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Price drops in Docklands

Listings for sale in Docklands, VIC 3008 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

108

39% of 280 live listings

Median cut

4.6%

$30K off the asking price

Days listed before cut

62

median, first listed to latest cut

Cuts, last 30 / 90 days

63 / 84

17 listings have raised instead

Docklands price-drop summary

108 listings in Docklands (39% of the 280 on the market) are advertised below an earlier asking price. The typical reduction is 4.6%, about $30K. Apartment listings account for 105 of them, with a median cut of 4.6%. Going the other way, 17 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment1054.6%
Townhouse27.3%
House13.0%

Largest current cuts in Docklands

The 30 biggest of 108, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
2902/1 Point Park Crescent$2,300,000$1,750,000-23.9%3 bed Apartment
1301/15 Caravel Lane$1,250,000$1,095,000-12.4%3 bed Apartment
1803/421 docklands drive$485,000$430,000-11.3%2 bed Apartment
3104/70 Lorimer Street$2,585,000$2,310,000-10.6%4 bed Apartment
801/8 Marmion Place$800,000$715,000-10.6%2 bed Apartment
301/628 Flinders Street$520,000$465,000-10.6%1 bed Apartment
2208N/889 Collins St$670,000$600,000-10.4%2 bed Apartment
703/103 South Wharf Drive$890,000$800,000-10.1%2 bed Apartment
803e/888 Collins Street$420,000$380,000-9.5%1 bed Apartment
1101/9 Waterside Place$850,000$770,000-9.4%2 bed Apartment
812N/889 Collins Street$640,000$580,000-9.4%2 bed Apartment
1004W/888 Collins Street$440,000$399,000-9.3%1 bed Apartment
917/614-666 Flinders Street$550,000$500,000-9.1%2 bed Apartment
2607/8 Pearl River Road$460,000$420,000-8.7%1 bed Apartment
1301/70 Lorimer Street$1,985,000$1,825,000-8.1%4 bed Apartment
2005e/888 Collins Street$650,000$600,000-7.7%2 bed Apartment
97 South Wharf Drive$1,450,000$1,340,000-7.6%3 bed Townhouse
305/55 Victoria Harbour Promenade$2,000,000$1,850,000-7.5%4 bed Apartment
1306/8 Pearl River Rd$400,000$370,000-7.5%1 bed Apartment
1012/15 Doepel Way$625,000$580,000-7.2%2 bed Apartment
2903/1 Point Park Crescent$1,400,000$1,300,000-7.1%3 bed Apartment
1112/25 Waterfront Way$990,000$920,000-7.1%2 bed Apartment
707/3 Aquitania Way$483,900$449,700-7.1%1 bed Apartment
2201/80 Lorimer Street$1,990,000$1,850,000-7.0%3 bed Apartment
98 South Wharf Drive$1,990,000$1,850,000-7.0%4 bed Townhouse
1106/81 South Wharf Drive$860,000$800,000-7.0%2 bed Apartment
701N/889 Collins Street$580,000$540,000-6.9%2 bed Apartment
2805/103 South Wharf Drive$1,030,000$960,000-6.8%2 bed Apartment
3409E/888 Collins Street$412,500$385,000-6.7%1 bed Apartment
2803n/883 Collins Street$1,060,000$990,000-6.6%3 bed Apartment

Suburb profile

Docklands market data

Median prices, rents, growth and vacancy for Docklands.

Sold prices

Recent sales in Docklands

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 Docklands: common questions

How many properties in Docklands have had a price drop?

108 listings for sale in Docklands VIC 3008 are currently advertised below an earlier asking price, 39% of the 280 listings on the market. 63 of those cuts were recorded in the last 30 days and 84 in the last 90.

How much are Docklands sellers cutting their prices by?

The median cut is 4.6%, or $30K, measured from the previous advertised asking price to the current one on each listing.

How long are Docklands listings on the market before the price drops?

A median of 62 days from when the listing first appeared to its latest price cut, across 108 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.