Price drops in Cranbourne
Listings for sale in Cranbourne, 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
38
36% of 106 live listings
Median cut
4.0%
$30K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
31 / 36
3 listings have raised instead
Cranbourne price-drop summary
38 listings in Cranbourne (36% of the 106 on the market) are advertised below an earlier asking price. The typical reduction is 4.0%, about $30K. House listings account for 32 of them, with a median cut of 4.1%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 32 | 4.1% |
| Apartment | 3 | 2.1% |
| Townhouse | 2 | 7.8% |
| Retirement | 1 | 0.2% |
Largest current cuts in Cranbourne
The 30 biggest of 38, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1-3/115 Narre Warren Road | $768,900 | $660,000 | -14.2% | 3 bed Townhouse | |
| 84 Marklin Street | $799,000 | $699,000 | -12.5% | 3 bed House | |
| 9 Hailstone Court | $638,000 | $575,000 | -9.9% | 2 bed House | |
| 34 Bakewell Street | $990,000 | $895,000 | -9.6% | 3 bed House | |
| 1 Sharpe Street | $1,094,000 | $990,000 | -9.5% | 4 bed House | |
| 24 Codrington Street | $820,000 | $750,000 | -8.5% | 3 bed House | |
| 8 Belmar Street | $737,000 | $680,000 | -7.7% | 3 bed House | |
| 74 Marklin Street | $715,000 | $660,000 | -7.7% | 3 bed House | |
| 46 Campbell Parade | $720,000 | $670,000 | -6.9% | 3 bed House | |
| 11 Harrison Drive | $730,000 | $680,000 | -6.8% | 3 bed House | |
| 5 Rimfire Crescent | $1,090,000 | $1,020,000 | -6.4% | 5 bed House | |
| 12 Monahans Road | $740,000 | $695,000 | -6.1% | 3 bed House | |
| 32 Strafford Avenue | $679,000 | $639,000 | -5.9% | 3 bed House | |
| 25 Honey Myrtle Way | $1,045,000 | $988,900 | -5.4% | 5 bed House | |
| 31 Woodright Circuit | $720,000 | $685,000 | -4.9% | 3 bed House | |
| 102/27 Hotham Street | $438,900 | $418,000 | -4.8% | 2 bed Apartment | |
| 59A Lamont Crescent | $690,000 | $660,000 | -4.3% | 3 bed House | |
| 24 Snead Boulevard | $970,000 | $930,000 | -4.1% | 4 bed House | |
| 14 Ryder Street | $1,239,000 | $1,188,000 | -4.1% | 4 bed House | |
| 89 Duff Street | $780,000 | $750,000 | -3.8% | 3 bed House | |
| 40 Russell Street | $820,000 | $790,000 | -3.7% | 4 bed House | |
| 111 Majestic Boulevard | $825,000 | $795,000 | -3.6% | 3 bed House | |
| 9 Circle Drive North | $792,000 | $764,000 | -3.5% | 4 bed House | |
| 3 Lesdon Avenue | $850,000 | $820,000 | -3.5% | 4 bed House | |
| 16 Marklin Street | $600,000 | $580,000 | -3.3% | 3 bed House | |
| 97 Sladen Street | $660,000 | $639,000 | -3.2% | 3 bed House | |
| 3 Mccomb Lane | $680,000 | $659,000 | -3.1% | 3 bed House | |
| 54 Ferndown Drive | $820,000 | $795,000 | -3.0% | 3 bed House | |
| 16 Woodright Circuit | $755,000 | $735,000 | -2.6% | 3 bed House | |
| 24 Russell Street | $770,000 | $750,000 | -2.6% | 3 bed House |
Suburb profile
Cranbourne market data
Median prices, rents, growth and vacancy for Cranbourne.
Sold prices
Recent sales in Cranbourne
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: common questions
How many properties in Cranbourne have had a price drop?
38 listings for sale in Cranbourne VIC 3977 are currently advertised below an earlier asking price, 36% of the 106 listings on the market. 31 of those cuts were recorded in the last 30 days and 36 in the last 90.
How much are Cranbourne sellers cutting their prices by?
The median cut is 4.0%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Cranbourne listings on the market before the price drops?
A median of 60 days from when the listing first appeared to its latest price cut, across 38 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.