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Price drops in Black Rock

Listings for sale in Black Rock, VIC 3193 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

10

31% of 32 live listings

Median cut

4.5%

$73K off the asking price

Days listed before cut

54

median, first listed to latest cut

Cuts, last 30 / 90 days

8 / 9

1 listing has raised instead

Black Rock price-drop summary

10 listings in Black Rock (31% of the 32 on the market) are advertised below an earlier asking price. The typical reduction is 4.5%, about $73K. House listings account for 4 of them, with a median cut of 4.6%. Going the other way, 1 listing has raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House44.6%
Apartment34.5%
Townhouse31.4%

Largest current cuts in Black Rock

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

AddressPrevious askingNow askingCutCut onProperty
20/310 Beach Road$790,000$720,000-8.9%2 bed Apartment
18A Iluka Street$2,350,000$2,145,000-8.7%3 bed Townhouse
1 Arkaringa Crescent$2,595,000$2,375,000-8.5%4 bed House
38 Arkaringa Crescent$3,200,000$3,050,000-4.7%5 bed House
36 Second Street$3,300,000$3,150,000-4.5%5 bed House
5/73 Fourth Street$1,100,000$1,050,000-4.5%2 bed Apartment
2a First Street$2,400,000$2,325,000-3.1%3 bed House
7/342 Beach Road$950,000$930,000-2.1%2 bed Apartment
1/9 Karrakatta Street$1,395,000$1,375,000-1.4%3 bed Townhouse
60A Ardoyne Street$2,290,000$2,270,000-0.9%4 bed Townhouse

Suburb profile

Black Rock market data

Median prices, rents, growth and vacancy for Black Rock.

Sold prices

Recent sales in Black Rock

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 Black Rock: common questions

How many properties in Black Rock have had a price drop?

10 listings for sale in Black Rock VIC 3193 are currently advertised below an earlier asking price, 31% of the 32 listings on the market. 8 of those cuts were recorded in the last 30 days and 9 in the last 90.

How much are Black Rock sellers cutting their prices by?

The median cut is 4.5%, or $73K, measured from the previous advertised asking price to the current one on each listing.

How long are Black Rock 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 10 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.