Price drops in Brooklyn
Listings for sale in Brooklyn, VIC 3012 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
10
42% of 24 live listings
Median cut
3.3%
$28K off the asking price
Days listed before cut
96
median, first listed to latest cut
Cuts, last 30 / 90 days
7 / 9
3 listings have raised instead
Brooklyn price-drop summary
10 listings in Brooklyn (42% of the 24 on the market) are advertised below an earlier asking price. The typical reduction is 3.3%, about $28K. Apartment listings account for 4 of them, with a median cut of 3.1%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 4 | 3.1% |
| House | 4 | 3.6% |
| Other | 1 | 4.2% |
| Villa | 1 | 3.1% |
Largest current cuts in Brooklyn
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 18 Primula Avenue | $1,080,000 | $950,000 | -12.0% | 3 bed House | |
| 3/36 Primula Avenue | $930,000 | $850,000 | -8.6% | 4 bed Apartment | |
| 2 Almond Avenue | $2,400,000 | $2,300,000 | -4.2% | 10 bed | |
| 34 Eames Avenue | $1,300,000 | $1,250,000 | -3.8% | 3 bed House | |
| 22 Eames Avenue | $880,000 | $850,000 | -3.4% | 3 bed House | |
| 2/69 Corrigan Avenue | $640,000 | $620,000 | -3.1% | 2 bed Villa | |
| 3/14 Stenhouse Avenue | $650,000 | $630,000 | -3.1% | 2 bed Apartment | |
| 3/27-29 Eames Avenue | $650,000 | $630,000 | -3.1% | 2 bed Apartment | |
| 1A Almond Avenue | $885,000 | $860,000 | -2.8% | 6 bed House | |
| 3/609 Geelong Road | $620,000 | $610,000 | -1.6% | 2 bed Apartment |
Suburb profile
Brooklyn market data
Median prices, rents, growth and vacancy for Brooklyn.
Sold prices
Recent sales in Brooklyn
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 Brooklyn: common questions
How many properties in Brooklyn have had a price drop?
10 listings for sale in Brooklyn VIC 3012 are currently advertised below an earlier asking price, 42% of the 24 listings on the market. 7 of those cuts were recorded in the last 30 days and 9 in the last 90.
How much are Brooklyn sellers cutting their prices by?
The median cut is 3.3%, or $28K, measured from the previous advertised asking price to the current one on each listing.
How long are Brooklyn listings on the market before the price drops?
A median of 96 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.