Price drops in Canterbury
Listings for sale in Canterbury, VIC 3126 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
12
27% of 44 live listings
Median cut
5.5%
$200K off the asking price
Days listed before cut
66
median, first listed to latest cut
Cuts, last 30 / 90 days
6 / 7
3 listings have raised instead
Canterbury price-drop summary
12 listings in Canterbury (27% of the 44 on the market) are advertised below an earlier asking price. The typical reduction is 5.5%, about $200K. House listings account for 8 of them, with a median cut of 5.9%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 8 | 5.9% |
| Apartment | 3 | 4.8% |
| Townhouse | 1 | 1.9% |
Largest current cuts in Canterbury
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 8 Victoria Avenue | $10,780,000 | $9,200,000 | -14.7% | 4 bed House | |
| 174 Mont Albert Road | $2,850,000 | $2,650,000 | -7.0% | 4 bed House | |
| 20 Victoria Avenue | $5,880,000 | $5,480,000 | -6.8% | 6 bed House | |
| 17 Alexandra Avenue | $3,300,000 | $3,100,000 | -6.1% | 3 bed House | |
| 13 Golding Street | $6,000,000 | $5,650,000 | -5.8% | 4 bed House | |
| 102/59 Canterbury Road | $525,000 | $495,000 | -5.7% | 1 bed Apartment | |
| 4 Erica Street | $2,695,000 | $2,550,000 | -5.4% | 4 bed House | |
| 3/1 Dudley Parade | $2,100,000 | $2,000,000 | -4.8% | 5 bed Apartment | |
| 32 Parlington Street | $7,450,000 | $7,100,000 | -4.7% | 5 bed House | |
| 1/68 Wattle Valley Road | $990,000 | $950,000 | -4.0% | 2 bed Apartment | |
| 6-8 Mangarra Road | $18,500,000 | $17,900,000 | -3.2% | 5 bed House | |
| 2/43 Faversham Road | $2,130,000 | $2,090,000 | -1.9% | 3 bed Townhouse |
Suburb profile
Canterbury market data
Median prices, rents, growth and vacancy for Canterbury.
Sold prices
Recent sales in Canterbury
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 Canterbury: common questions
How many properties in Canterbury have had a price drop?
12 listings for sale in Canterbury VIC 3126 are currently advertised below an earlier asking price, 27% of the 44 listings on the market. 6 of those cuts were recorded in the last 30 days and 7 in the last 90.
How much are Canterbury sellers cutting their prices by?
The median cut is 5.5%, or $200K, measured from the previous advertised asking price to the current one on each listing.
How long are Canterbury listings on the market before the price drops?
A median of 66 days from when the listing first appeared to its latest price cut, across 12 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.