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Price drops in Cranbourne East

Listings for sale in Cranbourne East, VIC 3977 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

56

41% of 136 live listings

Median cut

3.5%

$30K off the asking price

Days listed before cut

45

median, first listed to latest cut

Cuts, last 30 / 90 days

50 / 54

5 listings have raised instead

Cranbourne East price-drop summary

56 listings in Cranbourne East (41% of the 136 on the market) are advertised below an earlier asking price. The typical reduction is 3.5%, about $30K. House listings account for 53 of them, with a median cut of 3.4%. Going the other way, 5 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House533.4%
Apartment14.2%
Retirement16.8%
Townhouse19.1%

Largest current cuts in Cranbourne East

The 30 biggest of 56, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
38 Mayfield Road$2,750,000$2,420,000-12.0%4 bed House
55 Challenger Circuit$933,000$839,000-10.1%4 bed House
10 Ollie Place$605,000$550,000-9.1%3 bed Townhouse
60 Portbury Circuit$1,199,000$1,099,000-8.3%5 bed House
31 Criterion Way$715,000$660,000-7.7%3 bed House
43 Hunt Club Boulevard$1,220,000$1,129,000-7.5%5 bed House
14 Mossman Drive$820,000$760,000-7.3%4 bed House
18 McAllister Drive$935,000$869,000-7.1%5 bed House
37/45 Annabella Street$590,000$550,000-6.8%2 bed Retirement
35 Rupert Street$825,000$770,000-6.7%4 bed House
47 Briarcrest Drive$800,000$750,000-6.3%3 bed House
7 Beauchamp Way$860,000$815,000-5.2%4 bed House
34 Fable Way$985,000$935,000-5.1%4 bed House
12 SHELBURN WAY$870,000$830,000-4.6%4 bed House
12 Tattle Grove$880,000$840,000-4.5%4 bed House
28 Royaloak Crescent$910,000$870,000-4.4%4 bed House
27 Dan Morgan Drive$939,000$899,000-4.3%5 bed House
25/2 Rochester Parade$599,999$575,000-4.2%2 bed Apartment
47 Patrobas Loop$750,000$720,000-4.0%4 bed House
5 McEwan Drive$885,000$850,000-4.0%4 bed House
17 Royaloak Crescent$1,200,000$1,155,000-3.8%4 bed House
12 Moonstone Crescent$720,000$693,000-3.8%4 bed House
21 Spirit Boulevard$810,000$780,000-3.7%4 bed House
5 Comice Road$825,000$795,000-3.6%5 bed House
19 Emmer Green Retreat$830,000$800,000-3.6%4 bed House
9 Ben Hall Street$840,000$810,000-3.6%4 bed House
10 Pitfield Avenue$860,000$830,000-3.5%4 bed House
6 Beagle Street$865,000$835,000-3.5%4 bed House
8 Haines Street$870,000$840,000-3.4%4 bed House
8 Howden Street$880,000$850,000-3.4%4 bed House

Suburb profile

Cranbourne East market data

Median prices, rents, growth and vacancy for Cranbourne East.

Sold prices

Recent sales in Cranbourne East

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 Cranbourne East: common questions

How many properties in Cranbourne East have had a price drop?

56 listings for sale in Cranbourne East VIC 3977 are currently advertised below an earlier asking price, 41% of the 136 listings on the market. 50 of those cuts were recorded in the last 30 days and 54 in the last 90.

How much are Cranbourne East sellers cutting their prices by?

The median cut is 3.5%, or $30K, measured from the previous advertised asking price to the current one on each listing.

How long are Cranbourne East listings on the market before the price drops?

A median of 45 days from when the listing first appeared to its latest price cut, across 56 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.