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  • Asking Price Gap Index
LIVE15,6841,784
17 Briggs Way, Tarneit, Vic 3029-$150K/7 Sage Way, White Rock, Qld 4306-$200K/2 Day Place, Sandstone Point, Qld 4511-$300K/38A Croydondale Drive, Mooroolbark, Vic 3138-$160K/5 Christian Street, California Gully VIC 3556-$160K/12 & 12a Greengate Road, Airds, NSW 2560-$220K/2/14-16 Efron St, Nunawading, Vic 3131-$155K/51 Loch Maree Street, Maroubra NSW 2035-$450K/A3/145-147 Russell Avenue, Dolls Point, NSW 2219-$299K/5 Scott Street, Deagon, Qld 4017-$140K/19 Anzac Street, Croydon VIC 3136-$190K/83 Thomas Street, Brighton East VIC 3187-$750K/127 Seven Hills Road, Baulkham Hills NSW 2153-$300K/203/51 Sandown Road, Ascot Vale, Vic 3032-$80K/1502/2 Bond Street, Sydney NSW 2000-$1.02M/3 Crichton Crescent, Venus Bay VIC 3956-$94K/1/1 Cohn Street, Swan Hill VIC 3585-$80K/10 Botanic Court, Mullumbimby NSW 2482-$350K/107 Mitchell Parade, Mollymook Beach NSW 2539-$295K/12-16 Somers Street, Lawson NSW 2783-$650K/55 Nautilus Way, Lakes Entrance VIC 3909-$131K/2 Oceanview Crescent, Kingscliff NSW 2487-$550K/57 Nicholson Street, Dalby QLD 4405-$81K/135 Talbot Street, Berserker QLD 4701-$100K/35 Great Ocean Road, Anglesea VIC 3230-$405K/12 Stocks Lane, Walloon QLD 4306-$226K/6/51 Bauer Street, Southport QLD 4215-$201K/59A Fortescue Avenue, Seaford VIC 3198-$191K/17D/3540 Main Beach Parade, Main Beach QLD 4217-$250K/32 Hoya Crescent, Frankston North VIC 3200-$100K/34 Bakewell Street, Cranbourne VIC 3977-$345K/027/70 Hansford Road, Coombabah QLD 4216-$100K/2/96 Smith Road, Woodridge QLD 4114-$100K/55 Menora Loop, Warnbro WA 6169-$231K/63 Harrington Waters Drive, Waikiki WA 6169-$200K/7 Sunshine Street, Rowville VIC 3178-$250K/39 Wellington Street, Richmond VIC 3121-$250K/81 Mcfadzean Avenue, Reservoir VIC 3073-$160K/18/238-242 William Street, Potts Point NSW 2011-$150K/10 Whelk Place, Mullaloo WA 6027-$400K/33 Thomas Street, Moonee Ponds VIC 3039-$460K/728 Kingston Road, Loganlea QLD 4131-$174K/1/119 Evell Street, Glenroy VIC 3046-$130K/8 Gladstone Street, Glen Iris VIC 3146-$300K/62 Stanford Close, Fawkner VIC 3060-$200K/7 Skye Lane, Ellenbrook WA 6069-$160K/42 Gedye Street, Doncaster East VIC 3109-$325K/37 Cragg Street, Condell Park NSW 2200-$300K/33 Coutts Crescent, Collaroy NSW 2097-$1.3M/10/43 North Street, Cleveland QLD 4163-$225K/17 Briggs Way, Tarneit, Vic 3029-$150K/7 Sage Way, White Rock, Qld 4306-$200K/2 Day Place, Sandstone Point, Qld 4511-$300K/38A Croydondale Drive, Mooroolbark, Vic 3138-$160K/5 Christian Street, California Gully VIC 3556-$160K/12 & 12a Greengate Road, Airds, NSW 2560-$220K/2/14-16 Efron St, Nunawading, Vic 3131-$155K/51 Loch Maree Street, Maroubra NSW 2035-$450K/A3/145-147 Russell Avenue, Dolls Point, NSW 2219-$299K/5 Scott Street, Deagon, Qld 4017-$140K/19 Anzac Street, Croydon VIC 3136-$190K/83 Thomas Street, Brighton East VIC 3187-$750K/127 Seven Hills Road, Baulkham Hills NSW 2153-$300K/203/51 Sandown Road, Ascot Vale, Vic 3032-$80K/1502/2 Bond Street, Sydney NSW 2000-$1.02M/3 Crichton Crescent, Venus Bay VIC 3956-$94K/1/1 Cohn Street, Swan Hill VIC 3585-$80K/10 Botanic Court, Mullumbimby NSW 2482-$350K/107 Mitchell Parade, Mollymook Beach NSW 2539-$295K/12-16 Somers Street, Lawson NSW 2783-$650K/55 Nautilus Way, Lakes Entrance VIC 3909-$131K/2 Oceanview Crescent, Kingscliff NSW 2487-$550K/57 Nicholson Street, Dalby QLD 4405-$81K/135 Talbot Street, Berserker QLD 4701-$100K/35 Great Ocean Road, Anglesea VIC 3230-$405K/12 Stocks Lane, Walloon QLD 4306-$226K/6/51 Bauer Street, Southport QLD 4215-$201K/59A Fortescue Avenue, Seaford VIC 3198-$191K/17D/3540 Main Beach Parade, Main Beach QLD 4217-$250K/32 Hoya Crescent, Frankston North VIC 3200-$100K/34 Bakewell Street, Cranbourne VIC 3977-$345K/027/70 Hansford Road, Coombabah QLD 4216-$100K/2/96 Smith Road, Woodridge QLD 4114-$100K/55 Menora Loop, Warnbro WA 6169-$231K/63 Harrington Waters Drive, Waikiki WA 6169-$200K/7 Sunshine Street, Rowville VIC 3178-$250K/39 Wellington Street, Richmond VIC 3121-$250K/81 Mcfadzean Avenue, Reservoir VIC 3073-$160K/18/238-242 William Street, Potts Point NSW 2011-$150K/10 Whelk Place, Mullaloo WA 6027-$400K/33 Thomas Street, Moonee Ponds VIC 3039-$460K/728 Kingston Road, Loganlea QLD 4131-$174K/1/119 Evell Street, Glenroy VIC 3046-$130K/8 Gladstone Street, Glen Iris VIC 3146-$300K/62 Stanford Close, Fawkner VIC 3060-$200K/7 Skye Lane, Ellenbrook WA 6069-$160K/42 Gedye Street, Doncaster East VIC 3109-$325K/37 Cragg Street, Condell Park NSW 2200-$300K/33 Coutts Crescent, Collaroy NSW 2097-$1.3M/10/43 North Street, Cleveland QLD 4163-$225K
NEW: Asking Price Gap Index

15,684 homes
got cheaper

across Australia

Biggest % drop
-50.3%
Ardross WA 6153
Biggest $ drop
-$3.5M
Toorak VIC 3142
Total active drops
15,684
418,093 listings scanned
Total $ wiped
-$1.61B
Across 4,384 suburbs

Latest property price drops

Across 4,384 suburbs in Australia

Today

Today
17 Briggs Way, Tarneit, Vic 3029
HOUSE423
-$150K$750K $600K
20.0%
Today
17 Briggs Way, Tarneit, Vic 3029
HOUSE423
-$150K
$750K $600K
20.0%

Sat 15 Aug

2d ago
7 Sage Way, White Rock, Qld 4306
HOUSE422
-$200K$1.19M $990K
16.8%
2d ago
7 Sage Way, White Rock, Qld 4306
HOUSE422
-$200K
$1.19M $990K
16.8%
2d ago
2 Day Place, Sandstone Point, Qld 4511
HOUSE421
-$300K$800K $500K
37.5%
2d ago
2 Day Place, Sandstone Point, Qld 4511
HOUSE421
-$300K
$800K $500K
37.5%
2d ago
38A Croydondale Drive, Mooroolbark, Vic 3138
HOUSE532
-$160K$1.05M $890K
15.2%
2d ago
38A Croydondale Drive, Mooroolbark, Vic 3138
HOUSE532
-$160K
$1.05M $890K
15.2%
2d ago
5 Christian Street, California Gully VIC 3556
HOUSE524
-$160K$850K $690K
18.8%
2d ago
5 Christian Street, California Gully VIC 3556
HOUSE524
-$160K
$850K $690K
18.8%
2d ago
12 & 12a Greengate Road, Airds, NSW 2560
HOUSE633
-$220K$1.45M $1.23M
15.2%
2d ago
12 & 12a Greengate Road, Airds, NSW 2560
HOUSE633
-$220K
$1.45M $1.23M
15.2%
2d ago
2/14-16 Efron St, Nunawading, Vic 3131
TOWNHOUSE311
-$155K$945K $790K
16.4%
2d ago
2/14-16 Efron St, Nunawading, Vic 3131
TOWNHOUSE311
-$155K
$945K $790K
16.4%
2d ago
51 Loch Maree Street, Maroubra NSW 2035
HOUSE322
-$450K$2.75M $2.3M
16.4%
2d ago
51 Loch Maree Street, Maroubra NSW 2035
HOUSE322
-$450K
$2.75M $2.3M
16.4%
2d ago
A3/145-147 Russell Avenue, Dolls Point, NSW 2219
APARTMENT232
-$299K$1.899M $1.6M
15.7%
2d ago
A3/145-147 Russell Avenue, Dolls Point, NSW 2219
APARTMENT232
-$299K
$1.899M $1.6M
15.7%
2d ago
5 Scott Street, Deagon, Qld 4017
HOUSE311
-$140K$899K $759K
15.6%
2d ago
5 Scott Street, Deagon, Qld 4017
HOUSE311
-$140K
$899K $759K
15.6%
2d ago
19 Anzac Street, Croydon VIC 3136
TOWNHOUSE432
-$190K$1.18M $990K
16.1%
2d ago
19 Anzac Street, Croydon VIC 3136
TOWNHOUSE432
-$190K
$1.18M $990K
16.1%
2d ago
83 Thomas Street, Brighton East VIC 3187
HOUSE542
-$750K$3.2M $2.45M
23.4%
2d ago
83 Thomas Street, Brighton East VIC 3187
HOUSE542
-$750K
$3.2M $2.45M
23.4%
2d ago
127 Seven Hills Road, Baulkham Hills NSW 2153
HOUSE322
-$300K$1.8M $1.5M
16.7%
2d ago
127 Seven Hills Road, Baulkham Hills NSW 2153
HOUSE322
-$300K
$1.8M $1.5M
16.7%
2d ago
203/51 Sandown Road, Ascot Vale, Vic 3032
APARTMENT211
-$80K$530K $450K
15.1%
2d ago
203/51 Sandown Road, Ascot Vale, Vic 3032
APARTMENT211
-$80K
$530K $450K
15.1%

Fri 14 Aug

3d ago
1502/2 Bond Street, Sydney NSW 2000
APARTMENT422
-$1.0M$3.52M $2.5M
29.0%
3d ago
1502/2 Bond Street, Sydney NSW 2000
APARTMENT422
-$1.0M
$3.52M $2.5M
29.0%
3d ago
3 Crichton Crescent, Venus Bay VIC 3956
HOUSE444
-$94K$599K $505K
15.7%
3d ago
3 Crichton Crescent, Venus Bay VIC 3956
HOUSE444
-$94K
$599K $505K
15.7%
3d ago
1/1 Cohn Street, Swan Hill VIC 3585
HOUSE211
-$80K$419K $339K
19.1%
3d ago
1/1 Cohn Street, Swan Hill VIC 3585
HOUSE211
-$80K
$419K $339K
19.1%
3d ago
10 Botanic Court, Mullumbimby NSW 2482
HOUSE636
-$350K$2.2M $1.85M
15.9%
3d ago
10 Botanic Court, Mullumbimby NSW 2482
HOUSE636
-$350K
$2.2M $1.85M
15.9%
3d ago
107 Mitchell Parade, Mollymook Beach NSW 2539
HOUSE421
-$295K$1.895M $1.6M
15.6%
3d ago
107 Mitchell Parade, Mollymook Beach NSW 2539
HOUSE421
-$295K
$1.895M $1.6M
15.6%
3d ago
12-16 Somers Street, Lawson NSW 2783
HOUSE21
-$650K$1.3M $650K
50.0%
3d ago
12-16 Somers Street, Lawson NSW 2783
HOUSE21
-$650K
$1.3M $650K
50.0%
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Explore by state

Price drops across metro and major city areas

New South Wales

4,773
Drops
-6.5%
Median
1,124
Suburbs
Hardest hit suburbs
#1Sydney 200039#2Box Hill 276535#3Port Macquarie 244434#4Bowral 257631#5Forster 242831#6Wollongong 250029#7Coffs Harbour 245029#8Moss Vale 257728#9Castle Hill 215427#10Oran Park 257027
Browse all NSW price drops

Queensland

3,289
Drops
-6.3%
Median
588
Suburbs
Hardest hit suburbs
#1Surfers Paradise 421774#2Southport 421535#3Port Douglas 487734#4Redland Bay 416531#5Palm Beach 422129#6Caboolture 451029#7Pimpama 420929#8Labrador 421529#9Hervey Bay 465528#10Robina 422628
Browse all QLD price drops

Victoria

5,413
Drops
-7.1%
Median
663
Suburbs
Hardest hit suburbs
#1Clyde North 397886#2Melbourne 300084#3Point Cook 303078#4Ocean Grove 322670#5Berwick 380658#6Mount Eliza 393057#7Frankston 319956#8Southbank 300654#9Mornington 393149#10Tarneit 302946
Browse all VIC price drops

Western Australia

1,261
Drops
-6.8%
Median
271
Suburbs
Hardest hit suburbs
#1Baldivis 617140#2Halls Head 621024#3Thornlie 610824#4Ellenbrook 606923#5Rockingham 616821#6Aveley 606921#7Canning Vale 615519#8Piara Waters 611218#9Dawesville 621117#10Gosnells 611016
Browse all WA price drops

South Australia

470
Drops
-6.9%
Median
191
Suburbs
Hardest hit suburbs
#1Adelaide 500019#2Murray Bridge 525310#3Somerton Park 50449#4Morphett Vale 51628#5Hindmarsh Island 52147#6Elizabeth Downs 51137#7Glenelg North 50457#8Munno Para 51157#9Goolwa 52146#10Para Hills 50966
Browse all SA price drops

Australian Capital Territory

311
Drops
-6.9%
Median
82
Suburbs
Hardest hit suburbs
#1Phillip 260623#2Braddon 261218#3Kingston 260415#4Griffith 260314#5Canberra 260011#6O'Connor 260210#7Denman Prospect 26119#8Dickson 26029#9Franklin 29138#10Narrabundah 26047
Browse all ACT price drops

Tasmania

120
Drops
-6.5%
Median
44
Suburbs
Hardest hit suburbs
#1Sandy Bay 700512#2Hobart 70008#3North Hobart 70006#4Ulverstone 73155#5Blackmans Bay 70525#6New Town 70085#7Launceston 72504#8Mount Stuart 70004#9South Hobart 70044#10Devonport 73104
Browse all TAS price drops

Northern Territory

47
Drops
-6.8%
Median
22
Suburbs
Hardest hit suburbs
#1Darwin City 08008#2Larrakeyah 08205#3Howard Springs 08354#4Durack 08303#5Fannie Bay 08202#6Karama 08122#7Woodroffe 08302#8Wanguri 08102#9Rosebery 08322#10Coconut Grove 08102
Browse all NT price drops

Asking Price Gap Index

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

43%
sold above asking
9,931
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 15,684 active asking price reductions across 4,384 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 4,384 suburbs, from metro areas to major regional cities. With 15,684 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 3101Toorak 3142
Gold Coast
Surfers Paradise 4217Palm Beach 4221Broadbeach 4218
Sydney Inner City & West
Sydney 2000Barangaroo 2000Woolloomooloo 2011
Sydney Eastern Suburbs
Bondi 2026Darling Point 2027Bondi Beach 2026
Sydney Northern Beaches
Manly 2095Seaforth 2092Collaroy 2097
Sydney North Shore
Mosman 2088Chatswood 2067Wahroonga 2076
Brisbane Premium
New Farm 4005Kangaroo Point 4169Hamilton 4007
Noosa & Sunshine Coast
Noosa Heads 4567Sunrise Beach 4567Noosaville 4566
Mornington Peninsula
Mount Eliza 3930Mount Martha 3934Blairgowrie 3942
Perth & Western Australia
East Perth 6004South Perth 6151Applecross 6153
Adelaide & South Australia
Adelaide 5000Toorak Gardens 5065Dulwich 5065
Byron Bay & NSW North Coast
Byron Bay 2481Lennox Head 2478Ewingsdale 2481

Luxury rental price drops

Melbourne East & Bayside
Brighton 3186Kew 3101Toorak 3142
Gold Coast
Surfers Paradise 4217Palm Beach 4221Broadbeach 4218
Sydney Inner City & West
Sydney 2000Barangaroo 2000Woolloomooloo 2011
Sydney Eastern Suburbs
Bondi 2026Darling Point 2027Rose Bay 2029
Sydney Northern Beaches
Manly 2095Seaforth 2092Collaroy 2097
Sydney North Shore
Mosman 2088Chatswood 2067Wahroonga 2076
Brisbane Premium
New Farm 4005Kangaroo Point 4169Hamilton 4007
Noosa & Sunshine Coast
Noosa Heads 4567Sunrise Beach 4567
Mornington Peninsula
Mount Martha 3934Blairgowrie 3942Sorrento 3943
Perth & Western Australia
East Perth 6004South Perth 6151Applecross 6153
Adelaide & South Australia
Adelaide 5000Toorak Gardens 5065Henley Beach 5022
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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