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Price drops in Armadale

Listings for sale in Armadale, VIC 3143 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

24

39% of 62 live listings

Median cut

4.7%

$47K off the asking price

Days listed before cut

86

median, first listed to latest cut

Cuts, last 30 / 90 days

11 / 19

4 listings have raised instead

Armadale price-drop summary

24 listings in Armadale (39% of the 62 on the market) are advertised below an earlier asking price. The typical reduction is 4.7%, about $47K. Apartment listings account for 18 of them, with a median cut of 4.5%. Going the other way, 4 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment184.5%
House44.7%
Townhouse225.5%

Largest current cuts in Armadale

By percentage, biggest first. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
32 Mercer Road$2,295,000$1,320,000-42.5%4 bed Townhouse
G02/523 Orrong Road$2,750,000$2,400,000-12.7%3 bed Apartment
1204/8A Evergreen Mews$980,000$874,500-10.8%2 bed Apartment
303/608 Orrong Road$5,500,000$4,950,000-10.0%3 bed Apartment
32-34 Kooyong Road$4,600,000$4,200,000-8.7%9 bed House
1/3 Railway Avenue$1,780,000$1,628,000-8.5%4 bed Townhouse
305/608 Orrong Road$2,750,000$2,550,000-7.3%3 bed Apartment
102 Wattletree Road$1,400,000$1,300,000-7.1%3 bed House
4/74 Denbigh Road$440,000$410,000-6.8%1 bed Apartment
10/26 Denbigh Road$735,000$690,000-6.1%2 bed Apartment
2/8C Evergreen Mews$550,000$520,000-5.5%1 bed Apartment
502/7 Evergreen Mews$935,000$890,000-4.8%3 bed Apartment
3/1 Evergreen Mews$1,100,000$1,050,000-4.5%2 bed Apartment
202/6C Evergreen Mews$1,570,000$1,500,000-4.5%3 bed Apartment
905/8C Evergreen Mews$800,000$770,000-3.8%2 bed Apartment
102/881 High Street$540,000$520,000-3.7%2 bed Apartment
11/9 Denbigh Road$600,000$580,000-3.3%2 bed Apartment
202/527 Orrong Road$1,598,000$1,550,000-3.0%2 bed Apartment
2/38 Northcote Road$750,000$730,000-2.7%2 bed Apartment
45 Northcote Road$1,790,000$1,750,000-2.2%3 bed House
G05/608 Orrong Road$2,950,000$2,900,000-1.7%3 bed Apartment
107/960 High Street$1,575,000$1,550,000-1.6%3 bed Apartment
70 Kooyong Road$1,850,000$1,825,000-1.4%3 bed House
501/6c Evergreen Mews$860,000$850,000-1.2%2 bed Apartment

Suburb profile

Armadale market data

Median prices, rents, growth and vacancy for Armadale.

Sold prices

Recent sales in Armadale

What buyers actually paid, and how it compared with the asking price.

Australia-wide

All price rises and cuts

The national feed of asking-price changes, filterable by state, type and size of change.

Price drops in Armadale: common questions

How many properties in Armadale have had a price drop?

24 listings for sale in Armadale VIC 3143 are currently advertised below an earlier asking price, 39% of the 62 listings on the market. 11 of those cuts were recorded in the last 30 days and 19 in the last 90.

How much are Armadale sellers cutting their prices by?

The median cut is 4.7%, or $47K, measured from the previous advertised asking price to the current one on each listing.

How long are Armadale listings on the market before the price drops?

A median of 86 days from when the listing first appeared to its latest price cut, across 24 listings.

What counts as a price drop here?

A listing that is still for sale and whose current advertised asking price was set by a reduction from its previous asking price. Changes that cannot be confirmed as one advertisement repricing, such as several ads sharing one address, are left out.

Showing at most 30 listings. Asking prices are as advertised; a cut is not a sale price.