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Price drops in Blackburn

Listings for sale in Blackburn, 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

27

37% of 73 live listings

Median cut

5.4%

$50K off the asking price

Days listed before cut

72

median, first listed to latest cut

Cuts, last 30 / 90 days

17 / 24

5 listings have raised instead

Blackburn price-drop summary

27 listings in Blackburn (37% of the 73 on the market) are advertised below an earlier asking price. The typical reduction is 5.4%, about $50K. House listings account for 12 of them, with a median cut of 6.2%. Going the other way, 5 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House126.2%
Apartment95.9%
Townhouse63.2%

Largest current cuts in Blackburn

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

AddressPrevious askingNow askingCutCut onProperty
3 Anjaya Court$1,320,000$1,100,000-16.7%3 bed House
409/394-398 Middleborough road Blackburn Road$495,000$430,000-13.1%2 bed Apartment
49 Stanley Grove$1,400,000$1,280,000-8.6%3 bed House
20 Central Road$2,020,000$1,850,000-8.4%3 bed House
72 Whitehorse Road$1,080,000$990,000-8.3%3 bed House
3/4 Fir Street$700,000$645,000-7.9%2 bed Apartment
307/296 Middleborough Road$385,000$355,000-7.8%1 bed Apartment
G01/300 Middleborough Road$475,000$440,000-7.4%2 bed Apartment
66 Whitehorse Road$1,700,000$1,590,000-6.5%5 bed House
107 Lake Road$1,580,000$1,480,000-6.3%5 bed House
3/1 Station Street$800,000$750,000-6.3%3 bed Townhouse
2 Wirreanda Court$2,450,000$2,300,000-6.1%4 bed House
402/394-398 Middleborough Road$340,000$320,000-5.9%1 bed Apartment
211/300 Middleborough Road$460,000$435,000-5.4%2 bed Apartment
4 Wirreanda Court$1,980,000$1,880,000-5.1%3 bed House
34 Dickens Street$2,000,000$1,900,000-5.0%4 bed House
2/1a Service Road$900,000$855,000-5.0%2 bed Townhouse
5/2 Minna Street$620,000$590,000-4.8%2 bed Apartment
23 Ashlar Crescent$2,200,000$2,099,000-4.6%4 bed House
LG04/1 Sergeant Street$550,000$530,000-3.6%2 bed Apartment
42 Williams Road$1,450,000$1,400,000-3.4%3 bed House
2/4 Downing Street$1,200,000$1,160,000-3.3%4 bed Townhouse
2/17 Elmhurst Road$1,320,000$1,280,000-3.0%4 bed Townhouse
214/394-398 Middleborough Road$350,000$340,000-2.9%1 bed Apartment
20B Norway Avenue$1,200,000$1,185,000-1.3%3 bed Townhouse
6 Dwyer Street$2,449,000$2,438,000-0.4%5 bed House
5 Frankcom Street$980,000$979,000-0.1%3 bed Townhouse

Suburb profile

Blackburn market data

Median prices, rents, growth and vacancy for Blackburn.

Sold prices

Recent sales in Blackburn

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: common questions

How many properties in Blackburn have had a price drop?

27 listings for sale in Blackburn VIC 3130 are currently advertised below an earlier asking price, 37% of the 73 listings on the market. 17 of those cuts were recorded in the last 30 days and 24 in the last 90.

How much are Blackburn sellers cutting their prices by?

The median cut is 5.4%, or $50K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 72 days from when the listing first appeared to its latest price cut, across 27 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.