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Price drops in Cranbourne West

Listings for sale in Cranbourne West, 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

29

38% of 77 live listings

Median cut

3.8%

$30K off the asking price

Days listed before cut

49

median, first listed to latest cut

Cuts, last 30 / 90 days

23 / 27

2 listings have raised instead

Cranbourne West price-drop summary

29 listings in Cranbourne West (38% of the 77 on the market) are advertised below an earlier asking price. The typical reduction is 3.8%, about $30K. House listings account for 28 of them, with a median cut of 3.7%. Going the other way, 2 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House283.7%
Townhouse14.8%

Largest current cuts in Cranbourne West

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

AddressPrevious askingNow askingCutCut onProperty
97 Alarah Boulevard$1,265,000$1,150,000-9.1%5 bed House
39 Bellbrae Crescent$790,000$720,000-8.9%3 bed House
19 Providence Drive$695,000$649,000-6.6%3 bed House
72 Central Parkway$935,000$874,500-6.5%4 bed House
5 Ranfurlie Boulevard$959,000$899,000-6.3%4 bed House
43 Spearwood Rise$902,000$850,000-5.8%4 bed House
25 Cultura Walk$700,000$660,000-5.7%4 bed House
37 Breens Road$825,000$780,000-5.5%3 bed House
13 Taplan Crescent$935,000$885,000-5.3%4 bed House
67 Hayton Park Boulevard$1,049,000$995,000-5.1%5 bed House
12 Push-pea Way$630,000$600,000-4.8%3 bed Townhouse
92 Calais Circuit$890,000$850,000-4.5%4 bed House
62 Raisell Road$700,000$670,000-4.3%3 bed House
8 Verve Circuit$1,200,000$1,150,000-4.2%5 bed House
1 Polson Way$785,000$755,000-3.8%3 bed House
42 Sanctum Parade$825,000$795,000-3.6%4 bed House
5 Raffindale Crescent$740,000$715,000-3.4%3 bed House
32 Grandvista Crescent$600,000$580,000-3.3%3 bed House
14 Marnie Dr$755,000$730,000-3.3%3 bed House
8 Best Street$1,250,000$1,210,000-3.2%4 bed House
32 Myrtle Walk$639,000$619,000-3.1%3 bed House
1 Shadi Court$699,000$679,000-2.9%3 bed House
7 Scotland Circuit$735,000$715,000-2.7%4 bed House
26 Elcan Avenue$749,000$729,000-2.7%3 bed House
4 Helensburch Passage$630,000$615,000-2.4%3 bed House
20 Push-Pea Way$680,000$665,000-2.2%3 bed House
20 Providence Drive$710,000$695,000-2.1%3 bed House
45 Pegasus Road$969,000$949,000-2.1%4 bed House
20 Panama Road$880,000$870,000-1.1%4 bed House

Suburb profile

Cranbourne West market data

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

Sold prices

Recent sales in Cranbourne West

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 West: common questions

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

29 listings for sale in Cranbourne West VIC 3977 are currently advertised below an earlier asking price, 38% of the 77 listings on the market. 23 of those cuts were recorded in the last 30 days and 27 in the last 90.

How much are Cranbourne West sellers cutting their prices by?

The median cut is 3.8%, or $30K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 49 days from when the listing first appeared to its latest price cut, across 29 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.