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  • Asking Price Gap Index
LIVE17,9182,041
41 Clowes Street, Tylden, Vic 3444-$160K/4 Hester Street, Blairgowrie VIC 3942-$561K/63 Rutherford Street, Avoca, Vic 3467-$125K/5/4 Port Quays, Wannanup, WA 6210-$350K/1 & 2/1 Gannon Way, Upper Coomera, Qld 4209-$198K/1/10 Railway Parade, Nerang, Qld 4211-$150K/1/3 Van Ness Avenue, Mornington, Vic 3931-$249K/40 Patrick Street, Belmont North, NSW 2280-$250K/2 Memorial Lane, Barwon Heads, Vic 3227-$150K/45 Port Drive, Banksia Beach, Qld 4507-$185K/44 Grantchester Road, Wheelers Hill, Vic 3150-$400K/7 Newstead Way, Wantirna South VIC 3152-$200K/22 Fontanna Way, Springfield Lakes, Qld 4300-$550K/3906/70 Southbank Boulevard, Southbank, Vic 3006-$170K/308/83 Cooyong Street, Reid, ACT 2612-$80K/22B NORTH STREET, Redland Bay, Qld 4165-$220K/1/27 Oxford Street, Oakleigh VIC 3166-$200K/59 Cunningham Street, Northcote, Vic 3070-$405K/3003/30 Hollins Crescent, New Farm, Qld 4005-$595K/23 Amber Grove, Mount Waverley, Vic 3149-$650K/44 White Street, Mordialloc, Vic 3195-$150K/311/645 Dandenong Road, Malvern, Vic 3144-$130K/G12/363 Macaulay Road, Kensington, Vic 3031-$380K/16 Mortimer Lewis Drive, Huntleys Cove, NSW 2111-$440K/17 Eromba Cres, Ferny Hills, Qld 4055-$220K/27a Cutbush Road, Everton Park, Qld 4053-$150K/1/1475 Heatherton Road, Dandenong North, Vic 3175-$75K/1/4 Louisa Street, Croydon, Vic 3136-$169K/2/21 Beckett Street, Chadstone, Vic 3148-$160K/5/27-29 Fairholm Grove, Camberwell, Vic 3124-$280K/43 Elm Grove, Brighton VIC 3186-$300K/350 Union Road, Balwyn, Vic 3103-$1.1M/11 Rayney Street, Durack, NT 0830-$120K/17 Willing Crescent, Durack, NT 0830-$200K/17 Runners Close, Farley, NSW 2320-$236K/81 Mosaic Avenue, The Ponds, NSW 2769-$300K/65 Crystal Avenue, Pearl Beach, NSW 2256-$450K/15 Gosse Place, Bonnyrigg Heights, NSW 2177-$240K/11 Caldwell Place, Blacktown, NSW 2148-$200K/3 Anjaya Court, Blackburn, Vic 3130-$200K/25 Mapellen Street (Proposed Lot 1), Aspley, Qld 4034-$400K/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/41 Clowes Street, Tylden, Vic 3444-$160K/4 Hester Street, Blairgowrie VIC 3942-$561K/63 Rutherford Street, Avoca, Vic 3467-$125K/5/4 Port Quays, Wannanup, WA 6210-$350K/1 & 2/1 Gannon Way, Upper Coomera, Qld 4209-$198K/1/10 Railway Parade, Nerang, Qld 4211-$150K/1/3 Van Ness Avenue, Mornington, Vic 3931-$249K/40 Patrick Street, Belmont North, NSW 2280-$250K/2 Memorial Lane, Barwon Heads, Vic 3227-$150K/45 Port Drive, Banksia Beach, Qld 4507-$185K/44 Grantchester Road, Wheelers Hill, Vic 3150-$400K/7 Newstead Way, Wantirna South VIC 3152-$200K/22 Fontanna Way, Springfield Lakes, Qld 4300-$550K/3906/70 Southbank Boulevard, Southbank, Vic 3006-$170K/308/83 Cooyong Street, Reid, ACT 2612-$80K/22B NORTH STREET, Redland Bay, Qld 4165-$220K/1/27 Oxford Street, Oakleigh VIC 3166-$200K/59 Cunningham Street, Northcote, Vic 3070-$405K/3003/30 Hollins Crescent, New Farm, Qld 4005-$595K/23 Amber Grove, Mount Waverley, Vic 3149-$650K/44 White Street, Mordialloc, Vic 3195-$150K/311/645 Dandenong Road, Malvern, Vic 3144-$130K/G12/363 Macaulay Road, Kensington, Vic 3031-$380K/16 Mortimer Lewis Drive, Huntleys Cove, NSW 2111-$440K/17 Eromba Cres, Ferny Hills, Qld 4055-$220K/27a Cutbush Road, Everton Park, Qld 4053-$150K/1/1475 Heatherton Road, Dandenong North, Vic 3175-$75K/1/4 Louisa Street, Croydon, Vic 3136-$169K/2/21 Beckett Street, Chadstone, Vic 3148-$160K/5/27-29 Fairholm Grove, Camberwell, Vic 3124-$280K/43 Elm Grove, Brighton VIC 3186-$300K/350 Union Road, Balwyn, Vic 3103-$1.1M/11 Rayney Street, Durack, NT 0830-$120K/17 Willing Crescent, Durack, NT 0830-$200K/17 Runners Close, Farley, NSW 2320-$236K/81 Mosaic Avenue, The Ponds, NSW 2769-$300K/65 Crystal Avenue, Pearl Beach, NSW 2256-$450K/15 Gosse Place, Bonnyrigg Heights, NSW 2177-$240K/11 Caldwell Place, Blacktown, NSW 2148-$200K/3 Anjaya Court, Blackburn, Vic 3130-$200K/25 Mapellen Street (Proposed Lot 1), Aspley, Qld 4034-$400K/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
NEW: Asking Price Gap Index

17,918 homes
got cheaper

across Australia

Biggest % drop
-50.3%
Ardross WA 6153
Biggest $ drop
-$3M
Broadbeach QLD 4218
Total active drops
17,918
432,490 listings scanned
Total $ wiped
-$1.83B
Across 4,562 suburbs

Latest property price drops

Across 4,562 suburbs in Australia

Today

Today
41 Clowes Street, Tylden, Vic 3444
HOUSE322
-$160K$910K $750K
17.6%
Today
41 Clowes Street, Tylden, Vic 3444
HOUSE322
-$160K
$910K $750K
17.6%
Today
4 Hester Street, Blairgowrie VIC 3942
HOUSE542
-$561K$2.75M $2.189M
20.4%
Today
4 Hester Street, Blairgowrie VIC 3942
HOUSE542
-$561K
$2.75M $2.189M
20.4%
Today
63 Rutherford Street, Avoca, Vic 3467
HOUSE414
-$125K$575K $450K
21.7%
Today
63 Rutherford Street, Avoca, Vic 3467
HOUSE414
-$125K
$575K $450K
21.7%
Today
5/4 Port Quays, Wannanup, WA 6210
TOWNHOUSE12
-$350K$1.1M $750K
31.8%
Today
5/4 Port Quays, Wannanup, WA 6210
TOWNHOUSE12
-$350K
$1.1M $750K
31.8%
Today
1 & 2/1 Gannon Way, Upper Coomera, Qld 4209
HOUSE423
-$198K$1.288M $1.09M
15.4%
Today
1 & 2/1 Gannon Way, Upper Coomera, Qld 4209
HOUSE423
-$198K
$1.288M $1.09M
15.4%
Today
1/10 Railway Parade, Nerang, Qld 4211
TOWNHOUSE322
-$150K$949K $799K
15.8%
Today
1/10 Railway Parade, Nerang, Qld 4211
TOWNHOUSE322
-$150K
$949K $799K
15.8%
Today
1/3 Van Ness Avenue, Mornington, Vic 3931
TOWNHOUSE422
-$249K$1.499M $1.25M
16.6%
Today
1/3 Van Ness Avenue, Mornington, Vic 3931
TOWNHOUSE422
-$249K
$1.499M $1.25M
16.6%
Today
40 Patrick Street, Belmont North, NSW 2280
HOUSE523
-$250K$1.2M $950K
20.8%
Today
40 Patrick Street, Belmont North, NSW 2280
HOUSE523
-$250K
$1.2M $950K
20.8%
Today
2 Memorial Lane, Barwon Heads, Vic 3227
APARTMENT221
-$150K$730K $580K
20.5%
Today
2 Memorial Lane, Barwon Heads, Vic 3227
APARTMENT221
-$150K
$730K $580K
20.5%
Today
45 Port Drive, Banksia Beach, Qld 4507
HOUSE423
-$185K$1.18M $995K
15.7%
Today
45 Port Drive, Banksia Beach, Qld 4507
HOUSE423
-$185K
$1.18M $995K
15.7%
Today
44 Grantchester Road, Wheelers Hill, Vic 3150
HOUSE532
-$400K$2.1M $1.7M
19.0%
Today
44 Grantchester Road, Wheelers Hill, Vic 3150
HOUSE532
-$400K
$2.1M $1.7M
19.0%
Today
7 Newstead Way, Wantirna South VIC 3152
HOUSE336
-$200K$1.25M $1.05M
16.0%
Today
7 Newstead Way, Wantirna South VIC 3152
HOUSE336
-$200K
$1.25M $1.05M
16.0%
Today
22 Fontanna Way, Springfield Lakes, Qld 4300
HOUSE432
-$550K$1.7M $1.15M
32.4%
Today
22 Fontanna Way, Springfield Lakes, Qld 4300
HOUSE432
-$550K
$1.7M $1.15M
32.4%
Today
3906/70 Southbank Boulevard, Southbank, Vic 3006
APARTMENT21
-$170K$690K $520K
24.6%
Today
3906/70 Southbank Boulevard, Southbank, Vic 3006
APARTMENT21
-$170K
$690K $520K
24.6%
Today
308/83 Cooyong Street, Reid, ACT 2612
APARTMENT221
-$80K$530K $450K
15.1%
Today
308/83 Cooyong Street, Reid, ACT 2612
APARTMENT221
-$80K
$530K $450K
15.1%
Today
22B NORTH STREET, Redland Bay, Qld 4165
HOUSE323
-$220K$1.3M $1.08M
16.9%
Today
22B NORTH STREET, Redland Bay, Qld 4165
HOUSE323
-$220K
$1.3M $1.08M
16.9%
Today
1/27 Oxford Street, Oakleigh VIC 3166
TOWNHOUSE532
-$200K$1.1M $900K
18.2%
Today
1/27 Oxford Street, Oakleigh VIC 3166
TOWNHOUSE532
-$200K
$1.1M $900K
18.2%
Today
59 Cunningham Street, Northcote, Vic 3070
HOUSE312
-$405K$2.3M $1.895M
17.6%
Today
59 Cunningham Street, Northcote, Vic 3070
HOUSE312
-$405K
$2.3M $1.895M
17.6%
Today
3003/30 Hollins Crescent, New Farm, Qld 4005
APARTMENT322
-$595K$3.495M $2.9M
17.0%
Today
3003/30 Hollins Crescent, New Farm, Qld 4005
APARTMENT322
-$595K
$3.495M $2.9M
17.0%
Today
23 Amber Grove, Mount Waverley, Vic 3149
HOUSE552
-$650K$3.85M $3.2M
16.9%
Today
23 Amber Grove, Mount Waverley, Vic 3149
HOUSE552
-$650K
$3.85M $3.2M
16.9%
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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

5,373
Drops
-6.5%
Median
1,167
Suburbs
Hardest hit suburbs
#1Port Macquarie 244446#2Sydney 200042#3Bowral 257640#4Castle Hill 215439#5Forster 242836#6Wollongong 250032#7Box Hill 276531#8Moss Vale 257731#9Dee Why 209931#10Coffs Harbour 245029
Browse all NSW price drops

Queensland

3,741
Drops
-6.4%
Median
606
Suburbs
Hardest hit suburbs
#1Surfers Paradise 421781#2Southport 421540#3Port Douglas 487738#4Robina 422636#5Palm Beach 422135#6Caboolture 451034#7Redland Bay 416534#8Labrador 421533#9Pimpama 420933#10Springfield Lakes 430031
Browse all QLD price drops

Victoria

6,158
Drops
-7.1%
Median
680
Suburbs
Hardest hit suburbs
#1Melbourne 3000100#2Clyde North 397898#3Point Cook 303092#4Ocean Grove 322677#5Frankston 319962#6Southbank 300659#7Mount Eliza 393058#8Berwick 380658#9Doncaster 310858#10Tarneit 302955
Browse all VIC price drops

Western Australia

1,495
Drops
-6.8%
Median
283
Suburbs
Hardest hit suburbs
#1Baldivis 617146#2Thornlie 610832#3Halls Head 621029#4Aveley 606927#5Ellenbrook 606927#6Rockingham 616823#7Piara Waters 611220#8Mandurah 621019#9Canning Vale 615519#10Wellard 617019
Browse all WA price drops

South Australia

595
Drops
-6.9%
Median
218
Suburbs
Hardest hit suburbs
#1Adelaide 500021#2Morphett Vale 516213#3Murray Bridge 525311#4Somerton Park 504410#5Encounter Bay 52119#6Elizabeth Downs 51137#7Para Hills 50967#8Andrews Farm 51147#9Glenelg North 50457#10Victor Harbor 52117
Browse all SA price drops

Australian Capital Territory

367
Drops
-6.9%
Median
84
Suburbs
Hardest hit suburbs
#1Phillip 260624#2Braddon 261219#3Griffith 260315#4Kingston 260415#5Canberra 260011#6O'Connor 260210#7Franklin 291310#8Bruce 26179#9Lyneham 26029#10Harrison 29149
Browse all ACT price drops

Tasmania

129
Drops
-6.3%
Median
44
Suburbs
Hardest hit suburbs
#1Sandy Bay 700513#2New Town 70088#3Hobart 70007#4North Hobart 70006#5Launceston 72506#6Taroona 70535#7Blackmans Bay 70525#8Ulverstone 73155#9Devonport 73104#10Mount Stuart 70004
Browse all TAS price drops

Northern Territory

60
Drops
-6.5%
Median
29
Suburbs
Hardest hit suburbs
#1Darwin City 08008#2Larrakeyah 08206#3Howard Springs 08354#4Durack 08303#5Woodroffe 08303#6Parap 08203#7Karama 08122#8Humpty Doo 08362#9Leanyer 08122#10Jingili 08102
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
9,584
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 17,918 active asking price reductions across 4,562 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 4,562 suburbs, from metro areas to major regional cities. With 17,918 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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Independent analytics, not a brokerage. All data sourced from publicly available listings.

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