Housing intelligence
Where asking prices are falling
Every day we track for-sale listings across Australia's five mainland capitals and record each asking-price cut — then roll them up by state, suburb, address and agency. Cuts beyond 40% are filtered as listing corrections; each address counts once even when it's listed on both portals.
Part of the Australian house prices tracker →
Drops by state
Share of tracked listings that cut their asking price in the last 30 days. Select a state on the map to filter the address board below; use the table for exact asking/sold aggregates and suburb explorers.
| State | Share of listings cut (30d) | Cuts | Median cut | Value cut | Median asking | Median sold* | Tracked |
|---|---|---|---|---|---|---|---|
| Victoria | 3.8% | 816 | −4.1% | $47M | $750k | $780k (1629) | 21,649 |
| New South Wales | 3.2% | 383 | −3.3% | $22M | $958k | $1.2M (2052) | 12,078 |
| Queensland | 4.0% | 347 | −3.8% | $19M | $949k | $1.1M (1097) | 8,731 |
| Western Australia | 5.0% | 330 | −4.7% | $20M | $849k | $920k (749) | 6,561 |
| South Australia | 3.6% | 95 | −3.9% | $4.1M | $795k | $915k (742) | 2,676 |
Suburbs cutting hardest
Suburbs ranked by how many for-sale listings reduced their asking price in the last 30 days. A suburb needs at least three cut listings to appear.
| # | Suburb | Cuts (30d) | Share cut | Median cut | Biggest cut | Median asking | Median sold* |
|---|---|---|---|---|---|---|---|
| 1 | melbourneVIC | 39 | 5.3% | −4.0% | −12% | $500k | $400k (21) |
| 2 | tarneitVIC | 36 | 4.5% | −3.8% | −12% | $679k | $631k (26) |
| 3 | pakenhamVIC | 33 | 7.4% | −3.8% | −9% | $692k | $728k (26) |
| 4 | werribeeVIC | 29 | 6.2% | −3.8% | −14% | $660k | $516k (27) |
| 5 | berwickVIC | 23 | 6.2% | −4.4% | −14% | $870k | $917k (18) |
| 6 | sunburyVIC | 22 | 5.2% | −3.8% | −21% | $693k | $662k (17) |
| 7 | truganinaVIC | 22 | 4.6% | −3.3% | −7% | $670k | $690k (21) |
| 8 | frankstonVIC | 22 | 7.8% | −5.3% | −11% | $750k | $710k (21) |
| 9 | morayfieldQLD | 21 | 6.3% | −3.0% | −13% | $899k | $936k (21) |
| 10 | gosnellsWA | 20 | 10.2% | −7.6% | −22% | $737k | $759k (12) |
| 11 | clyde northVIC | 20 | 3.6% | −3.7% | −10% | $760k | $835k (8) |
| 12 | reservoir (vic.)VIC | 19 | 6.4% | −4.2% | −17% | $790k | $880k (22) |
| 13 | redbank plainsQLD | 18 | 6.7% | −3.3% | −17% | $849k | $885k (19) |
| 14 | cabooltureQLD | 18 | 6.8% | −3.7% | −9% | $850k | $880k (19) |
| 15 | baldivisWA | 17 | 4.8% | −4.5% | −10% | $849k | $874k (16) |
Browse every tracked suburb's asking and sold aggregates on the housing dashboard →
Capitulation
Vendors pulling and re-cutting
- Withdrawn then relisted (30d)
- 224
- Withdrawn (30d)
- 6,245
Counted from listings we observed, so these are far less sensitive to crawl coverage than the index above. "Withdrawn then relisted" requires more than a 7-day gap between the two events, to exclude same-week crawl re-sweep noise.
Biggest individual drops
Physical addresses ranked by how far their asking price has fallen — deduped across portals and relists, with the marketing agency where captured. Each row opens the full per-address price history.
Agencies cutting hardest
Real-estate agencies ranked by asking-price cuts across their tracked listings in the last 30 days. Aggregates only — an agency needs at least three tracked active listings to appear, and the same agency may appear once per portal.
- 1Ray White - WerribeeVIC · realestate.com.au134 active listings · median ask $670k · 9 suburbs12 cutsavg −7.4% · $610k
- 2Ray White United GroupNSW · realestate.com.au140 active listings · median ask $950k · 27 suburbs11 cutsavg −4.5% · $580k
- 3Douglas Corby - Ray White Rockingham BaldivisWA · realestate.com.au81 active listings · median ask $829k · 6 suburbs10 cutsavg −5.4% · $448k
- 4Professionals Granger Clark Real EstateWA · realestate.com.au57 active listings · median ask $999k · 13 suburbs10 cutsavg −2.9% · $286k
- 5Jellis Craig & Company Pty LtdVIC · realestate.com.au119 active listings · median ask $1.9M · 17 suburbs9 cutsavg −3.7% · $1.1M
- 6The Agency - WAWA · realestate.com.au215 active listings · median ask $879k · 56 suburbs9 cutsavg −4.9% · $414k
- 7Elders Real Estate - Rockingham & BaldivisWA · realestate.com.au54 active listings · median ask $879k · 7 suburbs9 cutsavg −4.9% · $343k
- 8Coronis StrathpineQLD · realestate.com.au31 active listings · median ask $925k · 12 suburbs8 cutsavg −4.0% · $312k
- 9MICM - Melbourne CBD & SouthbankVIC · realestate.com.au136 active listings · median ask $549k · 6 suburbs8 cutsavg −5.0% · $261k
- 10NGU Real Estate - LoganQLD · realestate.com.au53 active listings · median ask $799k · 13 suburbs8 cutsavg −3.7% · $246k
- 11Image Property - Brisbane NorthsideQLD · realestate.com.au111 active listings · median ask $900k · 31 suburbs7 cutsavg −6.0% · $774k
- 12Buxton - BentleighVIC · realestate.com.au23 active listings · median ask $1.4M · 6 suburbs7 cutsavg −5.5% · $565k
Method & caveats. Derived from for-sale listings on realestate.com.au and Domain across ~115 metro suburbs in NSW, VIC, QLD, SA and WA — metro coverage only, so state rollups reflect capital-city listings, not whole-state markets. Auction and price-on-application listings carry no numeric ask and are excluded from price aggregates. *Sold figures are incidental captures of sold-tagged cards (the last displayed price, not a verified settlement price) — treat them as indicative. Individual listings are not republished; address rows link to our per-address history, which deep-links to the live portal page. Not financial advice.