Biggest Price Falls
Top 50 suburbs furthest below their own all-time house-price peak — peak-to-current drawdown from each suburb’s own history (population > 500)..
Biggest Price Falls
Top 50 suburbs furthest below their own all-time house-price peak — peak-to-current drawdown from each suburb’s own history (population > 500). — Australia
This ranking works best as a first-pass screen, especially when you need to reduce a wide field quickly.
A rank is useful because it compresses one dimension well, but it never replaces the fuller suburb-level picture.
Use the ranking to build a shortlist, then confirm whether those finalists still hold up on the rest of the data.
A ranking compresses one signal well, but it should hand you into compare or suburb detail before becoming a decision.
Save a small working set, then use compare and evidence depth before treating any row as a decision.
Rankings are strongest when they hand you a shortlist quickly. Compare the top two first, then open suburb detail if the head-to-head result still feels narrow.
- #1Potts PointNSW-49.8%$3.1M · pk 2022
- #2Nar Nar Goon NorthVIC-45.5%$324K · pk 2017
- #3Millers PointNSW-42.6%$2.7M · pk 2017
- #4St Kilda WestVIC-40.2%$2.0M · pk 2021
- #5Mount MacedonVIC-39.1%$989K · pk 2021
- #6Mays HillNSW-38.3%$1.3M · pk 2017
- #7MenangleNSW-37.0%$920K · pk 2018
- #8AngleseaVIC-34.4%$1.1M · pk 2022
- #9KurrajongNSW-33.3%$1.1M · pk 2022
- #10SorrentoVIC-30.9%$1.6M · pk 2022
- #11Point LonsdaleVIC-30.2%$1.1M · pk 2022
- #12Malvern EastVIC-26.4%$1.7M · pk 2022
- #13North WonthaggiVIC-24.1%$505K · pk 2022
- #14Glen HuntlyVIC-23.3%$1.5M · pk 2021
- #15WoollahraNSW-23.1%$4.0M · pk 2023
- #16RyeVIC-23.0%$920K · pk 2022
- #17Ocean GroveVIC-23.0%$875K · pk 2022
- #18EssendonVIC-22.8%$1.4M · pk 2022
- #19ArtarmonNSW-22.3%$2.9M · pk 2022
- #20AuldanaSA-22.1%$2.0M · pk 2023
- #21LonguevilleNSW-21.9%$4.8M · pk 2022
- #22Sefton ParkSA-21.4%$1.0M · pk 2021
- #23PortarlingtonVIC-21.3%$775K · pk 2022
- #24KewVIC-21.2%$2.3M · pk 2022
- #25HightonVIC-21.1%$750K · pk 2022
- #26Royston ParkSA-20.9%$1.7M · pk 2021
- #27NorthwoodNSW-20.9%$4.0M · pk 2021
- #28CollarenebriNSW-20.8%$105K · pk 2009
- #29WongawilliNSW-20.7%$1.1M · pk 2014
- #30BrooklynNSW-20.6%$1.1M · pk 2022
- #31UnleySA-20.4%$1.7M · pk 2021
- #32YarrawongaVIC-20.4%$534K · pk 2022
- #33Ballarat NorthVIC-20.3%$500K · pk 2022
- #34YarravilleVIC-19.4%$975K · pk 2022
- #35Sunshine BayNSW-19.1%$708K · pk 2022
- #36DromanaVIC-18.8%$893K · pk 2022
- #37Fishing PointNSW-18.6%$908K · pk 2023
- #38Connells PointNSW-18.4%$2.4M · pk 2023
- #39SunshineVIC-18.4%$710K · pk 2021
- #40Coronet BayVIC-18.1%$520K · pk 2022
- #41CremorneVIC-17.5%$1.2M · pk 2021
- #42PrahranVIC-17.3%$1.5M · pk 2021
- #43BurraneerNSW-17.1%$2.9M · pk 2022
- #44Capel SoundVIC-16.9%$678K · pk 2022
- #45DelacombeVIC-16.4%$477K · pk 2022
- #46LeongathaVIC-16.4%$493K · pk 2022
- #47NewingtonVIC-16.0%$618K · pk 2020
- #48RosebudVIC-15.9%$690K · pk 2022
- #49MentoneVIC-15.8%$1.2M · pk 2022
- #50DarleyVIC-15.5%$600K · pk 2022
| # ▲ | SUBURB | STATE | FROM PEAK | NOW · PEAK | POP |
|---|---|---|---|---|---|
| 1 | Potts Point | NSW | -49.8% | $3.1M · pk 2022 | 7,183 |
| 2 | Nar Nar Goon North | VIC | -45.5% | $324K · pk 2017 | 819 |
| 3 | Millers Point | NSW | -42.6% | $2.7M · pk 2017 | 1,735 |
| 4 | St Kilda West | VIC | -40.2% | $2.0M · pk 2021 | 2,951 |
| 5 | Mount Macedon | VIC | -39.1% | $989K · pk 2021 | 1,450 |
| 6 | Mays Hill | NSW | -38.3% | $1.3M · pk 2017 | 1,902 |
| 7 | Menangle | NSW | -37.0% | $920K · pk 2018 | 1,252 |
| 8 | Anglesea | VIC | -34.4% | $1.1M · pk 2022 | 3,208 |
| 9 | Kurrajong | NSW | -33.3% | $1.1M · pk 2022 | 3,113 |
| 10 | Sorrento | VIC | -30.9% | $1.6M · pk 2022 | 2,013 |
| 11 | Point Lonsdale | VIC | -30.2% | $1.1M · pk 2022 | 3,788 |
| 12 | Malvern East | VIC | -26.4% | $1.7M · pk 2022 | 22,296 |
| 13 | North Wonthaggi | VIC | -24.1% | $505K · pk 2022 | 3,475 |
| 14 | Glen Huntly | VIC | -23.3% | $1.5M · pk 2021 | 4,905 |
| 15 | Woollahra | NSW | -23.1% | $4.0M · pk 2023 | 7,189 |
| 16 | Rye | VIC | -23.0% | $920K · pk 2022 | 9,438 |
| 17 | Ocean Grove | VIC | -23.0% | $875K · pk 2022 | 17,714 |
| 18 | Essendon | VIC | -22.8% | $1.4M · pk 2022 | 21,240 |
| 19 | Artarmon | NSW | -22.3% | $2.9M · pk 2022 | 9,417 |
| 20 | Auldana | SA | -22.1% | $2.0M · pk 2023 | 629 |
| 21 | Longueville | NSW | -21.9% | $4.8M · pk 2022 | 2,116 |
| 22 | Sefton Park | SA | -21.4% | $1.0M · pk 2021 | 1,274 |
| 23 | Portarlington | VIC | -21.3% | $775K · pk 2022 | 4,436 |
| 24 | Kew | VIC | -21.2% | $2.3M · pk 2022 | 24,499 |
| 25 | Highton | VIC | -21.1% | $750K · pk 2022 | 20,736 |
| 26 | Royston Park | SA | -20.9% | $1.7M · pk 2021 | 1,246 |
| 27 | Northwood | NSW | -20.9% | $4.0M · pk 2021 | 916 |
| 28 | Collarenebri | NSW | -20.8% | $105K · pk 2009 | 634 |
| 29 | Wongawilli | NSW | -20.7% | $1.1M · pk 2014 | 1,213 |
| 30 | Brooklyn | NSW | -20.6% | $1.1M · pk 2022 | 737 |
| 31 | Unley | SA | -20.4% | $1.7M · pk 2021 | 3,997 |
| 32 | Yarrawonga | VIC | -20.4% | $534K · pk 2022 | 8,661 |
| 33 | Ballarat North | VIC | -20.3% | $500K · pk 2022 | 4,041 |
| 34 | Yarraville | VIC | -19.4% | $975K · pk 2022 | 15,636 |
| 35 | Sunshine Bay | NSW | -19.1% | $708K · pk 2022 | 1,439 |
| 36 | Dromana | VIC | -18.8% | $893K · pk 2022 | 6,626 |
| 37 | Fishing Point | NSW | -18.6% | $908K · pk 2023 | 1,105 |
| 38 | Connells Point | NSW | -18.4% | $2.4M · pk 2023 | 2,884 |
| 39 | Sunshine | VIC | -18.4% | $710K · pk 2021 | 9,445 |
| 40 | Coronet Bay | VIC | -18.1% | $520K · pk 2022 | 1,108 |
| 41 | Cremorne | VIC | -17.5% | $1.2M · pk 2021 | 2,158 |
| 42 | Prahran | VIC | -17.3% | $1.5M · pk 2021 | 12,203 |
| 43 | Burraneer | NSW | -17.1% | $2.9M · pk 2022 | 3,719 |
| 44 | Capel Sound | VIC | -16.9% | $678K · pk 2022 | 5,246 |
| 45 | Delacombe | VIC | -16.4% | $477K · pk 2022 | 5,408 |
| 46 | Leongatha | VIC | -16.4% | $493K · pk 2022 | 5,869 |
| 47 | Newington | VIC | -16.0% | $618K · pk 2020 | 1,844 |
| 48 | Rosebud | VIC | -15.9% | $690K · pk 2022 | 14,381 |
| 49 | Mentone | VIC | -15.8% | $1.2M · pk 2022 | 13,197 |
| 50 | Darley | VIC | -15.5% | $600K · pk 2022 | 9,190 |
Australian biggest price falls FAQ
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What does Biggest Price Falls rank?
Biggest Price Falls ranks suburbs in Australia using QuickProperty's processed property and locality datasets. Top 50 suburbs furthest below their own all-time house-price peak — peak-to-current drawdown from each suburb’s own history (population > 500).
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How should I use this ranking for property research?
Use the ranking as a screening step for Australia. Save realistic suburbs to your shortlist, compare the strongest two or three, then use suburb detail pages or the calculator to test the final candidate.
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Does the top ranked suburb mean it is the best choice?
No. Rankings are a shortlist input, not a final recommendation. Check price history, rent, income, population, local services, source freshness, and current listings before making a decision.
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How current is the ranking data?
QuickProperty uses processed public-source datasets and refreshes automated sources where available. Use the suburb detail page source panels to see which signals are current, estimated, or missing for a specific suburb.