20 Apr - 26 Apr 2026
Reddit discussion

Apr 20 - 26: 1,993 new price drops across Australia (~$135M in reductions)

Sale drops
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Median -
Sale rises
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Median -
Suburbs
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Properties
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Breakdown by state

StateSuburbsDropsAvg dropRisesAvg riseTop suburbs
NSW2654125.0%866.1%Austral (↓8), Coffs Harbour (↓7), Castle Hill (↓6)
VIC3339785.2%2337.5%Melbourne (↓24), Southbank (↓17), Truganina (↓13)
QLD1832565.3%466.0%Harrisville (↓11), Karalee (↓8), Caboolture (↓4)
WA1081665.3%368.8%Gosnells (↓8), Falcon (↓6), Baldivis (↓4)
SA741054.7%363.7%Mawson Lakes (↓4), Munno Para West (↓4), Glen Osmond (↓3)
ACT561383.8%124.7%Phillip (↓15), Kingston (↓7), Bruce (↓6)
TAS25315.8%16.2%New Town (↓3), Kingston Beach (↓2), Devonport (↓2)
NT675.9%210.8%Darwin City (↓2), Bayview (↓1), Cullen Bay (↓1)

Top 10 biggest drops across Australia

AddressBedsTypeWasNowDrop%
35 Cox Rd, Norlane VIC2House$650K$450K-$200K-31%
34 Dominion Dr, Burnside VIC4House$1.55M$1.1M-$450K-29%
2 Judith Ct, Doncaster VIC4House$1.6M$1.2M-$400K-25%
31 Collendina Rd, Gwandalan NSW4House$1.15M$880K-$270K-24%
108B Renou St, East Cannington WA3House$900K$699K-$201K-22%
2/82-84 Abel Smith Parade, Mount Isa QLD2Apt$210K$170K-$40K-19%
31 Ruby St, Donvale VIC6House$2.95M$2.4M-$550K-19%
1101/182-192 Marine Parade, Labrador QLD1Apt$950K$780K-$170K-18%
915 Nettleton Rd, Karrakup WA5House$2M$1.65M-$349K-17%
8/95 Victoria Rd, Punchbowl NSW3Apt$655K$545K-$110K-17%

Top 10 biggest rises across Australia

AddressBedsTypeWasNowRise%
8 & 10 Fairfield St, Cranbourne VIC6House$1.98M$2.89M+$915K+46%
178 Larsen Rd, Byford WA6House$2M$2.85M+$850K+43%
128 Charlotte St, Brisbane QLD2Apt$650K$895K+$245K+38%
11/15 Wellington St, Bondi NSW2Apt$1.05M$1.4M+$350K+33%
8 Solingen Way, Piara Waters WA5House$1M$1.25M+$249K+25%
102 Walpole St, Kew VIC5House$3M$3.69M+$685K+23%
175 Morris St, Sunshine VIC4House$750K$920K+$170K+23%
37 Nepean Ave, Hampton East VIC4House$980K$1.2M+$220K+22%
45 Bourke Rd, Oakleigh South VIC4House$990K$1.2M+$210K+21%
1/49-51 The Causeway, Maroubra NSW2Apt$1.15M$1.43M+$275K+24%

Top 10 biggest drops in NSW

AddressBedsTypeWasNowDrop%
32/2 Greenknowe Ave, Elizabeth Bay-Apt$600K$450K-$150K-25%
31 Collendina Rd, Gwandalan4House$1.15M$880K-$270K-24%
623 & 624/58-62 Delhi Rd, Macquarie Park2Apt$600K$480K-$120K-20%
8/95 Victoria Rd, Punchbowl3Apt$655K$545K-$110K-17%
28A Ian Ave, North Curl Curl4House$6M$5M-$1M-17%
43 Dudley St, Bondi4House$6M$5M-$1M-17%
12 Martin St, Emu Plains4House$1.18M$990K-$189K-16%
1 Bellingara Rd, Sylvania5House$1.9M$1.6M-$300K-16%
409/151 Military Rd, Neutral Bay2Apt$1.6M$1.35M-$250K-16%
21&22/30 Marine Parade, The Entrance5Apt$1.85M$1.58M-$275K-15%

Top 10 biggest drops in VIC

AddressBedsTypeWasNowDrop%
35 Cox Rd, Norlane2House$650K$450K-$200K-31%
34 Dominion Dr, Burnside4House$1.55M$1.1M-$450K-29%
2 Judith Ct, Doncaster4House$1.6M$1.2M-$400K-25%
31 Ruby St, Donvale6House$2.95M$2.4M-$550K-19%
48 Seaford Rd, Seaford4House$1.2M$1M-$200K-17%
34 Bakewell St, Cranbourne3House$1.2M$1M-$200K-17%
50 Dublin Ave, Strathmore6House$3.1M$2.6M-$500K-16%
7 Fernery Lane, Frankston4House$2.5M$2.1M-$400K-16%
5 Moore St, Hawthorn5House$9.5M$8M-$1.5M-16%
120 Sunset Dr, Chirnside Park5House$3.2M$2.7M-$500K-16%

Top 10 biggest drops in QLD

AddressBedsTypeWasNowDrop%
2/82-84 Abel Smith Parade, Mount Isa2Apt$210K$170K-$40K-19%
1101/182-192 Marine Parade, Labrador1Apt$950K$780K-$170K-18%
81 Sutton St, Redcliffe2Apt$1.2M$995K-$200K-17%
27 Spencer St, The Range4House$599K$500K-$99K-17%
1506/25-31 East Quay Dr, Biggera Waters2Apt$999K$849K-$150K-15%
31 Park St, Charters Towers3House$575K$500K-$75K-13%
128 Palm Beach Rd, Russell Island3House$900K$790K-$110K-12%
19 Mount Jagged St, Deeragun4House$679K$600K-$79K-12%
38 Glen Eagles Dr, Robina5House$1.8M$1.6M-$200K-11%
22 Glenbrook Ave, Victoria Point4House$1.29M$1.15M-$140K-11%

Top 10 biggest rises in NSW

AddressBedsTypeWasNowRise%
11/15 Wellington St, Bondi2Apt$1.05M$1.4M+$350K+33%
1/49-51 The Causeway, Maroubra2Apt$1.15M$1.43M+$275K+24%
3/119-135 Church St, Camperdown2Apt$1M$1.23M+$230K+23%
2/14 Denning St, Petersham2Apt$880K$1.06M+$180K+21%
8 Torbreck St, Minto4House$1.05M$1.25M+$200K+19%
7/330 Edgecliff Rd, Woollahra2Apt$1.35M$1.6M+$247K+18%
8/15 Marsden St, Granville1Apt$420K$495K+$75K+18%
2/481 Old South Head Rd, Rose Bay-Apt$590K$695K+$105K+18%
39 Kintore St, Dulwich Hill2House$1.8M$2.12M+$315K+18%
405/1A Hill St, Dulwich Hill2Apt$1.2M$1.4M+$200K+17%

Top 10 biggest rises in VIC

AddressBedsTypeWasNowRise%
8 & 10 Fairfield St, Cranbourne6House$1.98M$2.89M+$915K+46%
102 Walpole St, Kew5House$3M$3.69M+$685K+23%
175 Morris St, Sunshine4House$750K$920K+$170K+23%
37 Nepean Ave, Hampton East4House$980K$1.2M+$220K+22%
45 Bourke Rd, Oakleigh South4House$990K$1.2M+$210K+21%
3/5 Stornoway Rd, Camberwell3Apt$900K$1.08M+$180K+20%
27 Jacaranda Ave, Cheltenham3House$1M$1.2M+$200K+20%
26 Olympic Parade, Clyde5House$639K$759K+$120K+19%
25-27 Lynnwood Parade, Templestowe Lower6House$2.9M$3.4M+$500K+17%
2A Rich St, Noble Park4House$810K$947K+$137K+17%

Top 10 biggest rises in QLD

AddressBedsTypeWasNowRise%
128 Charlotte St, Brisbane2Apt$650K$895K+$245K+38%
37 Arundell Ave, Nambour3House$1.07M$1.29M+$225K+21%
129 Spoonbill St, Longreach-House$200K$240K+$40K+20%
1724/2-10 Greenslopes St, Cairns North2Apt$400K$480K+$80K+20%
113 New Rd, Park Ridge4House$840K$936K+$97K+12%
1102/9-11 Garfield Terrace, Surfers Paradise3Apt$4.64M$5.05M+$415K+9%
4/31 Gold St, Mackay2Apt$400K$435K+$35K+9%
183 Glenview Rd, Glenview3House$2M$2.15M+$150K+8%
1109/101 Esplanade, Cairns City2Apt$800K$860K+$60K+8%

Key observations

  • VIC is still the discount capital: 978 new drops this week, averaging 5.2%. Melbourne CBD added 24 new drops, Southbank added 17
  • WA making its debut with 166 drops and some of the biggest rises in the country: Byford +$850K, Piara Waters +$249K
  • Premium end is still moving: Hawthorn dropped $1.5M, North Curl Curl and Bondi both dropped $1M
  • Rise activity is concentrated in apartments: 6 of the top 10 rises are apartments, suggesting sellers in that segment are more willing to test higher prices
  • ACT has the highest drop-to-rise ratio at 11.5:1, with Phillip alone accounting for 15 drops