/97 Smiths Beach Road, Yallingup WA 6282-$95K/24 Forest Street, Woodend VIC 3442-$100K/22 Linnet Street, Winmalee NSW 2777-$111K/32 Willis Street, Winchelsea, Vic 3241-$70K/14 Laver Street, West Gladstone, Qld 4680-$161K/1 Kellett Street, West Gladstone QLD 4680-$80K/62 Riverview Avenue, West Ballina NSW 2478-$100K/30/28 Chambers Flat Road, Waterford West QLD 4133-$120K/106 Beach Road, Wangi Wangi NSW 2267-$149K/61 Beach Road, Wangi Wangi NSW 2267-$180K/11A Reserve Road, Wangi Wangi NSW 2267-$130K/34 Donald Street, Wangaratta, Vic 3677-$70K/35 Sandalwood Street, Wangaratta VIC 3677-$74K/5 Herbert Street, Wandal, Qld 4700-$130K/94 Fairhaven Point Way, Wallaga Lake NSW 2546-$185K/45 Inlet View Road, Venus Bay VIC 3956-$70K/21 Andersons View Road, Venus Bay, Vic 3956-$95K/13 Crescent Street, Urunga NSW 2455-$200K/4160 Giinagay Way, Urunga NSW 2455-$220K/1501 Kyogle Road, Uki, NSW 2484-$185K/7 Old Convent Road, Uki NSW 2484-$150K/35 Trentham Road, Tylden VIC 3444-$135K/1/10 Wilson Street, Tuncurry NSW 2428-$70K/11/12 Taree Street, Tuncurry NSW 2428-$90K/6 Wilson Street, Tuncurry NSW 2428-$249K/7 Springfield Court, Traralgon VIC 3844-$130K/17A Tamar Avenue, Toukley NSW 2263-$150K/28 Murray Court, Tootgarook VIC 3941-$100K/5165 South Gippsland Highway, Toora VIC 3962-$250K/76 Jarvis Street, Thirlmere, NSW 2572-$109K/139 Brundah Road, Thirlmere NSW 2572-$400K/3 Rosella Place, Tewantin QLD 4565-$199K/73 Read Street, Tewantin QLD 4565-$150K/21 George Street, Tewantin QLD 4565-$175K/15 Ewing Street, Terang VIC 3264-$60K/22 Stevenson Street, Taree NSW 2430-$80K/26 Cornwall Street, Taree NSW 2430-$64K/97 Cornwall Street, Taree NSW 2430-$61K/3 Dale Street, Taree, NSW 2430-$65K/32 Goulburn Street, Tarago NSW 2580-$120K/198 Murray Street, Tanunda SA 5352-$120K/84-86 Bartle Road, Tamborine Mountain QLD 4272-$440K/5 Kurrajong Crescent, Tahmoor NSW 2573-$125K
NEW: Asking Price Gap Index

19,756 homes
got cheaper

across Australia

Biggest % drop
-66.7%
Henley Brook WA 6055
Biggest $ drop
-$3M
Coopers Shoot NSW 2479
Total active drops
19,756
472,832 listings scanned
Total $ wiped
-$2.07B
Across 4,818 suburbs

Latest property price drops

Across 4,818 suburbs in Australia

Today

Today
265 Avon Terrace, York WA 6302
HOUSE321
-$80K$730K $650K
11.0%
Today
265 Avon Terrace, York WA 6302
HOUSE321
-$80K
$730K $650K
11.0%
Today
12 Ramon Close, Yinnar VIC 3869
HOUSE426
-$75K$745K $670K
10.1%
Today
12 Ramon Close, Yinnar VIC 3869
HOUSE426
-$75K
$745K $670K
10.1%
Today
50 Hughes Street, Yeppoon QLD 4703
HOUSE212
-$100K$949K $849K
10.5%
Today
50 Hughes Street, Yeppoon QLD 4703
HOUSE212
-$100K
$949K $849K
10.5%
Today
225 Deepdene Road, Yea VIC 3717
HOUSE412
-$100K$980K $880K
10.2%
Today
225 Deepdene Road, Yea VIC 3717
HOUSE412
-$100K
$980K $880K
10.2%
Today
11/1 Mount Street, Yass NSW 2582
APARTMENT211
-$71K$520K $449K
13.7%
Today
11/1 Mount Street, Yass NSW 2582
APARTMENT211
-$71K
$520K $449K
13.7%
Today
303 Macarthur Road, Yarroweyah VIC 3644
HOUSE324
-$135K$1.1M $965K
12.3%
Today
303 Macarthur Road, Yarroweyah VIC 3644
HOUSE324
-$135K
$1.1M $965K
12.3%
Today
3/47 Nicol Street, Yarram VIC 3971
APARTMENT212
-$70K$430K $360K
16.3%
Today
3/47 Nicol Street, Yarram VIC 3971
APARTMENT212
-$70K
$430K $360K
16.3%
Today
15/97 Smiths Beach Road, Yallingup WA 6282
HOUSE111
-$95K$690K $595K
13.8%
Today
15/97 Smiths Beach Road, Yallingup WA 6282
HOUSE111
-$95K
$690K $595K
13.8%
Today
24 Forest Street, Woodend VIC 3442
HOUSE312
-$100K$795K $695K
12.6%
Today
24 Forest Street, Woodend VIC 3442
HOUSE312
-$100K
$795K $695K
12.6%
Today
22 Linnet Street, Winmalee NSW 2777
HOUSE311
-$111K$1.05M $939K
10.6%
Today
22 Linnet Street, Winmalee NSW 2777
HOUSE311
-$111K
$1.05M $939K
10.6%
Today
32 Willis Street, Winchelsea, Vic 3241
HOUSE311
-$70K$690K $620K
10.1%
Today
32 Willis Street, Winchelsea, Vic 3241
HOUSE311
-$70K
$690K $620K
10.1%
Today
14 Laver Street, West Gladstone, Qld 4680
HOUSE432
-$161K$840K $679K
19.2%
Today
14 Laver Street, West Gladstone, Qld 4680
HOUSE432
-$161K
$840K $679K
19.2%
Today
1 Kellett Street, West Gladstone QLD 4680
HOUSE312
-$80K$775K $695K
10.3%
Today
1 Kellett Street, West Gladstone QLD 4680
HOUSE312
-$80K
$775K $695K
10.3%
Today
62 Riverview Avenue, West Ballina NSW 2478
HOUSE421
-$100K$850K $750K
11.8%
Today
62 Riverview Avenue, West Ballina NSW 2478
HOUSE421
-$100K
$850K $750K
11.8%
Today
30/28 Chambers Flat Road, Waterford West QLD 4133
TOWNHOUSE211
-$120K$610K $490K
19.7%
Today
30/28 Chambers Flat Road, Waterford West QLD 4133
TOWNHOUSE211
-$120K
$610K $490K
19.7%
Today
106 Beach Road, Wangi Wangi NSW 2267
HOUSE223
-$149K$1.299M $1.15M
11.5%
Today
106 Beach Road, Wangi Wangi NSW 2267
HOUSE223
-$149K
$1.299M $1.15M
11.5%
Today
61 Beach Road, Wangi Wangi NSW 2267
HOUSE324
-$180K$1.2M $1.02M
15.0%
Today
61 Beach Road, Wangi Wangi NSW 2267
HOUSE324
-$180K
$1.2M $1.02M
15.0%
Today
11A Reserve Road, Wangi Wangi NSW 2267
HOUSE432
-$130K$1.23M $1.1M
10.6%
Today
11A Reserve Road, Wangi Wangi NSW 2267
HOUSE432
-$130K
$1.23M $1.1M
10.6%
Today
34 Donald Street, Wangaratta, Vic 3677
HOUSE531
-$70K$495K $425K
14.1%
Today
34 Donald Street, Wangaratta, Vic 3677
HOUSE531
-$70K
$495K $425K
14.1%
Today
35 Sandalwood Street, Wangaratta VIC 3677
HOUSE422
-$74K$639K $565K
11.6%
Today
35 Sandalwood Street, Wangaratta VIC 3677
HOUSE422
-$74K
$639K $565K
11.6%
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Reach 30K+ Australian property buyers and sellers every month

Explore by state

Price drops across metro and major city areas

New South Wales

5,524
Drops
-6.7%
Median
1,188
Suburbs
Hardest hit suburbs
#1Port Macquarie 244452#2Sydney 200045#3Box Hill 276541#4Forster 242838#5Coffs Harbour 245037#6Penrith 275033#7Wollongong 250033#8Oran Park 257030#9Googong 262029#10Liverpool 217029
Browse all NSW price drops

Queensland

4,622
Drops
-6.8%
Median
692
Suburbs
Hardest hit suburbs
#1Surfers Paradise 421797#2Southport 421551#3Port Douglas 487748#4Robina 422646#5Caboolture 451045#6Labrador 421542#7Springfield Lakes 430035#8Palm Beach 422134#9Pimpama 420933#10Morayfield 450633
Browse all QLD price drops

Victoria

6,446
Drops
-7.4%
Median
711
Suburbs
Hardest hit suburbs
#1Clyde North 397898#2Melbourne 300084#3Ocean Grove 322670#4Berwick 380668#5Point Cook 303068#6Mount Eliza 393064#7Tarneit 302963#8Southbank 300654#9Mount Martha 393448#10Doncaster 310847
Browse all VIC price drops

Western Australia

1,892
Drops
-6.8%
Median
326
Suburbs
Hardest hit suburbs
#1Baldivis 617147#2Thornlie 610833#3Rockingham 616832#4Ellenbrook 606931#5Gosnells 611030#6Aveley 606929#7Byford 612228#8Halls Head 621027#9Mandurah 621027#10Canning Vale 615523
Browse all WA price drops

South Australia

687
Drops
-7.1%
Median
233
Suburbs
Hardest hit suburbs
#1Adelaide 500020#2Morphett Vale 516214#3Murray Bridge 525314#4Andrews Farm 511411#5Salisbury North 510811#6Mawson Lakes 509511#7Munno Para West 511510#8Somerton Park 504410#9Hindmarsh Island 521410#10Encounter Bay 52119
Browse all SA price drops

Australian Capital Territory

350
Drops
-6.7%
Median
83
Suburbs
Hardest hit suburbs
#1Phillip 260623#2Braddon 261218#3Kingston 260416#4Griffith 260313#5Gungahlin 291212#6Denman Prospect 261111#7Harrison 291410#8City 26019#9Dickson 26028#10Lyneham 26028
Browse all ACT price drops

Tasmania

168
Drops
-6.7%
Median
58
Suburbs
Hardest hit suburbs
#1Sandy Bay 700516#2North Hobart 70009#3Hobart 70009#4Ulverstone 73158#5Howrah 70188#6Launceston 72508#7Devonport 73106#8New Town 70086#9Lindisfarne 70156#10West Hobart 70005
Browse all TAS price drops

Northern Territory

67
Drops
-7.1%
Median
39
Suburbs
Hardest hit suburbs
#1Darwin City 08007#2Durack 08304#3Humpty Doo 08364#4Stuart Park 08203#5Fannie Bay 08203#6Leanyer 08122#7Anula 08122#8Moulden 08302#9Bayview 08202#10Gunn 08322
Browse all NT price drops

Asking Price Gap Index

How far do Australian homes actually sell above or below their asking price?

40%
sold above asking
10,100
sales, last 90 days
Explore the Index

Got questions?

Because the biggest cuts happen quietly

DropBee is a property price tracker for Australian real estate. We detect price drops and rises on a daily basis across thousands of suburbs. Whether you're looking for discounted apartments in Sydney, reduced houses in Melbourne, deals in Brisbane, or price cuts in Perth, DropBee surfaces the biggest reductions so you can act with confidence.

Yes. DropBee is currently tracking 19,756 active asking price reductions across 4,818 suburbs in all 8 states and territories. These are individual properties where the seller has cut their list price since first listing, not overall median price movements. Asking price drops signal motivated sellers and negotiation opportunities, which is useful for buyers regardless of whether the overall market is rising or falling.

NSW, Victoria and Queensland consistently have the highest volume of active price drops, reflecting their larger property markets. Sydney, Melbourne and Brisbane metro areas see the most reductions in absolute numbers. DropBee tracks every suburb from metro Sydney to regional Tasmania, so you can filter by state, suburb or postcode to find the deepest cuts near you.

A price drop is when the current asking price falls below the original price we first recorded. For example, listed at $1M then cut to $950K equals a $50K drop (5%). We also track price rises, when a seller increases their asking price above the original listing price.
Asking price is what the seller lists the property for. Sold price is what it actually sells for. DropBee tracks asking price changes only, not final sale prices. This matters because a drop in asking price signals the seller is adjusting expectations, giving you a window to negotiate before the property goes under contract.

Because it reveals something useful about the seller's mindset. When an agent drops the asking price, it typically means one of three things:

  • The property hasn't attracted enough interest at the original price
  • The seller is becoming more motivated to sell
  • The initial price was simply too ambitious

In any of these cases, it's a signal that there may be room to negotiate. Many buyers miss out because they don't realise the asking price has changed. By the time they notice, someone else has already made an offer.

Yes, DropBee is free to use. You can browse every price drop, filter by state, suburb, property type and drop size, watch unlimited suburbs for alerts, and use the Chrome extension that overlays price history directly on Australian property listing websites.

Yes. You can watch any suburb for free and track new price drops in that area. Open any suburb page, click the watch button, and new drops in your watched suburbs will appear in your account dashboard. You can watch as many suburbs as you want across all 8 states.

Yes. The DropBee Chrome extension is free and overlays price drop information directly on Australian property listing websites. When you browse a property online, the extension shows you the full price history, original asking price, total reduction and how many times the price has changed. Install it from the Chrome Web Store.

Yes. DropBee tracks both properties for sale and properties for rent across all 8 Australian states and territories. Rental listings are scanned daily for weekly asking rent reductions, so tenants and relocating professionals can spot motivated landlords and negotiate lower weekly rates before signing a lease.
We cover all 8 states and territories (NSW, VIC, QLD, WA, SA, ACT, TAS, NT) across 4,818 suburbs, from metro areas to major regional cities. With 19,756 active price drops tracked right now, chances are your area is covered.

We scan the market daily. Price changes are typically reflected within 24 hours. You can also watch suburbs to get notified when areas you care about see further reductions. For a macro view, check our weekly market reports with detailed analysis and pricing patterns.

Looking for luxury property price drops?

Explore luxury home price drops and luxury rental price drops across Australia's most exclusive suburbs.

Luxury home price drops

Melbourne East & Bayside
Brighton 3186Kew 3101Balwyn 3103
Gold Coast
Surfers Paradise 4217Palm Beach 4221Broadbeach 4218
Sydney Inner City & West
Sydney 2000Barangaroo 2000Woolloomooloo 2011
Sydney Northern Beaches
Seaforth 2092Manly 2095Palm Beach 2108
Sydney North Shore
Mosman 2088Killara 2071Neutral Bay 2089
Sydney Eastern Suburbs
Paddington 2021Rose Bay 2029Bondi 2026
Brisbane Premium
New Farm 4005Kangaroo Point 4169Bardon 4065
Mornington Peninsula
Mount Eliza 3930Mount Martha 3934Sorrento 3943
Perth & Western Australia
South Perth 6151East Perth 6004Applecross 6153
Noosa & Sunshine Coast
Noosa Heads 4567Noosaville 4566Sunrise Beach 4567
Adelaide & South Australia
Adelaide 5000Dulwich 5065Kensington Gardens 5068
Byron Bay & NSW North Coast
Byron Bay 2481Lennox Head 2478Ewingsdale 2481

Luxury rental price drops

Melbourne East & Bayside
Brighton 3186Kew 3101Balwyn 3103
Gold Coast
Surfers Paradise 4217Palm Beach 4221Broadbeach 4218
Sydney Inner City & West
Sydney 2000Barangaroo 2000Woolloomooloo 2011
Sydney Northern Beaches
Seaforth 2092Manly 2095Palm Beach 2108
Sydney North Shore
Mosman 2088Killara 2071Neutral Bay 2089
Sydney Eastern Suburbs
Paddington 2021Rose Bay 2029Bondi 2026
Brisbane Premium
New Farm 4005Kangaroo Point 4169Bardon 4065
Mornington Peninsula
Mount Martha 3934Blairgowrie 3942
Perth & Western Australia
South Perth 6151East Perth 6004Applecross 6153
Noosa & Sunshine Coast
Noosa Heads 4567Sunrise Beach 4567Peregian Beach 4573
Adelaide & South Australia
Adelaide 5000Dulwich 5065Kensington Gardens 5068
Byron Bay & NSW North Coast
Byron Bay 2481Lennox Head 2478

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Independent analytics, not a brokerage. All data sourced from publicly available listings.

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