Price drops in Burwood
Listings for sale in Burwood, VIC 3125 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
27
36% of 76 live listings
Median cut
6.5%
$70K off the asking price
Days listed before cut
79
median, first listed to latest cut
Cuts, last 30 / 90 days
19 / 24
2 listings have raised instead
Burwood price-drop summary
27 listings in Burwood (36% of the 76 on the market) are advertised below an earlier asking price. The typical reduction is 6.5%, about $70K. House listings account for 10 of them, with a median cut of 6.1%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 10 | 6.1% |
| Apartment | 7 | 6.5% |
| Retirement | 5 | 8.3% |
| Townhouse | 5 | 3.1% |
Largest current cuts in Burwood
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 116/100 Station Street | $995,000 | $879,000 | -11.7% | 2 bed Retirement | |
| 1 Rees Street | $2,370,000 | $2,100,000 | -11.4% | 5 bed House | |
| 41/100 Station Street | $695,000 | $625,000 | -10.1% | 2 bed Retirement | |
| 134/100 Station Street | $915,000 | $839,000 | -8.3% | 2 bed Retirement | |
| 13A Farleigh Avenue | $1,045,000 | $960,000 | -8.1% | 3 bed Apartment | |
| 76/100 Station Street | $925,000 | $850,000 | -8.1% | 2 bed Retirement | |
| 9/1 Winton St | $1,300,000 | $1,200,000 | -7.7% | 4 bed Townhouse | |
| 32 Morton Road | $2,800,000 | $2,600,000 | -7.1% | 4 bed House | |
| G04B/57 Middleborough Road | $500,000 | $465,000 | -7.0% | 2 bed Apartment | |
| 308A/399 Burwood Highway | $500,000 | $465,000 | -7.0% | 2 bed Apartment | |
| 11 Somers Street | $1,290,000 | $1,200,000 | -7.0% | 4 bed House | |
| 4 Spence Street | $2,650,000 | $2,475,000 | -6.6% | 6 bed House | |
| 6/51 Middleborough Road | $695,000 | $649,950 | -6.5% | 2 bed Apartment | |
| 24 Farleigh Avenue | $1,550,000 | $1,450,000 | -6.5% | 4 bed House | |
| 9/38 Livingstone Close | $735,000 | $690,000 | -6.1% | 2 bed Apartment | |
| 65 Elgar Road | $3,880,000 | $3,660,000 | -5.7% | 5 bed House | |
| 25 Renown Street | $1,850,000 | $1,750,000 | -5.4% | 2 bed House | |
| 19/100 Station Street | $760,000 | $720,000 | -5.3% | 2 bed Retirement | |
| G05/137 - 139 Burwood Highway | $580,000 | $550,000 | -5.2% | 2 bed Apartment | |
| 8/338 Burwood Highway | $935,000 | $890,000 | -4.8% | 3 bed Townhouse | |
| 33 Goold Street | $1,075,000 | $1,030,000 | -4.2% | 3 bed House | |
| 28 Waratah Avenue | $1,690,000 | $1,620,000 | -4.1% | 4 bed House | |
| 10 Banksia Street | $1,650,000 | $1,595,000 | -3.3% | 5 bed House | |
| 3/6 Eley Road | $1,280,000 | $1,240,000 | -3.1% | 4 bed Townhouse | |
| 2/14 Mccubbin | $960,000 | $930,000 | -3.1% | 4 bed Townhouse | |
| 114/326-328 Burwood Highway | $490,000 | $475,000 | -3.1% | 2 bed Apartment | |
| 32 Donald Road | $1,380,000 | $1,360,000 | -1.4% | 3 bed Townhouse |
Suburb profile
Burwood market data
Median prices, rents, growth and vacancy for Burwood.
Sold prices
Recent sales in Burwood
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 Burwood: common questions
How many properties in Burwood have had a price drop?
27 listings for sale in Burwood VIC 3125 are currently advertised below an earlier asking price, 36% of the 76 listings on the market. 19 of those cuts were recorded in the last 30 days and 24 in the last 90.
How much are Burwood sellers cutting their prices by?
The median cut is 6.5%, or $70K, measured from the previous advertised asking price to the current one on each listing.
How long are Burwood listings on the market before the price drops?
A median of 79 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.