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Price drops in Coburg North

Listings for sale in Coburg North, VIC 3058 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

10

38% of 26 live listings

Median cut

5.9%

$60K off the asking price

Days listed before cut

40

median, first listed to latest cut

Cuts, last 30 / 90 days

8 / 9

2 listings have raised instead

Coburg North price-drop summary

10 listings in Coburg North (38% of the 26 on the market) are advertised below an earlier asking price. The typical reduction is 5.9%, about $60K. House listings account for 8 of them, with a median cut of 6.8%. Going the other way, 2 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House86.8%
Townhouse23.8%

Largest current cuts in Coburg North

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

AddressPrevious askingNow askingCutCut onProperty
64 Newlands Road$740,000$649,000-12.3%1 bed House
27 Bakers Road$950,000$860,000-9.5%3 bed House
56 Snapshot Drive$1,200,000$1,100,000-8.3%4 bed House
5 Adler Grove$1,400,000$1,295,000-7.5%4 bed House
21 Keady Street$980,000$920,000-6.1%2 bed House
8 Adler Grove$1,050,000$990,000-5.7%3 bed House
44 Murray Road$1,100,000$1,045,000-5.0%4 bed House
15 Aperture Street$750,000$719,000-4.1%2 bed Townhouse
16 Camera Walk$720,000$695,000-3.5%2 bed Townhouse
241 Elizabeth Street$1,080,000$1,049,000-2.9%3 bed House

Suburb profile

Coburg North market data

Median prices, rents, growth and vacancy for Coburg North.

Sold prices

Recent sales in Coburg North

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 Coburg North: common questions

How many properties in Coburg North have had a price drop?

10 listings for sale in Coburg North VIC 3058 are currently advertised below an earlier asking price, 38% of the 26 listings on the market. 8 of those cuts were recorded in the last 30 days and 9 in the last 90.

How much are Coburg North sellers cutting their prices by?

The median cut is 5.9%, or $60K, measured from the previous advertised asking price to the current one on each listing.

How long are Coburg North listings on the market before the price drops?

A median of 40 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.