Price drops in Balwyn
Listings for sale in Balwyn, VIC 3103 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
44
44% of 101 live listings
Median cut
6.5%
$135K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
31 / 37
11 listings have raised instead
Balwyn price-drop summary
44 listings in Balwyn (44% of the 101 on the market) are advertised below an earlier asking price. The typical reduction is 6.5%, about $135K. House listings account for 23 of them, with a median cut of 7.1%. Going the other way, 11 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 23 | 7.1% |
| Apartment | 9 | 5.5% |
| Townhouse | 8 | 7.2% |
| Retirement | 4 | 9.6% |
Largest current cuts in Balwyn
The 30 biggest of 44, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 320/45-51 Banool Road | $595,000 | $395,000 | -33.6% | 1 bed Retirement | |
| 350 Union Road | $5,600,000 | $4,500,000 | -19.6% | 5 bed House | |
| 2/16 Boston Road | $3,550,000 | $2,998,000 | -15.5% | 3 bed Townhouse | |
| 7/16 Boston Road | $6,100,000 | $5,200,000 | -14.8% | 4 bed Townhouse | |
| 6 Highland Avenue | $6,800,000 | $5,850,000 | -14.0% | 5 bed House | |
| 16 Highland Avenue | $2,550,000 | $2,200,000 | -13.7% | 4 bed House | |
| 13 Para Street | $6,300,000 | $5,445,000 | -13.6% | 5 bed House | |
| 3 Westminster Street | $2,599,000 | $2,300,000 | -11.5% | 4 bed House | |
| 2/18 Evelina Street | $2,200,000 | $1,950,000 | -11.4% | 5 bed Townhouse | |
| 203/45-51 Banool Road | $695,000 | $625,000 | -10.1% | 1 bed Retirement | |
| 68 Nungerner Street | $6,180,000 | $5,595,000 | -9.5% | 5 bed House | |
| 150-154 Winmalee Road | $5,500,000 | $5,000,000 | -9.1% | 6 bed House | |
| 39/2a Kireep Road | $494,999 | $450,000 | -9.1% | 2 bed Retirement | |
| 38 Frederick Street | $4,345,000 | $3,960,000 | -8.9% | 5 bed House | |
| 13 Kerry Parade | $2,500,000 | $2,280,000 | -8.8% | 5 bed House | |
| 4/18 Evelina Street | $2,350,000 | $2,150,000 | -8.5% | 5 bed Townhouse | |
| 13 Kalimna Street | $4,400,000 | $4,050,000 | -8.0% | 5 bed House | |
| 206 Belmore Road | $3,800,000 | $3,500,000 | -7.9% | 5 bed House | |
| 43 Stroud Street | $2,800,000 | $2,600,000 | -7.1% | 2 bed House | |
| 7 Relowe Crescent | $2,900,000 | $2,695,000 | -7.1% | 5 bed House | |
| 15 Percy Street | $2,900,000 | $2,700,000 | -6.9% | 4 bed House | |
| 107/184 Whitehorse Road | $600,000 | $560,000 | -6.7% | 2 bed Apartment | |
| 4/113-115 Balwyn Road | $880,000 | $825,000 | -6.3% | 2 bed Apartment | |
| 18 Maleela Avenue | $7,400,000 | $6,950,000 | -6.1% | 5 bed House | |
| 5/198 Belmore Road | $1,680,000 | $1,580,000 | -6.0% | 4 bed Townhouse | |
| 1/8 Bernborough Avenue | $1,050,000 | $990,000 | -5.7% | 2 bed Apartment | |
| 2A Alandale Avenue | $2,650,000 | $2,500,000 | -5.7% | 4 bed House | |
| 8/483 Whitehorse Road | $530,000 | $500,000 | -5.7% | 2 bed Apartment | |
| 2/252 Union Road | $577,500 | $545,500 | -5.5% | 2 bed Apartment | |
| 14B Austin Street | $1,850,000 | $1,750,000 | -5.4% | 3 bed Townhouse |
Suburb profile
Balwyn market data
Median prices, rents, growth and vacancy for Balwyn.
Sold prices
Recent sales in Balwyn
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 Balwyn: common questions
How many properties in Balwyn have had a price drop?
44 listings for sale in Balwyn VIC 3103 are currently advertised below an earlier asking price, 44% of the 101 listings on the market. 31 of those cuts were recorded in the last 30 days and 37 in the last 90.
How much are Balwyn sellers cutting their prices by?
The median cut is 6.5%, or $135K, measured from the previous advertised asking price to the current one on each listing.
How long are Balwyn listings on the market before the price drops?
A median of 60 days from when the listing first appeared to its latest price cut, across 44 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.