Price drops in Cheltenham
Listings for sale in Cheltenham, VIC 3192 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
27
25% of 108 live listings
Median cut
5.2%
$50K off the asking price
Days listed before cut
39
median, first listed to latest cut
Cuts, last 30 / 90 days
22 / 22
5 listings have raised instead
Cheltenham price-drop summary
27 listings in Cheltenham (25% of the 108 on the market) are advertised below an earlier asking price. The typical reduction is 5.2%, about $50K. House listings account for 10 of them, with a median cut of 5.3%. Going the other way, 5 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 10 | 5.3% |
| Apartment | 8 | 5.8% |
| Townhouse | 8 | 3.8% |
| Retirement | 1 | 1.0% |
Largest current cuts in Cheltenham
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 12/12 Sydney Street | $900,000 | $750,000 | -16.7% | 2 bed Apartment | |
| 6 Deanswood Court | $1,075,000 | $900,000 | -16.3% | 3 bed House | |
| 2/11 Eden St | $1,150,000 | $970,000 | -15.7% | 3 bed Apartment | |
| 3/320 Warrigal Road | $620,000 | $550,000 | -11.3% | 2 bed Apartment | |
| 16 Barker St | $990,000 | $880,000 | -11.1% | 3 bed House | |
| 5/34 Jean Street | $950,000 | $850,000 | -10.5% | 4 bed Townhouse | |
| 1 Susan Court | $1,150,000 | $1,045,000 | -9.1% | 4 bed House | |
| 202 Centre Dandenong Road | $1,030,000 | $960,000 | -6.8% | 4 bed House | |
| 8/38 Eden Street | $820,000 | $770,000 | -6.1% | 2 bed Apartment | |
| 379 Bay Road | $1,100,000 | $1,040,000 | -5.5% | 3 bed House | |
| 13/250 Charman Road | $550,000 | $520,000 | -5.5% | 2 bed Apartment | |
| 5/15 Sunray Ave | $550,000 | $520,000 | -5.5% | 2 bed Apartment | |
| 198A Warrigal Road | $1,478,000 | $1,400,000 | -5.3% | 4 bed Townhouse | |
| 7/21 Barker St | $770,000 | $730,000 | -5.2% | 2 bed Townhouse | |
| 1 Selwood Retreat | $990,000 | $940,000 | -5.1% | 3 bed House | |
| 3/1a Goulburn Street | $795,000 | $760,000 | -4.4% | 2 bed Townhouse | |
| 40A Jack Road | $1,550,000 | $1,500,000 | -3.2% | 4 bed Townhouse | |
| 68 Chesterville Road | $1,650,000 | $1,600,000 | -3.0% | 4 bed House | |
| 302/9 Chesterville Road | $359,000 | $349,000 | -2.8% | 1 bed Apartment | |
| 26b Luxmoore Street | $1,950,000 | $1,900,000 | -2.6% | 4 bed Townhouse | |
| 62 Herald Street | $1,300,000 | $1,270,000 | -2.3% | 4 bed House | |
| 42 Ambrose Avenue | $920,000 | $899,000 | -2.3% | 3 bed Townhouse | |
| 40 Weymar Street | $1,225,000 | $1,200,000 | -2.0% | 3 bed House | |
| 2/157 Warrigal Road | $759,000 | $750,000 | -1.2% | 2 bed Apartment | |
| 76/62-76 Cavanagh Street | $975,000 | $965,000 | -1.0% | 2 bed Retirement | |
| 13 Regent Parade | $1,165,000 | $1,160,000 | -0.4% | 3 bed House | |
| 2/33 Jean Street | $1,495,000 | $1,490,000 | -0.3% | 4 bed Townhouse |
Suburb profile
Cheltenham market data
Median prices, rents, growth and vacancy for Cheltenham.
Sold prices
Recent sales in Cheltenham
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 Cheltenham: common questions
How many properties in Cheltenham have had a price drop?
27 listings for sale in Cheltenham VIC 3192 are currently advertised below an earlier asking price, 25% of the 108 listings on the market. 22 of those cuts were recorded in the last 30 days and 22 in the last 90.
How much are Cheltenham sellers cutting their prices by?
The median cut is 5.2%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are Cheltenham listings on the market before the price drops?
A median of 39 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.