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  • Asking Price Gap Index
LIVE22,2781,533
1438/1 Studio Drive, Eastgardens NSW 2036-$170K/19/27-29 Yamba Road, Yamba NSW 2464-$75K/80 Tallowwood Street, Maleny QLD 4552-$300K/3 Candlebark Court, Lakewood NSW 2443-$205K/17 Pine Tree Drive, Lake Macdonald QLD 4563-$185K/1 Robertson Street, Kurrajong NSW 2758-$320K/14/15-17 Wallis Street, Forster, NSW 2428-$65K/20 Cocora St, Eden NSW 2551-$140K/27 Blaxland Road, Dalyellup, WA 6230-$100K/37 Galatea St, Charleville QLD 4470-$100K/33-35 Hawthorne Road, Bargo, NSW 2574-$150K/59 Hutchison Terrace, Bakewell NT 0832-$80K/118 Carthage Street, Tamworth NSW 2340-$135K/1306/36-42 Stanhill Drive, Surfers Paradise QLD 4217-$400K/12 Queen Street, North Ward QLD 4810-$199K/704/509 Hunter Street, Newcastle NSW 2300-$65K/6 Ashton Rise, Narre Warren South VIC 3805-$100K/1255 Nepean Highway, Mount Eliza VIC 3930-$141K/29 Callagher Street, Mount Druitt, NSW 2770-$230K/10 Camden Way, Meadow Springs, WA 6210-$100K/9/89 Frank Street, Labrador QLD 4215-$114K/40 La Frantz Drive, Tinana, Qld 4650-$94K/359 Alice Street, Maryborough, Qld 4650-$80K/13 Pincombe Crescent, Harrington Park NSW 2567-$175K/8 Parraweena Road, Gwandalan NSW 2259-$200K/6 Albany Court, Endeavour Hills VIC 3802-$105K/7 Brim Court, Edens Landing QLD 4207-$109K/16 Macedon Avenue, Corio, Vic 3214-$59K/183 Princes Highway, Corio VIC 3214-$75K/89 Dutton Street, Coolangatta QLD 4225-$200K/23 Ironstone Lane, Coodanup, WA 6210-$80K/80 Coal Point Road, Coal Point NSW 2283-$181K/6 Bridle Path, Chirnside Park VIC 3116-$100K/2902/146 Surf Parade, Broadbeach QLD 4218-$500K/20 Illoura Avenue, Bellara, Qld 4507-$110K/25 Castaway Court, Banksia Beach QLD 4507-$211K/161 Myrtle Creek Road, Axe Creek VIC 3551-$150K/53 Bonnie Rock Road, Austral NSW 2179-$205K/10/1-13 Grosvenor Place, Wynn Vale, SA 5127-$70K/48/43 Garfield Road, Woodridge QLD 4114-$90K/19/6 Macleay Street, Turner ACT 2612-$149K/34 Kogarah Street, Tarragindi QLD 4121-$200K/40 Hodgson Avenue, Tarneit, Vic 3029-$100K/34/10 Radiant Street, Taigum QLD 4018-$100K/38A Nineham Avenue, Spearwood, WA 6163-$100K/37 Diamond Street, Riverview QLD 4303-$75K/7 Malcolm Court, Ringwood East VIC 3135-$200K/34 Alcock Street, Reservoir VIC 3073-$200K/27 Whitchurch Road, Redcliffe WA 6104-$101K/17/6 Rosegum Place, Redbank Plains, Qld 4301-$90K/1438/1 Studio Drive, Eastgardens NSW 2036-$170K/19/27-29 Yamba Road, Yamba NSW 2464-$75K/80 Tallowwood Street, Maleny QLD 4552-$300K/3 Candlebark Court, Lakewood NSW 2443-$205K/17 Pine Tree Drive, Lake Macdonald QLD 4563-$185K/1 Robertson Street, Kurrajong NSW 2758-$320K/14/15-17 Wallis Street, Forster, NSW 2428-$65K/20 Cocora St, Eden NSW 2551-$140K/27 Blaxland Road, Dalyellup, WA 6230-$100K/37 Galatea St, Charleville QLD 4470-$100K/33-35 Hawthorne Road, Bargo, NSW 2574-$150K/59 Hutchison Terrace, Bakewell NT 0832-$80K/118 Carthage Street, Tamworth NSW 2340-$135K/1306/36-42 Stanhill Drive, Surfers Paradise QLD 4217-$400K/12 Queen Street, North Ward QLD 4810-$199K/704/509 Hunter Street, Newcastle NSW 2300-$65K/6 Ashton Rise, Narre Warren South VIC 3805-$100K/1255 Nepean Highway, Mount Eliza VIC 3930-$141K/29 Callagher Street, Mount Druitt, NSW 2770-$230K/10 Camden Way, Meadow Springs, WA 6210-$100K/9/89 Frank Street, Labrador QLD 4215-$114K/40 La Frantz Drive, Tinana, Qld 4650-$94K/359 Alice Street, Maryborough, Qld 4650-$80K/13 Pincombe Crescent, Harrington Park NSW 2567-$175K/8 Parraweena Road, Gwandalan NSW 2259-$200K/6 Albany Court, Endeavour Hills VIC 3802-$105K/7 Brim Court, Edens Landing QLD 4207-$109K/16 Macedon Avenue, Corio, Vic 3214-$59K/183 Princes Highway, Corio VIC 3214-$75K/89 Dutton Street, Coolangatta QLD 4225-$200K/23 Ironstone Lane, Coodanup, WA 6210-$80K/80 Coal Point Road, Coal Point NSW 2283-$181K/6 Bridle Path, Chirnside Park VIC 3116-$100K/2902/146 Surf Parade, Broadbeach QLD 4218-$500K/20 Illoura Avenue, Bellara, Qld 4507-$110K/25 Castaway Court, Banksia Beach QLD 4507-$211K/161 Myrtle Creek Road, Axe Creek VIC 3551-$150K/53 Bonnie Rock Road, Austral NSW 2179-$205K/10/1-13 Grosvenor Place, Wynn Vale, SA 5127-$70K/48/43 Garfield Road, Woodridge QLD 4114-$90K/19/6 Macleay Street, Turner ACT 2612-$149K/34 Kogarah Street, Tarragindi QLD 4121-$200K/40 Hodgson Avenue, Tarneit, Vic 3029-$100K/34/10 Radiant Street, Taigum QLD 4018-$100K/38A Nineham Avenue, Spearwood, WA 6163-$100K/37 Diamond Street, Riverview QLD 4303-$75K/7 Malcolm Court, Ringwood East VIC 3135-$200K/34 Alcock Street, Reservoir VIC 3073-$200K/27 Whitchurch Road, Redcliffe WA 6104-$101K/17/6 Rosegum Place, Redbank Plains, Qld 4301-$90K
NEW: Asking Price Gap Index

22,278 homes
got cheaper

across Australia

Biggest % drop
-58.7%
Frankston VIC 3199
Biggest $ drop
-$5M
Melbourne VIC 3000
Total active drops
22,278
508,495 listings scanned
Total $ wiped
-$2.38B
Across 4,822 suburbs

Latest property price drops

Across 4,822 suburbs in Australia

Today

3X2/1Today
1438/1 Studio Drive, Eastgardens NSW 2036
APARTMENT222
-$170K$1.06M $890K
16.0%
3X2/1
Today
1438/1 Studio Drive, Eastgardens NSW 2036
APARTMENT222
-$170K
$1.06M $890K
16.0%
2XToday
19/27-29 Yamba Road, Yamba NSW 2464
APARTMENT212
-$75K$700K $625K
10.7%
2X
Today
19/27-29 Yamba Road, Yamba NSW 2464
APARTMENT212
-$75K
$700K $625K
10.7%
2XToday
80 Tallowwood Street, Maleny QLD 4552
HOUSE433
-$300K$1.85M $1.55M
16.2%
2X
Today
80 Tallowwood Street, Maleny QLD 4552
HOUSE433
-$300K
$1.85M $1.55M
16.2%
2XToday
3 Candlebark Court, Lakewood NSW 2443
HOUSE422
-$205K$1.2M $995K
17.1%
2X
Today
3 Candlebark Court, Lakewood NSW 2443
HOUSE422
-$205K
$1.2M $995K
17.1%
Today
17 Pine Tree Drive, Lake Macdonald QLD 4563
HOUSE426
-$185K$1.585M $1.4M
11.7%
Today
17 Pine Tree Drive, Lake Macdonald QLD 4563
HOUSE426
-$185K
$1.585M $1.4M
11.7%
4XToday
1 Robertson Street, Kurrajong NSW 2758
HOUSE534
-$320K$2.3M $1.98M
13.9%
4X
Today
1 Robertson Street, Kurrajong NSW 2758
HOUSE534
-$320K
$2.3M $1.98M
13.9%
Today
14/15-17 Wallis Street, Forster, NSW 2428
APARTMENT211
-$65K$585K $520K
11.1%
Today
14/15-17 Wallis Street, Forster, NSW 2428
APARTMENT211
-$65K
$585K $520K
11.1%
Today
20 Cocora St, Eden NSW 2551
HOUSE211
-$140K$1.19M $1.05M
11.8%
Today
20 Cocora St, Eden NSW 2551
HOUSE211
-$140K
$1.19M $1.05M
11.8%
3XToday
27 Blaxland Road, Dalyellup, WA 6230
HOUSE322
-$100K$795K $695K
12.6%
3X
Today
27 Blaxland Road, Dalyellup, WA 6230
HOUSE322
-$100K
$795K $695K
12.6%
2XToday
37 Galatea St, Charleville QLD 4470
HOUSE311
-$100K$390K $290K
25.6%
2X
Today
37 Galatea St, Charleville QLD 4470
HOUSE311
-$100K
$390K $290K
25.6%
Today
33-35 Hawthorne Road, Bargo, NSW 2574
HOUSE312
-$150K$1.45M $1.3M
10.3%
Today
33-35 Hawthorne Road, Bargo, NSW 2574
HOUSE312
-$150K
$1.45M $1.3M
10.3%
Today
59 Hutchison Terrace, Bakewell NT 0832
HOUSE312
-$80K$680K $600K
11.8%
Today
59 Hutchison Terrace, Bakewell NT 0832
HOUSE312
-$80K
$680K $600K
11.8%
4XToday
118 Carthage Street, Tamworth NSW 2340
HOUSE31
-$135K$775K $640K
17.4%
4X
Today
118 Carthage Street, Tamworth NSW 2340
HOUSE31
-$135K
$775K $640K
17.4%
Today
1306/36-42 Stanhill Drive, Surfers Paradise QLD 4217
APARTMENT322
-$400K$2.4M $2M
16.7%
Today
1306/36-42 Stanhill Drive, Surfers Paradise QLD 4217
APARTMENT322
-$400K
$2.4M $2M
16.7%
2XToday
12 Queen Street, North Ward QLD 4810
HOUSE533
-$199K$1.949M $1.75M
10.2%
2X
Today
12 Queen Street, North Ward QLD 4810
HOUSE533
-$199K
$1.949M $1.75M
10.2%
2XToday
704/509 Hunter Street, Newcastle NSW 2300
APARTMENT11
-$65K$645K $580K
10.1%
2X
Today
704/509 Hunter Street, Newcastle NSW 2300
APARTMENT11
-$65K
$645K $580K
10.1%
3XToday
6 Ashton Rise, Narre Warren South VIC 3805
HOUSE434
-$100K$880K $780K
11.4%
3X
Today
6 Ashton Rise, Narre Warren South VIC 3805
HOUSE434
-$100K
$880K $780K
11.4%
Today
1255 Nepean Highway, Mount Eliza VIC 3930
HOUSE322
-$141K$1.1M $959K
12.8%
Today
1255 Nepean Highway, Mount Eliza VIC 3930
HOUSE322
-$141K
$1.1M $959K
12.8%
4X3/1Today
29 Callagher Street, Mount Druitt, NSW 2770
HOUSE312
-$230K$1.39M $1.16M
16.5%
4X3/1
Today
29 Callagher Street, Mount Druitt, NSW 2770
HOUSE312
-$230K
$1.39M $1.16M
16.5%
Today
10 Camden Way, Meadow Springs, WA 6210
HOUSE422
-$100K$849K $749K
11.8%
Today
10 Camden Way, Meadow Springs, WA 6210
HOUSE422
-$100K
$849K $749K
11.8%
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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

5,941
Drops
-6.8%
Median
1,212
Suburbs
Hardest hit suburbs
#1Port Macquarie 244456#2Sydney 200050#3Penrith 275042#4Coffs Harbour 245041#5Forster 242840#6Box Hill 276539#7Merrylands 216037#8Tamworth 234035#9Wollongong 250032#10Googong 262031
Browse all NSW price drops

Queensland

5,700
Drops
-6.9%
Median
744
Suburbs
Hardest hit suburbs
#1Surfers Paradise 4217111#2Southport 421579#3Caboolture 451060#4Port Douglas 487757#5Labrador 421548#6Morayfield 450648#7Robina 422646#8Palm Beach 422145#9Redbank Plains 430143#10Redland Bay 416542
Browse all QLD price drops

Victoria

6,931
Drops
-7.6%
Median
743
Suburbs
Hardest hit suburbs
#1Clyde North 3978100#2Melbourne 300093#3Point Cook 303092#4Berwick 380676#5Tarneit 302973#6Mount Eliza 393069#7Ocean Grove 322668#8Southbank 300662#9Frankston 319957#10Torquay 322855
Browse all VIC price drops

Western Australia

2,181
Drops
-7.2%
Median
343
Suburbs
Hardest hit suburbs
#1Baldivis 617160#2Mandurah 621037#3Dawesville 621134#4Gosnells 611033#5Halls Head 621033#6Canning Vale 615532#7Byford 612230#8Thornlie 610830#9Rockingham 616828#10Ellenbrook 606927
Browse all WA price drops

South Australia

831
Drops
-7.3%
Median
252
Suburbs
Hardest hit suburbs
#1Adelaide 500025#2Salisbury North 510817#3Andrews Farm 511417#4Munno Para West 511514#5Mount Barker 525114#6Hindmarsh Island 521412#7Morphett Vale 516212#8Murray Bridge 525312#9Munno Para 511511#10Blakeview 511410
Browse all SA price drops

Australian Capital Territory

411
Drops
-7.2%
Median
90
Suburbs
Hardest hit suburbs
#1Phillip 260622#2Braddon 261220#3Griffith 260316#4Kingston 260416#5Denman Prospect 261115#6City 260111#7Gungahlin 291210#8Dickson 260210#9Reid 261210#10Belconnen 261710
Browse all ACT price drops

Tasmania

197
Drops
-6.5%
Median
66
Suburbs
Hardest hit suburbs
#1Sandy Bay 700516#2North Hobart 700010#3Devonport 73109#4Blackmans Bay 70528#5Ulverstone 73158#6Hobart 70008#7Howrah 70187#8Launceston 72506#9Lauderdale 70215#10West Hobart 70005
Browse all TAS price drops

Northern Territory

86
Drops
-7.1%
Median
38
Suburbs
Hardest hit suburbs
#1Darwin City 080012#2Bakewell 08326#3Humpty Doo 08365#4Durack 08304#5Zuccoli 08324#6Rapid Creek 08103#7Parap 08203#8Bayview 08203#9Gunn 08322#10Virginia 08342
Browse all NT price drops

Asking Price Gap Index

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

39%
sold above asking
10,443
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 22,278 active asking price reductions across 4,822 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 4,822 suburbs, from metro areas to major regional cities. With 22,278 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 3101Camberwell 3124
Gold Coast
Broadbeach 4218Palm Beach 4221Surfers Paradise 4217
Sydney Inner City & West
Sydney 2000Barangaroo 2000Surry Hills 2010
Sydney Northern Beaches
Newport 2106Seaforth 2092Palm Beach 2108
Sydney North Shore
Mosman 2088Neutral Bay 2089Chatswood 2067
Sydney Eastern Suburbs
Paddington 2021Rose Bay 2029Double Bay 2028
Mornington Peninsula
Mount Eliza 3930Mount Martha 3934Sorrento 3943
Brisbane Premium
New Farm 4005Kangaroo Point 4169Hendra 4011
Noosa & Sunshine Coast
Noosa Heads 4567Noosaville 4566Tewantin 4565
Perth & Western Australia
South Perth 6151Perth 6000East Perth 6004
Adelaide & South Australia
Adelaide 5000Dulwich 5065Burnside 5066
Byron Bay & NSW North Coast
Byron Bay 2481Lennox Head 2478Ewingsdale 2481

Luxury rental price drops

Melbourne East & Bayside
Brighton 3186Kew 3101Camberwell 3124
Gold Coast
Broadbeach 4218Palm Beach 4221Surfers Paradise 4217
Sydney Inner City & West
Sydney 2000Barangaroo 2000Surry Hills 2010
Sydney Northern Beaches
Newport 2106Seaforth 2092Manly 2095
Sydney North Shore
Mosman 2088Neutral Bay 2089Chatswood 2067
Sydney Eastern Suburbs
Paddington 2021Rose Bay 2029Double Bay 2028
Mornington Peninsula
Blairgowrie 3942Rye 3941
Brisbane Premium
New Farm 4005Kangaroo Point 4169Hendra 4011
Noosa & Sunshine Coast
Noosa Heads 4567Noosaville 4566Tewantin 4565
Perth & Western Australia
South Perth 6151Perth 6000East Perth 6004
Adelaide & South Australia
Adelaide 5000Dulwich 5065Henley Beach 5022
Byron Bay & NSW North Coast
Byron Bay 2481Lennox Head 2478

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Australian property market

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

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