NEWDropBee Chrome extension is here!See price drops directly from your favourite real estate websites.Try it now for free
DROPBEE
  • Outbid
  • Asking Price Gap Index
24 Aug - 30 Aug 2026

This week (24 Aug - 30 Aug) in property price drops and rises across Australia

Sale drops
1,179
Median 6.0%
Sale rises
148
Median 6.2%
Suburbs
4,596
Properties
445K
Rent drops
691
Median 6.5%
Rent rises
93
Median 10.0%
Suburbs
4,059
Properties
381K

This week highlights

  • Biggest % drop (sales): -36.4% (2001/3 River Drive, Surfers Paradise QLD, $4.95M › $3.15M)
  • Biggest $ drop (sales): -$1.80M (2001/3 River Drive, Surfers Paradise QLD, $4.95M › $3.15M, -36.4%)
  • Biggest % drop (rentals): -45.8% (4/1 Girvin Place, East Jindabyne NSW, $1,200/w › $650/w, -$550/w)
  • Biggest $ drop (rentals): -$550/w (4/1 Girvin Place, East Jindabyne NSW, $1,200/w › $650/w, -45.8%)
  • Total new drops: 1,179 (sales) / 691 (rentals)
  • Total new rises: 148 (sales) / 93 (rentals)
  • Median drop: 6.0% (sales) / 6.5% (rentals)
  • Median rise: 6.2% (sales) / 10.0% (rentals)

Sales breakdown by state

StateDropsMedian ↓RisesMedian ↑SuburbsHardest hit suburbs
NSW3295.7%526.0%248Armidale (↓4), Castle Hill (↓4), Cronulla (↓4)
QLD3265.8%145.0%216Hervey Bay (↓19), Kawana Waters (↓7), Oxenford (↓5)
VIC3056.5%686.7%202Kew (↓5), Mount Martha (↓5), Northcote (↓5)
WA1465.9%98.3%104Alkimos (↓5), Baldivis (↓5), Como (↓5)
SA486.7%33.9%39-
ACT135.3%16.2%12-
TAS76.1%0-6-
NT55.6%115.6%5-

Rental breakdown by state

StateDropsMedian ↓RisesMedian ↑SuburbsHardest hit suburbs
NSW3805.9%389.6%206Zetland (↓20), Waterloo (↓13), Macquarie Park (↓9)
VIC1307.1%1711.1%91Southbank (↓7), Melbourne (↓6), Carlton (↓3)
QLD1047.1%2511.1%80Clayfield (↓6), Surfers Paradise (↓4), Broadbeach Waters (↓3)
WA487.1%79.5%38Perth (↓4)
SA177.1%56.6%13Adelaide (↓4)
ACT66.8%110.0%5-
NT56.3%0-5-
TAS18.3%0-1-

Top 10 biggest sales drops across Australia

#AddressTypeWasNowDrop%Held
12001/3 River Drive, Surfers Paradise QLD 4217Apt$4.95M$3.15M-$1.80M-36.4%114d
28 Young Street, Kew VIC 3101House$4.29M$2.85M-$1.44M-33.6%34d
320 Moreton Street, Toogoom, Qld 4655House$2.50M$1.75M-$750K-30.0%98d
415 King Street, Chinchilla, Qld 4413House$350K$250K-$100K-28.6%20d
54 Allen Court, Queens Park, WA 6107House$1.30M$949K-$351K-27.0%5d
64 Wagaman Terrace, Wagaman NT 0810House$780K$580K-$200K-25.6%2d
76 Cherie Place, Bass Hill NSW 2197House$1.70M$1.30M-$400K-23.5%41d
87 Roadknight Street, Lakes Entrance VIC 3909House$1.50M$1.15M-$350K-23.3%49d
91301/89 Surf Parade, Broadbeach QLD 4218Apt$2.10M$1.65M-$450K-21.4%26d
1030 Pearsons Road, Trentham VIC 3458House$3.60M$2.85M-$750K-20.8%86d

Top 10 biggest rental drops across Australia

#AddressTypeWasNowDrop%Held
14/1 Girvin Place, East Jindabyne, NSW 2627Apt$1,200/w$650/w-$550/w-45.8%99d
260 Sagittarius Circuit, Box Hill, NSW 2765House$1,200/w$690/w-$510/w-42.5%6d
32/35 Jerarra Drive, East Jindabyne NSW 2627Apt$650/w$400/w-$250/w-38.5%124d
42/20 Duffy Street, Essendon North VIC 3041Townhouse$800/w$500/w-$300/w-37.5%11d
56 Todwick Cose, Farley, NSW 2320House$610/w$400/w-$210/w-34.4%5d
688 Castleton Crescent, Gowrie, ACT 2904House$650/w$480/w-$170/w-26.2%4d
7280 Cookes Rd, Doreen, Vic 3754House$450/w$350/w-$100/w-22.2%40d
8288 Bayview Street, Hollywell, Qld 4216House$900/w$700/w-$200/w-22.2%42d
98 Tallon Street, Bundaberg North, Qld 4670House$550/w$430/w-$120/w-21.8%15d
105/22 Feltwell Street, Sunnybank, Qld 4109Apt$420/w$330/w-$90/w-21.4%53d

Top 10 biggest drops in VIC

#AddressTypeWasNowDrop%Held
18 Young Street, Kew 3101House$4.29M$2.85M-$1.44M-33.6%34d
27 Roadknight Street, Lakes Entrance 3909House$1.50M$1.15M-$350K-23.3%49d
330 Pearsons Road, Trentham 3458House$3.60M$2.85M-$750K-20.8%86d
432 Walker Street, Doncaster 3108House$3.75M$3M-$750K-20.0%147d
598 Canterbury Jetty Road, Blairgowrie 3942House$1.50M$1.20M-$300K-20.0%138d
628 Times Street, Kalkallo 3064House$640K$518K-$122K-19.0%3d
753 Hargraves Street, Castlemaine 3450House$1.19M$995K-$195K-16.4%128d
812/12 Sydney Street, Cheltenham, Vic 3192Apt$820K$690K-$130K-15.9%20d
94/151 Neerim Road, Glen Huntly, Vic 3163Townhouse$1.05M$890K-$160K-15.2%19d
1027 Bloomfield Avenue, Maribyrnong 3032House$1.50M$1.28M-$220K-14.7%7d
View all VIC sales drops ›

Top 10 biggest drops in NSW

#AddressTypeWasNowDrop%Held
16 Cherie Place, Bass Hill 2197House$1.70M$1.30M-$400K-23.5%41d
213 Nangunia Street, Barooga, 3644House$440K$360K-$80K-18.2%40d
318 Heritage Court, Suffolk Park 2481House$2M$1.65M-$350K-17.5%121d
410/750 Pacific Highway, Lake Munmorah 2259Apt$600K$500K-$100K-16.7%68d
517 Murchison Street, St Ives 2075House$2.15M$1.80M-$350K-16.3%71d
649 Lincoln Drive, Cambridge Park, 2747House$849K$719K-$130K-15.3%3d
7231 Rainbow Street, South Coogee 2034House$4.70M$4M-$700K-14.9%104d
8284 Rusden Street, Armidale 2350House$480K$410K-$70K-14.6%6d
929 Pass Avenue, Thirroul, 2515House$2.10M$1.80M-$301K-14.3%26d
1042 The Acres Way, Tahmoor 2573House$3.50M$3M-$500K-14.3%141d
View all NSW sales drops ›

Top 10 biggest drops in QLD

#AddressTypeWasNowDrop%Held
12001/3 River Drive, Surfers Paradise 4217Apt$4.95M$3.15M-$1.80M-36.4%114d
220 Moreton Street, Toogoom, Qld 4655House$2.50M$1.75M-$750K-30.0%98d
315 King Street, Chinchilla, Qld 4413House$350K$250K-$100K-28.6%20d
41301/89 Surf Parade, Broadbeach 4218Apt$2.10M$1.65M-$450K-21.4%26d
515 Hemmant Tingalpa Road, Hemmant 4174House$960K$795K-$165K-17.2%49d
674/29-39 Woodroffe Avenue, Main Beach, Qld 4217Apt$3.55M$3M-$550K-15.5%116d
72033/1 The Vistas Drive, Carrara 4211House$1.65M$1.40M-$250K-15.2%130d
830 Studio Drive, Oxenford 4210House$1.18M$1M-$179K-15.2%135d
916 Poinciana Boulevard, Broadbeach Waters, Qld 4218House$1.99M$1.70M-$295K-14.8%15d
1035/9 Flora Street, Stones Corner 4120Apt$1.70M$1.45M-$250K-14.7%75d
View all QLD sales drops ›

Top 10 biggest drops in WA

#AddressTypeWasNowDrop%Held
14 Allen Court, Queens Park, 6107House$1.30M$949K-$351K-27.0%5d
255 Mustang Road, Champion Lakes, 6111House$2M$1.70M-$300K-15.0%20d
332 Ponderosa Road, Aubin Grove, 6164House$1.15M$1M-$150K-13.0%101d
4400 Bulwer Street, West Perth, 6005House$1.35M$1.20M-$150K-11.1%41d
517 Gemsarna Crescent, Kelmscott, 6111House$899K$799K-$100K-11.1%6d
69 Utting Lane, Willagee, 6156House$1.79M$1.59M-$200K-11.1%36d
72/23A Karoo Street, South Perth 6151House$1.09M$975K-$120K-11.0%45d
822A Acapulco Way, Southern River, 6110House$899K$800K-$99K-11.0%62d
929/98 Mandurah Terrace, Mandurah 6210Apt$369K$329K-$40K-10.8%84d
1042 Eastern Road, Geraldton 6530House$669K$599K-$70K-10.5%73d
View all WA sales drops ›

Top 10 biggest drops in SA

#AddressTypeWasNowDrop%Held
15 Karapas Court, Lewiston 5501House$1.75M$1.50M-$255K-14.6%6d
24 Brindisi Road, Hackham West 5163House$699K$599K-$100K-14.3%14d
3Unit 9/17 Mortimer Street, Kurralta Park, 5037Apt$590K$520K-$70K-11.9%24d
4135 Beovich Road, Ingle Farm 5098House$730K$650K-$80K-11.0%16d
543A Redward Ave, Greenacres, 5086House$1.10M$980K-$120K-10.9%13d
643A Redward Ave, Greenacres 5086House$1.10M$980K-$120K-10.9%11d
718 Amport Street, Elizabeth North, 5113House$540K$485K-$55K-10.2%6d
810 Wharfdale Lane, Mawson Lakes 5095House$1.09M$980K-$110K-10.1%21d
952 Esmond Street, Hyde Park, 5061House$2.20M$1.98M-$220K-10.0%14d
1020 Swinburne Avenue, Plympton Park, 5038House$1.10M$995K-$105K-9.5%66d
View all SA sales drops ›

Top 10 biggest rental drops in VIC

#AddressTypeWasNowDrop%Held
12/20 Duffy Street, Essendon North 3041Townhouse$800/w$500/w-$300/w-37.5%11d
2280 Cookes Rd, Doreen, Vic 3754House$450/w$350/w-$100/w-22.2%40d
3405N/883 Collins St, Docklands, Vic 3008Apt$570/w$450/w-$120/w-21.1%40d
435 Barkers Road, Kew, Vic 3101House$1,000/w$800/w-$200/w-20.0%4d
56 Lucan Walk, Donnybrook, Vic 3064House$580/w$470/w-$110/w-19.0%5d
61512/1 Freshwater Place, Southbank 3006Apt$1,400/w$1,146/w-$254/w-18.1%15d
71802/1 Freshwater Place, Southbank 3006Apt$1,100/w$913/w-$187/w-17.0%15d
85605/1 Queensbridge Square, Southbank, Vic 3006Apt$3,300/w$2,750/w-$550/w-16.7%34d
911 Booker Place, Armstrong Creek, Vic 3217House$300/w$250/w-$50/w-16.7%9d
1050 St Kinnord Street, Aberfeldie, Vic 3040House$1,750/w$1,500/w-$250/w-14.3%20d
View all VIC rental drops ›

Top 10 biggest rental drops in NSW

#AddressTypeWasNowDrop%Held
14/1 Girvin Place, East Jindabyne, 2627Apt$1,200/w$650/w-$550/w-45.8%99d
260 Sagittarius Circuit, Box Hill, 2765House$1,200/w$690/w-$510/w-42.5%6d
32/35 Jerarra Drive, East Jindabyne 2627Apt$650/w$400/w-$250/w-38.5%124d
46 Todwick Cose, Farley, 2320House$610/w$400/w-$210/w-34.4%5d
517B Meeson Street, Claymore 2559Apt$490/w$390/w-$100/w-20.4%2d
610/359 Concord Rd, Concord, 2137Apt$1,200/w$990/w-$210/w-17.5%42d
78/38 Pleasant Avenue, North Wollongong, 2500Apt$685/w$570/w-$115/w-16.8%4d
847 Binalong Avenue, Allambie Heights, 2100House$1,200/w$1,000/w-$200/w-16.7%4d
9503/38 Ocean Street, Bondi 2026Apt$1,800/w$1,500/w-$300/w-16.7%2d
101/50 Railway Avenue, Gunnedah, 2380Apt$440/w$370/w-$70/w-15.9%97d
View all NSW rental drops ›

Top 10 biggest rental drops in QLD

#AddressTypeWasNowDrop%Held
1288 Bayview Street, Hollywell, Qld 4216House$900/w$700/w-$200/w-22.2%42d
28 Tallon Street, Bundaberg North, Qld 4670House$550/w$430/w-$120/w-21.8%15d
35/22 Feltwell Street, Sunnybank, Qld 4109Apt$420/w$330/w-$90/w-21.4%53d
46B Derby Street, Hendra 4011House$2,495/w$1,995/w-$500/w-20.0%15d
555 Webster Avenue, Hendra, Qld 4011House$1,280/w$1,050/w-$230/w-18.0%8d
680 Hawthorn Circuit, Stretton 4116House$2,300/w$1,900/w-$400/w-17.4%4d
79/21 The Esplanade, Maroochydore 4558Apt$1,200/w$1,000/w-$200/w-16.7%51d
829 Headrick Street, Manunda, Qld 4870House$900/w$750/w-$150/w-16.7%63d
9148 Ipswich Road, Woolloongabba, Qld 4102Apt$385/w$325/w-$60/w-15.6%15d
102A Bellevue Crescent, Edge Hill, Qld 4870House$1,300/w$1,100/w-$200/w-15.4%3d
View all QLD rental drops ›

Top 10 biggest rental drops in WA

#AddressTypeWasNowDrop%Held
119A Brown Street, Claremont, 6010House$1,200/w$1,000/w-$200/w-16.7%6d
23/142 Alexander Road, Rivervale, 6103Townhouse$1,100/w$950/w-$150/w-13.6%4d
330 Adam Road, South Bunbury, 6230House$720/w$630/w-$90/w-12.5%6d
43/82 Forrest Street, South Perth, 6151Townhouse$1,250/w$1,100/w-$150/w-12.0%4d
515 Sandcastle Street, Yanchep 6035House$850/w$750/w-$100/w-11.8%4d
62501/1 Geoffrey Bolton Avenue, Perth, 6000Apt$1,700/w$1,500/w-$200/w-11.8%8d
786 Drew Street, Spalding, 6530House$560/w$500/w-$60/w-10.7%4d
81043 Wanneroo Road, Wanneroo 6065House$780/w$700/w-$80/w-10.3%4d
960 Warrilow Loop, Canning Vale, 6155House$1,050/w$950/w-$100/w-9.5%4d
1040 Honeyeater Cres, Geographe, 6280House$875/w$800/w-$75/w-8.6%70d
View all WA rental drops ›

Top 10 biggest rental drops in SA

#AddressTypeWasNowDrop%Held
1381 McBryde Terrace, Whyalla Norrie, 5608House$360/w$300/w-$60/w-16.7%4d
29C Winchester Avenue, Hove 5048Townhouse$1,200/w$1,000/w-$200/w-16.7%15d
320 Leonore Avenue, Kensington Gardens 5068House$1,400/w$1,200/w-$200/w-14.3%15d
4Unit 8/23 Seaview Road, West Beach 5024Apt$570/w$500/w-$70/w-12.3%15d
53/48 Argyle Avenue, Marleston 5033Apt$550/w$490/w-$60/w-10.9%4d
64/12-20 Cromwell Street, Adelaide, 5000Apt$750/w$680/w-$70/w-9.3%4d
78 Hocking Place, Adelaide, 5000House$990/w$900/w-$90/w-9.1%5d
84 Chaddenwick Road, Elizabeth Vale, 5112House$600/w$550/w-$50/w-8.3%15d
91 12 Toms Court, Adelaide, 5000Townhouse$850/w$790/w-$60/w-7.1%9d
101/25 Archerfield Avenue, Christies Beach, 5165House$700/w$650/w-$50/w-7.1%4d
View all SA rental drops ›

Top 10 biggest sales rises across Australia

#AddressTypeWasNowRise%Held
19A Renoir Avenue, Templestowe, Vic 3106House$1.88M$2.50M+$620K+33.0%65d
24 BUNKER Mews, Yarrawonga, Vic 3730House$622K$820K+$198K+31.9%104d
317 Victoria Street, Drouin VIC 3818House$470K$600K+$130K+27.7%100d
41701/11 Barrack Square, Perth WA 6000Apt$1.55M$1.95M+$400K+25.8%36d
58/799 Princes Highway, Springvale, Vic 3171Apt$290K$350K+$60K+20.7%19d
66/390-392 Russell Street, Melbourne VIC 3000Apt$745K$899K+$154K+20.7%98d
738 Blackburn Street, Lalor, Vic 3075House$840K$1M+$160K+19.0%10d
811/53 King Street, Wollstonecraft NSW 2065Apt$1.10M$1.29M+$190K+17.3%17d
93/112 North Steyne, Manly NSW 2095Apt$3.85M$4.50M+$650K+16.9%142d
1040 Koolpinyah Crescent, Tiwi, NT 0810House$649K$750K+$101K+15.6%7d

Top 10 biggest rental rises across Australia

#AddressTypeWasNowRise%Held
11514-1/8 Park Lane, Chippendale, NSW 2008Apt$900/w$1,400/w+$500/w+55.6%99d
214 Coolidge Court, Stretton QLD 4116House$600/w$900/w+$300/w+50.0%98d
325 Stevenson Street, Nailsworth SA 5083House$1,040/w$1,490/w+$450/w+43.3%21d
44/20 Orana St, Redbank Plains, Qld 4301House$250/w$350/w+$100/w+40.0%5d
5R5/359 Moggill Road, Indooroopilly, Qld 4068Apt$230/w$320/w+$90/w+39.1%15d
64/93-95 North Steyne, Manly NSW 2095Apt$1,900/w$2,600/w+$700/w+36.8%114d
700/30 Cliff Street, Manly, NSW 2095Apt$1,400/w$1,800/w+$400/w+28.6%102d
89 Wambiri Court, Jane Brook, WA 6056House$680/w$850/w+$170/w+25.0%4d
9173 West Street, Crows Nest NSW 2065Apt$800/w$1,000/w+$200/w+25.0%3d
1014/244 William Street, Potts Point, NSW 2011Apt$600/w$750/w+$150/w+25.0%5d

Key observations

  • Sales drops hit 1,179, up 4% on last week and the third straight rise, while rental drops recovered to 691 (from 531). NSW (330), QLD (325) and VIC (303) are within 10% of each other, the tightest three-way race we have recorded. The prestige end is doing the heavy lifting: 2001/3 River Drive, Surfers Paradise QLD fell $1.80M to $3.15M (-36.4%) after 114 days and 8 Young Street, Kew VIC fell $1.44M to $2.85M (-33.6%) after 34 days.
  • Ski season is over in the Snowies and the rental market knows it. Two East Jindabyne properties cut within hours of each other on 27 August: 4/1 Girvin Place from $1,200 to $650 per week (-45.8%) and 2/35 Jerarra Drive from $650 to $400 per week (-38.5%). Both are seasonal repricing as the winter letting window closes, and we keep them in the rankings for transparency.
  • The fastest big cut of the week came from 15 King Street, Chinchilla QLD: 28.6% off to $250K after just 20 days on the market. A Sydney landlord matched the pace on the rental side: 60 Sagittarius Circuit, Box Hill NSW cut its rent 42.5% within 6 days of listing.
Older
This week (17 Aug - 23 Aug) in property price drops and rises across Australia

Stay ahead of the
Australian property market

Join the hive

Spot the next big price drop

Your weekly cheat sheet for property discounts. The deepest cuts and this week's biggest mover. No fluff.

1000+ property hunters are already subscribed.

DROPBEE

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

DropLab

Chrome extensionWeekly reportsBuzzfeedAsking Price Gap IndexAdvertise

Legal

Terms & conditionsPrivacy policy

Support

What's newFeedbackContact usBuy me a coffee

© 2026 DropBee

Tracking 380K property listings across Australia