Sale drops
1,674
Median 5.8%
Sale rises
392
Median 6.1%
Suburbs
1,060
Properties
114K
Rent drops
1,561
Median 6.5%
Rent rises
152
Median 9.5%
Suburbs
455
Properties
80K
This week highlights
- Biggest % drop (sales): -50.0% (30 James Street, Pakenham VIC, $1.2M → $600K)
- Biggest $ drop (sales): -$1.25M (29 Olola Avenue, Vaucluse NSW, $10.75M → $9.5M, -11.6%)
- Biggest % drop (rentals): -50.0% (00/361-363 Military Road, Mosman NSW, $1,800/w → $900/w, -$900/w)
- Biggest $ drop (rentals): -$1,200/w (24/1 Gaven Crescent, Mermaid Beach QLD, $2,500/w → $1,300/w, -48.0%)
- Total new drops: 1,674 (sales) / 1,561 (rentals)
- Total new rises: 392 (sales) / 152 (rentals)
- Median drop: 5.8% (sales) / 6.5% (rentals)
- Median rise: 6.1% (sales) / 9.5% (rentals)
Sales breakdown by state
| State | Drops | Median ↓ | Rises | Median ↑ | Suburbs | Hardest hit suburbs |
|---|---|---|---|---|---|---|
| VIC | 684 | 6.3% | 260 | 6.7% | 325 | Ocean Grove (↓11), Clyde North (↓11), Berwick (↓10) |
| NSW | 521 | 5.5% | 95 | 5.1% | 376 | Umina Beach (↓7), Moss Vale (↓6), Sydney (↓5) |
| QLD | 237 | 5.3% | 11 | 4.8% | 169 | Surfers Paradise (↓8), Port Douglas (↓5), Hervey Bay (↓5) |
| WA | 114 | 5.6% | 15 | 4.9% | 92 | Jandabup (↓4), Thornlie (↓3), Beechboro (↓3) |
| SA | 59 | 5.6% | 10 | 5.5% | 51 | Elizabeth Downs (↓3), Somerton Park (↓3) |
Rental breakdown by state
| State | Drops | Median ↓ | Rises | Median ↑ | Suburbs | Hardest hit suburbs |
|---|---|---|---|---|---|---|
| NSW | 840 | 6.3% | 90 | 8.3% | 369 | Sydney (↓22), Bondi Beach (↓16), Coogee (↓13) |
| QLD | 254 | 6.7% | 20 | 12.3% | 137 | Surfers Paradise (↓17), Broadbeach (↓10), Labrador (↓9) |
| VIC | 301 | 6.7% | 32 | 13.9% | 165 | Melbourne (↓11), Richmond (↓9), South Yarra (↓8) |
| WA | 126 | 6.5% | 6 | 6.2% | 76 | Baldivis (↓7), South Perth (↓6), Scarborough (↓4) |
| SA | 24 | 7.3% | 3 | 6.7% | 21 | Adelaide (↓3), North Adelaide (↓2) |
Top 10 biggest sales drops across Australia
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 30 James Street, Pakenham VIC | House | $1.20M | $600K | -$600K | 50.0% |
| 2 | 47 Cranbourne Drive, Cranbourne VIC | House | $995K | $640K | -$355K | 35.7% |
| 3 | 223 Lower Cairnbrook Road, Glengarry VIC | House | $2.28M | $1.50M | -$775K | 34.1% |
| 4 | 22 Gray Street, Mount Isa QLD | House | $900K | $680K | -$220K | 24.4% |
| 5 | 29 Proctors Road, Dynnyrne TAS | House | $1.05M | $795K | -$255K | 24.3% |
| 6 | 5B Wisdom Street, Guildford NSW | House | $1.45M | $1.10M | -$350K | 24.1% |
| 7 | 1/57 Marian Street, Miles QLD | House | $440K | $340K | -$100K | 22.7% |
| 8 | 185c Jellicoe Street, Newtown QLD | House | $899K | $699K | -$200K | 22.2% |
| 9 | 5 Mulberry Pass, Craigieburn VIC | House | $690K | $540K | -$150K | 21.7% |
| 10 | 12 Charles Street, Milton NSW | House | $1.40M | $1.10M | -$300K | 21.4% |
Top 10 biggest rental drops across Australia
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 00/361-363 Military Road, Mosman NSW | Apt | $1,800/w | $900/w | -$900/w | 50.0% |
| 2 | 24/1 Gaven Crescent, Mermaid Beach QLD | Apt | $2,500/w | $1,300/w | -$1,200/w | 48.0% |
| 3 | 00/2 Atchison Street, St Leonards NSW | Apt | $2,200/w | $1,200/w | -$1,000/w | 45.5% |
| 4 | 77 Lacerta Road, Austral NSW | House | $1,300/w | $750/w | -$550/w | 42.3% |
| 5 | 4 High Street, Lismore NSW | House | $900/w | $600/w | -$300/w | 33.3% |
| 6 | 13/56-62 Chandos Street, St Leonards NSW | Apt | $900/w | $600/w | -$300/w | 33.3% |
| 7 | 4/61 Mitchell Street, Bondi Beach NSW | Apt | $890/w | $600/w | -$290/w | 32.6% |
| 8 | 1/31 Marine Parade, Redcliffe QLD | Apt | $950/w | $650/w | -$300/w | 31.6% |
| 9 | 4 Murray Court, Cranbourne VIC | House | $550/w | $380/w | -$170/w | 30.9% |
| 10 | 2bedrooms/95 Linton Street, Kangaroo Point QLD | Apt | $1,050/w | $740/w | -$310/w | 29.5% |
Top 10 biggest drops in VIC
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 30 James Street, Pakenham VIC | House | $1.20M | $600K | -$600K | 50.0% |
| 2 | 47 Cranbourne Drive, Cranbourne VIC | House | $995K | $640K | -$355K | 35.7% |
| 3 | 223 Lower Cairnbrook Road, Glengarry VIC | House | $2.28M | $1.50M | -$775K | 34.1% |
| 4 | 5 Mulberry Pass, Craigieburn VIC | House | $690K | $540K | -$150K | 21.7% |
| 5 | 117B Chapel Road, Moorabbin VIC | Townhouse | $1.76M | $1.39M | -$367K | 20.9% |
| 6 | 4 Jonathan Avenue, Burwood East VIC | House | $1.25M | $1.00M | -$250K | 20.0% |
| 7 | 3306/38 Rose Lane, Melbourne VIC | Apt | $620K | $500K | -$120K | 19.4% |
| 8 | 1 Ludstone Street, Hampton VIC | House | $1.98M | $1.60M | -$380K | 19.2% |
| 9 | 3 Howitt Street, South Yarra VIC | House | $2.80M | $2.28M | -$520K | 18.6% |
| 10 | 56-60 Dorcas Street, Southbank VIC | Apt | $1.18M | $959K | -$216K | 18.4% |
Top 10 biggest drops in NSW
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 5B Wisdom Street, Guildford NSW | House | $1.45M | $1.10M | -$350K | 24.1% |
| 2 | 12 Charles Street, Milton NSW | House | $1.40M | $1.10M | -$300K | 21.4% |
| 3 | 67-69 Princes Highway 'The Old Bakery', Milton NSW | House | $2.80M | $2.20M | -$600K | 21.4% |
| 4 | 508/125-129 Arthur Street, Parramatta NSW | Apt | $985K | $798K | -$187K | 19.0% |
| 5 | 21 Baldwin Street, Gordon NSW | House | $2.90M | $2.40M | -$500K | 17.2% |
| 6 | 11 Bian Court, Ocean Shores NSW | House | $1.50M | $1.25M | -$245K | 16.4% |
| 7 | 328 and 330/187 Kent Street, Sydney NSW | Apt | $1.55M | $1.30M | -$250K | 16.1% |
| 8 | 9 Arcadia Street, Schofields NSW | House | $1.19M | $1.00M | -$190K | 16.0% |
| 9 | 23 Muscio Road, Sancrox NSW | House | $1.30M | $1.10M | -$200K | 15.4% |
| 10 | 126 North West Arm Road, Grays Point NSW | House | $1.40M | $1.20M | -$200K | 14.3% |
Top 10 biggest drops in QLD
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 22 Gray Street, Mount Isa QLD | House | $900K | $680K | -$220K | 24.4% |
| 2 | 1/57 Marian Street, Miles QLD | House | $440K | $340K | -$100K | 22.7% |
| 3 | 185c Jellicoe Street, Newtown QLD | House | $899K | $699K | -$200K | 22.2% |
| 4 | 505/35 Halcyon Way, Hope Island QLD | Apt | $1.91M | $1.51M | -$400K | 21.0% |
| 5 | 12/23-25 Harris Street, Parramatta Park QLD | Apt | $499K | $400K | -$99K | 19.8% |
| 6 | 9 Wannon Street, Maroochydore QLD | House | $1.23M | $1.05M | -$175K | 14.3% |
| 7 | 2/18-28 St Crispins Avenue, Port Douglas QLD | Apt | $1.15M | $995K | -$155K | 13.5% |
| 8 | 50/99 Short Street, Boronia Heights QLD | House | $780K | $679K | -$101K | 12.9% |
| 9 | 464 Caboolture River Road, Upper Caboolture QLD | House | $1.60M | $1.40M | -$200K | 12.5% |
| 10 | 11/74-80 Hurdcotte Street, Enoggera QLD | Apt | $799K | $700K | -$99K | 12.4% |
Top 10 biggest drops in WA
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 5 Mirrelia Way, Riverton WA | House | $1.25M | $1.00M | -$250K | 20.0% |
| 2 | 1/20 Baruna Court, Halls Head WA | Apt | $1.55M | $1.25M | -$299K | 19.3% |
| 3 | 7 Kulbardi Way, Witchcliffe WA | House | $1.15M | $1.00M | -$150K | 13.0% |
| 4 | 220/60 Riversdale Road, Rivervale WA | Apt | $800K | $700K | -$100K | 12.5% |
| 5 | 65 Tollington Park Road, Kelmscott WA | House | $799K | $700K | -$99K | 12.4% |
| 6 | 11 Wattley Road, Wellard WA | House | $899K | $800K | -$99K | 11.0% |
| 7 | 440 Guildford Road, Bayswater WA | House | $1.40M | $1.25M | -$150K | 10.7% |
| 8 | 15/99 Ninth Avenue, Maylands WA | Apt | $559K | $500K | -$59K | 10.6% |
| 9 | 4 Cleland Close, Clarkson WA | House | $1.00M | $900K | -$100K | 10.0% |
| 10 | 18 Peet Street, Harvey WA | House | $500K | $450K | -$50K | 10.0% |
Top 10 biggest drops in SA
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 16 Elder Circuit, Mawson Lakes SA | House | $1.42M | $1.20M | -$220K | 15.5% |
| 2 | 101 Osmond Terrace, Norwood SA | House | $3.60M | $3.10M | -$500K | 13.9% |
| 3 | 13B Ferry Avenue, Plympton Park SA | House | $1.10M | $975K | -$125K | 11.4% |
| 4 | 1/55 Camira Way, Salisbury North SA | House | $675K | $600K | -$75K | 11.1% |
| 5 | 15 Bates Court, Greenwith SA | House | $1.06M | $945K | -$115K | 10.8% |
| 6 | 40 Winchester Street, St Peters SA | House | $2.45M | $2.20M | -$250K | 10.2% |
| 7 | 19 Vulcan Avenue, Modbury Heights SA | House | $999K | $899K | -$100K | 10.0% |
| 8 | 31 Gibson Street, Evanston Gardens SA | House | $915K | $825K | -$90K | 9.8% |
| 9 | 9 Wheal Watkins Street, Glen Osmond SA | House | $2.49M | $2.25M | -$240K | 9.6% |
| 10 | 3/36 Jetty Road, Brighton SA | Apt | $849K | $770K | -$79K | 9.3% |
Top 10 biggest rental drops in NSW
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 00/361-363 Military Road, Mosman NSW | Apt | $1,800/w | $900/w | -$900/w | 50.0% |
| 2 | 00/2 Atchison Street, St Leonards NSW | Apt | $2,200/w | $1,200/w | -$1,000/w | 45.5% |
| 3 | 77 Lacerta Road, Austral NSW | House | $1,300/w | $750/w | -$550/w | 42.3% |
| 4 | 4 High Street, Lismore NSW | House | $900/w | $600/w | -$300/w | 33.3% |
| 5 | 13/56-62 Chandos Street, St Leonards NSW | Apt | $900/w | $600/w | -$300/w | 33.3% |
| 6 | 4/61 Mitchell Street, Bondi Beach NSW | Apt | $890/w | $600/w | -$290/w | 32.6% |
| 7 | 20A Tichborne Drive, Quakers Hill NSW | House | $800/w | $570/w | -$230/w | 28.8% |
| 8 | 5/33-37 Durgadin Drive, Albion Park Rail NSW | House | $3,500/w | $2,495/w | -$1,005/w | 28.7% |
| 9 | 48 Morning Street, Gundaroo NSW | House | $775/w | $595/w | -$180/w | 23.2% |
| 10 | 36 Station Street, Harris Park NSW | Apt | $450/w | $350/w | -$100/w | 22.2% |
Top 10 biggest rental drops in VIC
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 4 Murray Court, Cranbourne VIC | House | $550/w | $380/w | -$170/w | 30.9% |
| 2 | 305/88 Beaconsfield Parade, Albert Park VIC | Apt | $2,450/w | $1,750/w | -$700/w | 28.6% |
| 3 | 96 Grey Street, St Kilda VIC | House | $1,300/w | $1,000/w | -$300/w | 23.1% |
| 4 | 18/415 Brunswick Road, Parkville VIC | Apt | $350/w | $270/w | -$80/w | 22.9% |
| 5 | 2/63 Hemmings Street, Dandenong VIC | Townhouse | $650/w | $520/w | -$130/w | 20.0% |
| 6 | 27 Kasouka Road, Camberwell VIC | House | $1,200/w | $995/w | -$205/w | 17.1% |
| 7 | 5 Judge Street, Portsea VIC | House | $2,995/w | $2,490/w | -$505/w | 16.9% |
| 8 | 121 Kay Street, Carlton VIC | Apt | $2,100/w | $1,750/w | -$350/w | 16.7% |
| 9 | 206B/60 Waverley Road, Malvern East VIC | Apt | $360/w | $300/w | -$60/w | 16.7% |
| 10 | 3 Turf Club Boulevard, Melton South VIC | House | $600/w | $500/w | -$100/w | 16.7% |
Top 10 biggest rental drops in QLD
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 24/1 Gaven Crescent, Mermaid Beach QLD | Apt | $2,500/w | $1,300/w | -$1,200/w | 48.0% |
| 2 | 1/31 Marine Parade, Redcliffe QLD | Apt | $950/w | $650/w | -$300/w | 31.6% |
| 3 | 2bedrooms/95 Linton Street, Kangaroo Point QLD | Apt | $1,050/w | $740/w | -$310/w | 29.5% |
| 4 | 2055/48 Skyring Terrace, Newstead QLD | Apt | $1,075/w | $815/w | -$260/w | 24.2% |
| 5 | 39 Broadmoor Street, Kenmore Hills QLD | House | $1,100/w | $850/w | -$250/w | 22.7% |
| 6 | 9/29 Henderson Road, Everton Hills QLD | Townhouse | $860/w | $680/w | -$180/w | 20.9% |
| 7 | 22/130 Alexandra Parade, Alexandra Headland QLD | Apt | $2,200/w | $1,800/w | -$400/w | 18.2% |
| 8 | 31307/9 Lawson Street, Southport QLD | Apt | $850/w | $700/w | -$150/w | 17.6% |
| 9 | 5 Whitsunday Drive, Currumbin Waters QLD | House | $1,750/w | $1,450/w | -$300/w | 17.1% |
| 10 | 56/460 Ann Street, Brisbane City QLD | Apt | $900/w | $750/w | -$150/w | 16.7% |
Top 10 biggest rental drops in WA
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 1104/3 Mends Street, South Perth WA | Apt | $2,200/w | $1,700/w | -$500/w | 22.7% |
| 2 | 68/6 Walsh Loop, Joondalup WA | Apt | $1,000/w | $800/w | -$200/w | 20.0% |
| 3 | 12A Gwelup Street, Karrinyup WA | House | $995/w | $800/w | -$195/w | 19.6% |
| 4 | 3 Davallia Road, Duncraig WA | House | $1,100/w | $895/w | -$205/w | 18.6% |
| 5 | 147 The Esplanade, Mount Pleasant WA | House | $1,200/w | $1,000/w | -$200/w | 16.7% |
| 6 | 68 Kimberley Street, West Leederville WA | House | $1,200/w | $1,000/w | -$200/w | 16.7% |
| 7 | 1/12 Catalina Place, Quinns Rocks WA | House | $1,100/w | $920/w | -$180/w | 16.4% |
| 8 | 407/5 Shenton Road, Claremont WA | Apt | $1,250/w | $1,050/w | -$200/w | 16.0% |
| 9 | 903 Mandurah Road, Baldivis WA | House | $1,000/w | $850/w | -$150/w | 15.0% |
| 10 | 19 Beagle Street, Mosman Park WA | House | $1,400/w | $1,200/w | -$200/w | 14.3% |
Top 10 biggest rental drops in SA
| # | Address | Type | Was | Now | Drop | % |
|---|---|---|---|---|---|---|
| 1 | 95 Palmer Place, North Adelaide SA | House | $2,500/w | $2,000/w | -$500/w | 20.0% |
| 2 | 14 Sydenham, Norwood SA | Townhouse | $1,800/w | $1,500/w | -$300/w | 16.7% |
| 3 | 312/356 Seaview Road, Henley Beach SA | Apt | $1,750/w | $1,500/w | -$250/w | 14.3% |
| 4 | 42 Craighill Road, St Georges SA | House | $780/w | $680/w | -$100/w | 12.8% |
| 5 | 31 Hume Lane, Adelaide SA | Townhouse | $850/w | $750/w | -$100/w | 11.8% |
| 6 | 7A Hack Street, Aldinga Beach SA | House | $850/w | $750/w | -$100/w | 11.8% |
| 7 | 10 Tamala Crescent, Gilles Plains SA | House | $675/w | $600/w | -$75/w | 11.1% |
| 8 | 10 Orange Grove, Mitchell Park SA | House | $780/w | $695/w | -$85/w | 10.9% |
| 9 | 45 Park Terrace, Gilberton SA | House | $950/w | $850/w | -$100/w | 10.5% |
| 10 | 4 Marlock Court, Golden Grove SA | House | $750/w | $675/w | -$75/w | 10.0% |
Top 10 biggest sales rises across Australia
| # | Address | Type | Was | Now | Rise | % |
|---|---|---|---|---|---|---|
| 1 | 1/1 Lentara Street, Fingal Bay NSW | House | $875K | $1.15M | +$275K | 31.4% |
| 2 | 676A Nepean Highway, Carrum VIC | House | $1.95M | $2.50M | +$550K | 28.2% |
| 3 | 16/20-24 Noble Street, Noble Park VIC | House | $690K | $860K | +$170K | 24.6% |
| 4 | 1/19 Crown Street, Glen Waverley VIC | Townhouse | $1.70M | $2.09M | +$390K | 22.9% |
| 5 | 8/19 Bortfield Drive, Chiswick NSW | Apt | $1.30M | $1.58M | +$280K | 21.5% |
| 6 | 524 Burwood Road, Hawthorn VIC | House | $990K | $1.20M | +$210K | 21.2% |
| 7 | 416E Gaffney Street, Pascoe Vale VIC | Townhouse | $790K | $950K | +$160K | 20.3% |
| 8 | Townhouse 10/155-157 North Road, Brighton VIC | Townhouse | $1.50M | $1.80M | +$300K | 20.1% |
| 9 | 9/277 Golden Four Drive, Bilinga QLD | Apt | $2.30M | $2.70M | +$405K | 17.6% |
| 10 | 7 Justin Court, Cheltenham VIC | House | $980K | $1.15M | +$170K | 17.3% |
Top 10 biggest rental rises across Australia
| # | Address | Type | Was | Now | Rise | % |
|---|---|---|---|---|---|---|
| 1 | 13 Sunrise Drive, Maroochydore QLD | House | $900/w | $1,350/w | +$450/w | 50.0% |
| 2 | 110 Western Avenue, Westmeadows VIC | Townhouse | $1,000/w | $1,500/w | +$500/w | 50.0% |
| 3 | 10A Ridgewood Place, Dural NSW | Apt | $350/w | $500/w | +$150/w | 42.9% |
| 4 | 3 Clive Street, Fairfield NSW | House | $840/w | $1,200/w | +$360/w | 42.9% |
| 5 | unit 18/5 Judith Street, Flinders View QLD | Apt | $280/w | $380/w | +$100/w | 35.7% |
| 6 | 308/18 Birdwood Avenue, Lane Cove NSW | Apt | $630/w | $850/w | +$220/w | 34.9% |
| 7 | 17/115 Matthews Avenue, Orange NSW | Apt | $600/w | $800/w | +$200/w | 33.3% |
| 8 | 509/172 Ross Street, Forest Lodge NSW | Apt | $620/w | $820/w | +$200/w | 32.3% |
| 9 | 5/11 Derby Street, Kogarah NSW | Apt | $500/w | $650/w | +$150/w | 30.0% |
| 10 | 46 Cobham Street, Kings Park NSW | House | $400/w | $515/w | +$115/w | 28.8% |
Key observations
- VIC dominates national sales drops with 684 of 1,674 (41%). The biggest cut was a Pakenham house halved from $1.2M to $600K, while Cranbourne fell 35.7% and Glengarry dropped 34.1%. Melbourne's outer growth corridors carry the heaviest discounting pressure, with Ocean Grove (11 drops), Clyde North (11 drops) and Berwick (10 drops) the hardest-hit suburbs.
- Sales drops outnumber rises 4:1 (1,674 vs 392). NSW follows VIC with 521 drops concentrated in Umina Beach (7) and Moss Vale (6). Rental drops hit 1,561, with NSW dominating at 840 (54%), led by Sydney (22), Bondi Beach (16) and Coogee (13).
- VIC dominates the rises board. Victoria accounts for 260 of 392 sales rises (66%), with Fingal Bay up 31.4% and Carrum climbing 28.2%. Queensland managed just 11 rises across the entire state. Unlike drops which cluster in outer suburbs, rises are spread across inner and middle-ring markets.