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Price drops in Blackburn South

Listings for sale in Blackburn South, VIC 3130 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

16

44% of 36 live listings

Median cut

6.3%

$98K off the asking price

Days listed before cut

44

median, first listed to latest cut

Cuts, last 30 / 90 days

15 / 15

5 listings have raised instead

Blackburn South price-drop summary

16 listings in Blackburn South (44% of the 36 on the market) are advertised below an earlier asking price. The typical reduction is 6.3%, about $98K. House listings account for 12 of them, with a median cut of 6.5%. Going the other way, 5 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House126.5%
Apartment32.9%
Townhouse16.7%

Largest current cuts in Blackburn South

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

AddressPrevious askingNow askingCutCut onProperty
142 Middleborough Road$1,400,000$1,100,000-21.4%3 bed House
54 Samuel Road$2,530,000$2,200,000-13.0%5 bed House
11 Hetrel Court$1,620,000$1,450,000-10.5%4 bed House
2/11 Indra Road$930,000$835,000-10.2%3 bed Apartment
155 Holland Road$1,485,000$1,350,000-9.1%4 bed House
25 Ayr Street$3,400,000$3,150,000-7.4%5 bed House
72 Baratta Street$3,100,000$2,880,000-7.1%5 bed House
2/3 Aldinga Street$1,500,000$1,400,000-6.7%4 bed Townhouse
35 Lawrence Street$1,700,000$1,600,000-5.9%3 bed House
2 Harrow Street$1,180,000$1,120,000-5.1%3 bed House
3 Pursell Avenue$1,050,000$1,000,000-4.8%4 bed House
26 Brazeel Street$1,150,000$1,100,000-4.3%4 bed House
165 Holland Road$1,450,000$1,400,000-3.4%5 bed House
1/8 Boyd Street$1,020,000$990,000-2.9%3 bed Apartment
G04/20-22 Canterbury Road$590,000$575,000-2.5%2 bed Apartment
271 Blackburn Road$1,100,000$1,078,000-2.0%3 bed House

Suburb profile

Blackburn South market data

Median prices, rents, growth and vacancy for Blackburn South.

Sold prices

Recent sales in Blackburn South

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 Blackburn South: common questions

How many properties in Blackburn South have had a price drop?

16 listings for sale in Blackburn South VIC 3130 are currently advertised below an earlier asking price, 44% of the 36 listings on the market. 15 of those cuts were recorded in the last 30 days and 15 in the last 90.

How much are Blackburn South sellers cutting their prices by?

The median cut is 6.3%, or $98K, measured from the previous advertised asking price to the current one on each listing.

How long are Blackburn South listings on the market before the price drops?

A median of 44 days from when the listing first appeared to its latest price cut, across 16 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.