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  • Asking Price Gap Index
LIVE17,5132,008
Unit 1/5 Coryule Place, Kiama NSW 2533-$150K/2 Iris Street, Norlane VIC 3214-$85K/47 Waller Avenue, Newington VIC 3350-$191K/11 Mont Blanc Place, Mount Louisa QLD 4814-$180K/38 Wynnstay Road, Mount Eliza VIC 3930-$195K/3/20 Service Street, Mandurah WA 6210-$129K/13/20 Service Street, Mandurah WA 6210-$90K/9 Bell Gum Place, Lake Albert NSW 2650-$415K/35 Lakeside Drive, Lake Albert NSW 2650-$301K/54-56 John Street, Jimboomba QLD 4280-$200K/46 ALBERT STREET, Darley VIC 3340-$190K/97 Old Hume Highway, Camden, NSW 2570-$250K/35 Sky Royal Terrace, Burleigh Heads QLD 4220-$400K/63 Aurora Street, Box Hill, NSW 2765-$180K/57 Gladstone Street, Bellambi NSW 2518-$170K/2 East Ridge Street, Thornlands QLD 4164-$200K/62 Balmoral Rise, Wilton NSW 2571-$270K/10-14 Palm Grove Avenue, Tamborine Mountain QLD 4272-$190K/59 Mcclares Road, Vermont VIC 3133-$200K/60 Seaview Road, Tennyson SA 5022-$400K/3/14 Skytown Place, Queens Park WA 6107-$170K/305 Elizabeth Drive, Mount Pritchard NSW 2170-$200K/18/92-96 Allison Crescent, Menai NSW 2234-$170K/407/11-17 Cohen Place, Melbourne VIC 3000-$70K/18/15 Oasis Close, Manly West QLD 4179-$200K/13 Percival St, Lilyfield NSW 2040-$650K/4/847 Glenferrie Road, Kew VIC 3101-$300K/17 Arnell Street, Keperra QLD 4054-$375K/26 Madeline Street, Glen Iris, Vic 3146-$700K/39 Shoobridge Street, Glebe TAS 7000-$145K/202 Henry Lawson Drive, Georges Hall NSW 2198-$400K/27a Cutbush Road, Everton Park QLD 4053-$150K/2A Kendall Street, Essendon VIC 3040-$400K/8 Brinton Close, East Cannington WA 6107-$200K/5 Ascot Avenue, Dulwich SA 5065-$490K/65 Deep Creek Drive, Doncaster East VIC 3109-$380K/1/763 Doncaster Road, Doncaster VIC 3108-$170K/201/5 Wardens Walk, Coburg, Vic 3058-$95K/12/2 Bechert Road, Chiswick NSW 2046-$200K/24/99 Brookwater Drive, Brookwater QLD 4300-$195K/1/1 Inola Street, Brahma Lodge SA 5109-$149K/1 Jerry Bailey Road, Shoalhaven Heads NSW 2535-$440K/17 Tristan Street, Seymour VIC 3660-$159K/18 Watson Lane, Reesville QLD 4552-$255K/12 Mudlo St, Port Douglas, Qld 4877-$400K/13 Cemetery Road, Plainland QLD 4341-$212K/10-12 little gahan street, Pambula NSW 2549-$420K/20 Stringybark Place, Millingandi NSW 2549-$245K/5/12 Lascelles Terrace, Lorne VIC 3232-$405K/8 Skelly Road, Lidsdale NSW 2790-$130K/Unit 1/5 Coryule Place, Kiama NSW 2533-$150K/2 Iris Street, Norlane VIC 3214-$85K/47 Waller Avenue, Newington VIC 3350-$191K/11 Mont Blanc Place, Mount Louisa QLD 4814-$180K/38 Wynnstay Road, Mount Eliza VIC 3930-$195K/3/20 Service Street, Mandurah WA 6210-$129K/13/20 Service Street, Mandurah WA 6210-$90K/9 Bell Gum Place, Lake Albert NSW 2650-$415K/35 Lakeside Drive, Lake Albert NSW 2650-$301K/54-56 John Street, Jimboomba QLD 4280-$200K/46 ALBERT STREET, Darley VIC 3340-$190K/97 Old Hume Highway, Camden, NSW 2570-$250K/35 Sky Royal Terrace, Burleigh Heads QLD 4220-$400K/63 Aurora Street, Box Hill, NSW 2765-$180K/57 Gladstone Street, Bellambi NSW 2518-$170K/2 East Ridge Street, Thornlands QLD 4164-$200K/62 Balmoral Rise, Wilton NSW 2571-$270K/10-14 Palm Grove Avenue, Tamborine Mountain QLD 4272-$190K/59 Mcclares Road, Vermont VIC 3133-$200K/60 Seaview Road, Tennyson SA 5022-$400K/3/14 Skytown Place, Queens Park WA 6107-$170K/305 Elizabeth Drive, Mount Pritchard NSW 2170-$200K/18/92-96 Allison Crescent, Menai NSW 2234-$170K/407/11-17 Cohen Place, Melbourne VIC 3000-$70K/18/15 Oasis Close, Manly West QLD 4179-$200K/13 Percival St, Lilyfield NSW 2040-$650K/4/847 Glenferrie Road, Kew VIC 3101-$300K/17 Arnell Street, Keperra QLD 4054-$375K/26 Madeline Street, Glen Iris, Vic 3146-$700K/39 Shoobridge Street, Glebe TAS 7000-$145K/202 Henry Lawson Drive, Georges Hall NSW 2198-$400K/27a Cutbush Road, Everton Park QLD 4053-$150K/2A Kendall Street, Essendon VIC 3040-$400K/8 Brinton Close, East Cannington WA 6107-$200K/5 Ascot Avenue, Dulwich SA 5065-$490K/65 Deep Creek Drive, Doncaster East VIC 3109-$380K/1/763 Doncaster Road, Doncaster VIC 3108-$170K/201/5 Wardens Walk, Coburg, Vic 3058-$95K/12/2 Bechert Road, Chiswick NSW 2046-$200K/24/99 Brookwater Drive, Brookwater QLD 4300-$195K/1/1 Inola Street, Brahma Lodge SA 5109-$149K/1 Jerry Bailey Road, Shoalhaven Heads NSW 2535-$440K/17 Tristan Street, Seymour VIC 3660-$159K/18 Watson Lane, Reesville QLD 4552-$255K/12 Mudlo St, Port Douglas, Qld 4877-$400K/13 Cemetery Road, Plainland QLD 4341-$212K/10-12 little gahan street, Pambula NSW 2549-$420K/20 Stringybark Place, Millingandi NSW 2549-$245K/5/12 Lascelles Terrace, Lorne VIC 3232-$405K/8 Skelly Road, Lidsdale NSW 2790-$130K
NEW: Asking Price Gap Index

17,513 homes
got cheaper

across Australia

Biggest % drop
-50.3%
Ardross WA 6153
Biggest $ drop
-$3M
Broadbeach QLD 4218
Total active drops
17,513
423,587 listings scanned
Total $ wiped
-$1.79B
Across 4,558 suburbs

Latest property price drops

Across 4,558 suburbs in Australia

Today

Today
Unit 1/5 Coryule Place, Kiama NSW 2533
TOWNHOUSE421
-$150K$950K $800K
15.8%
Today
Unit 1/5 Coryule Place, Kiama NSW 2533
TOWNHOUSE421
-$150K
$950K $800K
15.8%

Yesterday

Yesterday
2 Iris Street, Norlane VIC 3214
HOUSE313
-$85K$550K $465K
15.5%
Yesterday
2 Iris Street, Norlane VIC 3214
HOUSE313
-$85K
$550K $465K
15.5%
Yesterday
47 Waller Avenue, Newington VIC 3350
HOUSE423
-$191K$1.24M $1.049M
15.4%
Yesterday
47 Waller Avenue, Newington VIC 3350
HOUSE423
-$191K
$1.24M $1.049M
15.4%
Yesterday
11 Mont Blanc Place, Mount Louisa QLD 4814
HOUSE423
-$180K$1.199M $1.019M
15.0%
Yesterday
11 Mont Blanc Place, Mount Louisa QLD 4814
HOUSE423
-$180K
$1.199M $1.019M
15.0%
Yesterday
38 Wynnstay Road, Mount Eliza VIC 3930
HOUSE422
-$195K$1.295M $1.1M
15.1%
Yesterday
38 Wynnstay Road, Mount Eliza VIC 3930
HOUSE422
-$195K
$1.295M $1.1M
15.1%
Yesterday
3/20 Service Street, Mandurah WA 6210
APARTMENT211
-$129K$549K $420K
23.5%
Yesterday
3/20 Service Street, Mandurah WA 6210
APARTMENT211
-$129K
$549K $420K
23.5%
Yesterday
13/20 Service Street, Mandurah WA 6210
APARTMENT211
-$90K$510K $420K
17.6%
Yesterday
13/20 Service Street, Mandurah WA 6210
APARTMENT211
-$90K
$510K $420K
17.6%
Yesterday
9 Bell Gum Place, Lake Albert NSW 2650
HOUSE433
-$415K$2.2M $1.785M
18.9%
Yesterday
9 Bell Gum Place, Lake Albert NSW 2650
HOUSE433
-$415K
$2.2M $1.785M
18.9%
Yesterday
35 Lakeside Drive, Lake Albert NSW 2650
HOUSE432
-$301K$1.85M $1.549M
16.3%
Yesterday
35 Lakeside Drive, Lake Albert NSW 2650
HOUSE432
-$301K
$1.85M $1.549M
16.3%
Yesterday
54-56 John Street, Jimboomba QLD 4280
HOUSE422
-$200K$1.149M $949K
17.4%
Yesterday
54-56 John Street, Jimboomba QLD 4280
HOUSE422
-$200K
$1.149M $949K
17.4%
Yesterday
46 ALBERT STREET, Darley VIC 3340
HOUSE211
-$190K$750K $560K
25.3%
Yesterday
46 ALBERT STREET, Darley VIC 3340
HOUSE211
-$190K
$750K $560K
25.3%
Yesterday
97 Old Hume Highway, Camden, NSW 2570
HOUSE423
-$250K$1.375M $1.125M
18.2%
Yesterday
97 Old Hume Highway, Camden, NSW 2570
HOUSE423
-$250K
$1.375M $1.125M
18.2%
Yesterday
35 Sky Royal Terrace, Burleigh Heads QLD 4220
HOUSE422
-$400K$2.3M $1.9M
17.4%
Yesterday
35 Sky Royal Terrace, Burleigh Heads QLD 4220
HOUSE422
-$400K
$2.3M $1.9M
17.4%
Yesterday
63 Aurora Street, Box Hill, NSW 2765
TOWNHOUSE432
-$180K$1.2M $1.02M
15.0%
Yesterday
63 Aurora Street, Box Hill, NSW 2765
TOWNHOUSE432
-$180K
$1.2M $1.02M
15.0%
Yesterday
57 Gladstone Street, Bellambi NSW 2518
HOUSE211
-$170K$1.1M $930K
15.5%
Yesterday
57 Gladstone Street, Bellambi NSW 2518
HOUSE211
-$170K
$1.1M $930K
15.5%
Yesterday
2 East Ridge Street, Thornlands QLD 4164
HOUSE422
-$200K$1.2M $1M
16.7%
Yesterday
2 East Ridge Street, Thornlands QLD 4164
HOUSE422
-$200K
$1.2M $1M
16.7%
Yesterday
62 Balmoral Rise, Wilton NSW 2571
HOUSE422
-$270K$1.45M $1.18M
18.6%
Yesterday
62 Balmoral Rise, Wilton NSW 2571
HOUSE422
-$270K
$1.45M $1.18M
18.6%
Yesterday
10-14 Palm Grove Avenue, Tamborine Mountain QLD 4272
HOUSE322
-$190K$1.19M $1M
16.0%
Yesterday
10-14 Palm Grove Avenue, Tamborine Mountain QLD 4272
HOUSE322
-$190K
$1.19M $1M
16.0%
Yesterday
59 Mcclares Road, Vermont VIC 3133
HOUSE312
-$200K$1.2M $1M
16.7%
Yesterday
59 Mcclares Road, Vermont VIC 3133
HOUSE312
-$200K
$1.2M $1M
16.7%
Yesterday
60 Seaview Road, Tennyson SA 5022
HOUSE434
-$400K$2.5M $2.1M
16.0%
Yesterday
60 Seaview Road, Tennyson SA 5022
HOUSE434
-$400K
$2.5M $2.1M
16.0%
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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

5,262
Drops
-6.5%
Median
1,159
Suburbs
Hardest hit suburbs
#1Port Macquarie 244446#2Sydney 200041#3Bowral 257640#4Castle Hill 215437#5Forster 242836#6Moss Vale 257731#7Wollongong 250031#8Dee Why 209931#9Box Hill 276530#10Coffs Harbour 245029
Browse all NSW price drops

Queensland

3,598
Drops
-6.4%
Median
604
Suburbs
Hardest hit suburbs
#1Surfers Paradise 421779#2Southport 421538#3Port Douglas 487737#4Palm Beach 422135#5Caboolture 451033#6Robina 422633#7Redland Bay 416532#8Labrador 421532#9Hervey Bay 465530#10Broadbeach 421829
Browse all QLD price drops

Victoria

6,050
Drops
-7.1%
Median
678
Suburbs
Hardest hit suburbs
#1Clyde North 397898#2Melbourne 300096#3Point Cook 303092#4Ocean Grove 322677#5Frankston 319962#6Southbank 300658#7Doncaster 310857#8Berwick 380657#9Mount Eliza 393057#10Tarneit 302952
Browse all VIC price drops

Western Australia

1,472
Drops
-6.8%
Median
281
Suburbs
Hardest hit suburbs
#1Baldivis 617144#2Thornlie 610831#3Halls Head 621029#4Ellenbrook 606928#5Aveley 606926#6Rockingham 616823#7Gosnells 611019#8Piara Waters 611219#9Wellard 617019#10Mandurah 621019
Browse all WA price drops

South Australia

585
Drops
-7.0%
Median
217
Suburbs
Hardest hit suburbs
#1Adelaide 500021#2Morphett Vale 516213#3Murray Bridge 525311#4Somerton Park 504410#5Encounter Bay 52119#6Andrews Farm 51147#7Glenelg North 50457#8Elizabeth Downs 51137#9Hindmarsh Island 52147#10Victor Harbor 52117
Browse all SA price drops

Australian Capital Territory

362
Drops
-6.9%
Median
83
Suburbs
Hardest hit suburbs
#1Phillip 260623#2Braddon 261219#3Griffith 260315#4Kingston 260415#5Canberra 260011#6O'Connor 260210#7Franklin 291310#8Gungahlin 29129#9Dickson 26029#10Harrison 29149
Browse all ACT price drops

Tasmania

128
Drops
-6.3%
Median
43
Suburbs
Hardest hit suburbs
#1Sandy Bay 700513#2New Town 70088#3Hobart 70007#4North Hobart 70006#5Launceston 72506#6Taroona 70535#7Blackmans Bay 70525#8Ulverstone 73155#9Lindisfarne 70154#10Mount Stuart 70004
Browse all TAS price drops

Northern Territory

56
Drops
-6.5%
Median
29
Suburbs
Hardest hit suburbs
#1Darwin City 08008#2Larrakeyah 08206#3Howard Springs 08354#4Woodroffe 08303#5Parap 08202#6Wanguri 08102#7Coconut Grove 08102#8Karama 08122#9Jingili 08102#10Rosebery 08322
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
9,880
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 17,513 active asking price reductions across 4,558 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 4,558 suburbs, from metro areas to major regional cities. With 17,513 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 3101Melbourne 3000
Gold Coast
Surfers Paradise 4217Palm Beach 4221Paradise Point 4216
Sydney Inner City & West
Sydney 2000Barangaroo 2000Woolloomooloo 2011
Sydney Eastern Suburbs
Darling Point 2027Paddington 2021Bondi 2026
Sydney Northern Beaches
Seaforth 2092Manly 2095Collaroy 2097
Sydney North Shore
Mosman 2088Wahroonga 2076Chatswood 2067
Brisbane Premium
New Farm 4005Kangaroo Point 4169Hamilton 4007
Mornington Peninsula
Mount Eliza 3930Mount Martha 3934Blairgowrie 3942
Noosa & Sunshine Coast
Noosa Heads 4567Sunrise Beach 4567Noosaville 4566
Perth & Western Australia
East Perth 6004South Perth 6151Nedlands 6009
Adelaide & South Australia
Adelaide 5000Toorak Gardens 5065Tennyson 5022
Byron Bay & NSW North Coast
Byron Bay 2481Lennox Head 2478Ewingsdale 2481

Luxury rental price drops

Melbourne East & Bayside
Brighton 3186Kew 3101Melbourne 3000
Gold Coast
Surfers Paradise 4217Palm Beach 4221Paradise Point 4216
Sydney Inner City & West
Sydney 2000Barangaroo 2000Woolloomooloo 2011
Sydney Eastern Suburbs
Darling Point 2027Paddington 2021Bondi 2026
Sydney Northern Beaches
Seaforth 2092Manly 2095Collaroy 2097
Sydney North Shore
Mosman 2088Wahroonga 2076Chatswood 2067
Brisbane Premium
New Farm 4005Kangaroo Point 4169Hamilton 4007
Mornington Peninsula
Mount Martha 3934Blairgowrie 3942Sorrento 3943
Noosa & Sunshine Coast
Noosa Heads 4567Sunrise Beach 4567
Perth & Western Australia
East Perth 6004South Perth 6151Nedlands 6009
Adelaide & South Australia
Adelaide 5000Toorak Gardens 5065Tennyson 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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