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Price drops in Diamond Creek

Listings for sale in Diamond Creek, VIC 3089 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

12

29% of 41 live listings

Median cut

6.0%

$70K off the asking price

Days listed before cut

27

median, first listed to latest cut

Cuts, last 30 / 90 days

8 / 11

3 listings have raised instead

Diamond Creek price-drop summary

12 listings in Diamond Creek (29% of the 41 on the market) are advertised below an earlier asking price. The typical reduction is 6.0%, about $70K. House listings account for 10 of them, with a median cut of 6.6%. Going the other way, 3 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House106.6%
Apartment15.0%
Townhouse12.4%

Largest current cuts in Diamond Creek

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

AddressPrevious askingNow askingCutCut onProperty
53 Phipps Crescent$1,150,000$990,000-13.9%3 bed House
6 Grandview Court$1,530,000$1,350,000-11.8%5 bed House
13 Somali Close$1,650,000$1,500,000-9.1%4 bed House
16 Currawong Court$1,720,000$1,580,000-8.1%6 bed House
4 Elgata Court$1,060,000$990,000-6.6%4 bed House
25 Perversi Avenue$1,070,000$1,000,000-6.5%4 bed House
78 David Hockney Drive$1,450,000$1,370,000-5.5%4 bed House
32A Bruce Street$1,000,000$950,000-5.0%3 bed Apartment
8 Discovery Drive$1,100,000$1,050,000-4.5%5 bed House
39 Serenity Place$1,350,000$1,300,000-3.7%4 bed House
23 Haven Lane$820,000$800,000-2.4%3 bed Townhouse
198 Main Hurstbridge Road$1,280,000$1,250,000-2.3%5 bed House

Suburb profile

Diamond Creek market data

Median prices, rents, growth and vacancy for Diamond Creek.

Sold prices

Recent sales in Diamond Creek

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 Diamond Creek: common questions

How many properties in Diamond Creek have had a price drop?

12 listings for sale in Diamond Creek VIC 3089 are currently advertised below an earlier asking price, 29% of the 41 listings on the market. 8 of those cuts were recorded in the last 30 days and 11 in the last 90.

How much are Diamond Creek sellers cutting their prices by?

The median cut is 6.0%, or $70K, measured from the previous advertised asking price to the current one on each listing.

How long are Diamond Creek listings on the market before the price drops?

A median of 27 days from when the listing first appeared to its latest price cut, across 12 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.