Price drops in Belmont
Listings for sale in Belmont, VIC 3216 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
25
34% of 74 live listings
Median cut
3.9%
$30K off the asking price
Days listed before cut
54
median, first listed to latest cut
Cuts, last 30 / 90 days
21 / 23
1 listing has raised instead
Belmont price-drop summary
25 listings in Belmont (34% of the 74 on the market) are advertised below an earlier asking price. The typical reduction is 3.9%, about $30K. House listings account for 14 of them, with a median cut of 3.6%. Going the other way, 1 listing has raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 14 | 3.6% |
| Apartment | 7 | 3.8% |
| Townhouse | 4 | 5.3% |
Largest current cuts in Belmont
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 8 Summit Avenue | $850,000 | $780,000 | -8.2% | 3 bed House | |
| 1/168 Francis Street | $520,000 | $479,000 | -7.9% | 2 bed Apartment | |
| 38B Settlement Road | $730,000 | $675,000 | -7.5% | 3 bed Apartment | |
| 5 Gill Street | $1,075,000 | $999,000 | -7.1% | 3 bed House | |
| 2 Church Street | $1,050,000 | $980,000 | -6.7% | 3 bed House | |
| 2/2 Fairbrae Avenue | $810,000 | $759,000 | -6.3% | 3 bed Townhouse | |
| 26 Learmouth Street | $829,000 | $779,000 | -6.0% | 5 bed House | |
| 6/41A Settlement Road | $619,000 | $585,000 | -5.5% | 3 bed Townhouse | |
| 3/54 Cambra Road | $369,000 | $350,000 | -5.1% | 1 bed Apartment | |
| 2/1 Church Street | $809,000 | $768,000 | -5.1% | 3 bed Townhouse | |
| 262 High Street | $920,000 | $878,000 | -4.6% | 3 bed House | |
| 3 Savage Street | $889,000 | $849,000 | -4.5% | 3 bed House | |
| 154 Francis Street | $760,000 | $730,000 | -3.9% | 3 bed House | |
| 1/7 Sanglen Terrace | $395,000 | $380,000 | -3.8% | 1 bed Apartment | |
| 1/6 Union Street | $800,000 | $770,000 | -3.8% | 3 bed Townhouse | |
| 4/86 Settlement Road | $519,000 | $500,000 | -3.7% | 2 bed Apartment | |
| 45 Barrabool Road | $900,000 | $870,000 | -3.3% | 3 bed House | |
| 5 Tasman Avenue | $990,000 | $960,000 | -3.0% | 4 bed House | |
| 10 Sanglen Terrace | $825,000 | $800,000 | -3.0% | 3 bed House | |
| 30 Riverview Terrace | $2,050,000 | $1,995,000 | -2.7% | 4 bed House | |
| 6 Dorr Court | $830,000 | $809,000 | -2.5% | 3 bed House | |
| 3/7 Sanglen Terrace | $389,000 | $380,000 | -2.3% | 1 bed Apartment | |
| 298 High Street | $760,000 | $745,000 | -2.0% | 3 bed House | |
| 2/46 James Street | $809,000 | $799,000 | -1.2% | 4 bed Apartment | |
| 11 William Street | $839,000 | $829,000 | -1.2% | 2 bed House |
Suburb profile
Belmont market data
Median prices, rents, growth and vacancy for Belmont.
Sold prices
Recent sales in Belmont
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 Belmont: common questions
How many properties in Belmont have had a price drop?
25 listings for sale in Belmont VIC 3216 are currently advertised below an earlier asking price, 34% of the 74 listings on the market. 21 of those cuts were recorded in the last 30 days and 23 in the last 90.
How much are Belmont 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 Belmont listings on the market before the price drops?
A median of 54 days from when the listing first appeared to its latest price cut, across 25 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.