Price drops in Bannockburn
Listings for sale in Bannockburn, VIC 3331 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
19
40% of 47 live listings
Median cut
3.9%
$30K off the asking price
Days listed before cut
59
median, first listed to latest cut
Cuts, last 30 / 90 days
14 / 19
no current price rises
Bannockburn price-drop summary
19 listings in Bannockburn (40% of the 47 on the market) are advertised below an earlier asking price. The typical reduction is 3.9%, about $30K. House listings account for 18 of them, with a median cut of 3.9%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 18 | 3.9% |
| Acreage | 1 | 9.1% |
Largest current cuts in Bannockburn
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 8 Fenwick Fairway | $875,000 | $790,000 | -9.7% | 4 bed House | |
| 2300 Midland Highway | $3,245,000 | $2,950,000 | -9.1% | 4 bed Acreage | |
| 166 Russell Road | $3,800,000 | $3,550,000 | -6.6% | 5 bed House | |
| 151 Burnside Road | $1,200,000 | $1,125,000 | -6.3% | 4 bed House | |
| 139 Garonne Drive | $1,165,000 | $1,095,000 | -6.0% | 4 bed House | |
| 164 Mason Road | $1,850,000 | $1,750,000 | -5.4% | 4 bed House | |
| 13 Somerset Court | $1,100,000 | $1,045,000 | -5.0% | 4 bed House | |
| 29 Alice Mews | $809,000 | $770,000 | -4.8% | 4 bed House | |
| 47 Earl Crescent | $750,000 | $720,000 | -4.0% | 4 bed House | |
| 16 Imperial Way | $1,015,000 | $975,000 | -3.9% | 4 bed House | |
| 32 Willowbrae Way | $770,000 | $740,000 | -3.9% | 4 bed House | |
| 3 Trevena Ridge | $820,000 | $790,000 | -3.7% | 4 bed House | |
| 39 Darriwell Drive | $899,000 | $869,000 | -3.3% | 4 bed House | |
| 5 Cabernet Court | $770,000 | $749,000 | -2.7% | 4 bed House | |
| 30 Bournbank Avenue | $799,000 | $779,000 | -2.5% | 4 bed House | |
| 8 Alice Mews | $845,000 | $825,000 | -2.4% | 5 bed House | |
| 9 Glastonbury Close | $645,000 | $630,000 | -2.3% | 3 bed House | |
| 1 Chasseles Place | $650,000 | $639,000 | -1.7% | 3 bed House | |
| 46 Broadhead Way | $820,000 | $809,000 | -1.3% | 4 bed House |
Suburb profile
Bannockburn market data
Median prices, rents, growth and vacancy for Bannockburn.
Sold prices
Recent sales in Bannockburn
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 Bannockburn: common questions
How many properties in Bannockburn have had a price drop?
19 listings for sale in Bannockburn VIC 3331 are currently advertised below an earlier asking price, 40% of the 47 listings on the market. 14 of those cuts were recorded in the last 30 days and 19 in the last 90.
How much are Bannockburn sellers cutting their prices by?
The median cut is 3.9%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Bannockburn listings on the market before the price drops?
A median of 59 days from when the listing first appeared to its latest price cut, across 19 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.