223
9

Biggest price drops in Tasmania

Yesterday
39 Shearwater Esplanade, Shearwater TAS 7307
HOUSE422683m²Shearwater
-$100K$1.8M $1.7M
5.6%
Yesterday
6 Mary Street, Scottsdale TAS 7260
HOUSE312803m²Scottsdale
-$31K$480K $449K
6.5%
Yesterday
21 Urquhart Street, Queenstown TAS 7467
HOUSE213771m²Queenstown
-$50K$350K $300K
14.3%
2XYesterday
24-26 Oaktree Road, Youngtown TAS 7249
HOUSE314741m²Youngtown
-$50K$699K $649K
7.2%
Yesterday
2 Adelaide Street, South Hobart TAS 7004
HOUSE332407m²South Hobart
-$100K$1.8M $1.7M
5.6%

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2XYesterday
1/43 London Way, Kingston TAS 7050
HOUSE323Kingston
-$40K$825K $785K
4.8%
3X2/1Yesterday
287 Park Street, New Town TAS 7008
HOUSE211252m²New Town
-$75K$695K $620K
10.8%
2XYesterday
58 Salamanca Square, Battery Point, Tas 7004
APARTMENT221224m²Battery Point
-$245K$1.895M $1.65M
12.9%
2X1/13d ago
231 St John Street, Launceston TAS 7250
HOUSE433Launceston
-$50K$1.75M $1.7M
2.9%
2X3d ago
1/37 Waimea Avenue, Sandy Bay TAS 7005
APARTMENT211116m²Sandy Bay
-$65K$740K $675K
8.8%
3d ago
241 Clarence Street, Howrah, Tas 7018
HOUSE312597m²Howrah
-$45K$670K $625K
6.7%
3d ago
1/5 Amethyst Drive, Blackmans Bay, Tas 7052
TOWNHOUSE333417m²Blackmans Bay
-$60K$1.05M $990K
5.7%
3d ago
26 Kelly Street, Battery Point TAS 7004
HOUSE21213m²Battery Point
-$55K$1.15M $1.095M
4.8%
2X4d ago
14 Bilinga Street, Mornington, Tas 7018
HOUSE314Mornington
-$50K$745K $695K
6.7%
2X4d ago
98 Currajong Street, Mornington, Tas 7018
HOUSE31Mornington
-$55K$650K $595K
8.5%
3X5d ago
983 Ridgley Highway, Ridgley TAS 7321
HOUSE324921m²Ridgley
-$50K$680K $630K
7.4%
5d ago
20 Earlwood Court, Taroona TAS 7053
HOUSE222868m²Taroona
-$105K$1.5M $1.395M
7.0%
2X5d ago
224 Tinderbox Road, Tinderbox TAS 7054
HOUSE42623500m²Tinderbox
-$150K$1.9M $1.75M
7.9%
5d ago
11 Pelham Street, Sorell TAS 7172
HOUSE313917m²Sorell
-$34K$829K $795K
4.1%
5d ago
8 Nugent Road, Sorell TAS 7172
HOUSE421817700m²Sorell
-$100K$1.6M $1.5M
6.3%
2X5d ago
29 White Street, George Town, Tas 7253
HOUSE32815782m²George Town
-$200K$1.2M $1M
16.7%
5d ago
653 Huon Road, Fern Tree TAS 7054
HOUSE3112023m²Fern Tree
-$75K$800K $725K
9.4%
5d ago
7 Reserve Road, Coles Bay TAS 7215
HOUSE224802m²Coles Bay
-$41K$930K $889K
4.4%
5d ago
315 Brisbane Street West, West Launceston, Tas 7250
-$45K$790K $745K
5.7%
2X5d ago
13 Bullman Drive, Legana TAS 7277
HOUSE324Legana
-$49K$799K $750K
6.1%

Are property prices dropping in Tasmania?

223 homes for sale in Tasmania have a lower asking price than when first listed, across 130 suburbs. The median cut is 6.6%, and the biggest is $875K (25.2%) in Sandy Bay.

Updated 19 Oct 2026

Got questions?

Tracking asking price changes in Tasmania

DropBee is an independent tracker of asking price changes on Australian property listings, for sale and for rent. It records each listing's first asking price and every change after that, so you can see which properties have cut their price and by how much.
A price drop is when the current asking price is lower than the first asking price we recorded for that listing. For example, a home listed at $1,000,000 and then advertised at $950,000 has a $50,000 (5%) price drop. When a seller raises the asking price, we record a price rise.
From publicly available listings on major Australian property websites. DropBee is not a real estate agency and does not sell property.
We check listings every day. A price change usually appears on DropBee within a day.
The asking price is what the seller advertises. The sold price is what the buyer pays. DropBee tracks asking prices. The Asking Price Gap Index compares the last asking price with the sold price where the sold price is public.
Not by itself. A price drop is a change to one listing, often because the first price was too high or the seller wants a faster sale. Median sold prices are the standard measure of area trends, and they count all sales, not only listings that cut their price.
Common reasons are low buyer interest, a first price above the market, a change in the seller's plans, or a need to sell faster. A lower asking price can mean the seller is open to negotiation.
The property was taken off the market and then advertised again. A relisted property often comes back with a different price, and DropBee keeps its earlier price history.
Days on market: the number of days since the property was first advertised.
Yes. Open a suburb page and select Watch. New price drops in your watched suburbs show in your account.
Yes. The free DropBee Chrome extension shows a listing's price history directly on Australian property websites.
Yes. DropBee tracks weekly rent changes on rental listings in every state and territory.
Browsing price drops, watching suburbs and the Chrome extension are free. Weekly CSV export files for single states are a paid extra.