Price drops in Elsternwick
Listings for sale in Elsternwick, VIC 3185 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
14
32% of 44 live listings
Median cut
6.3%
$78K off the asking price
Days listed before cut
85
median, first listed to latest cut
Cuts, last 30 / 90 days
10 / 11
4 listings have raised instead
Elsternwick price-drop summary
14 listings in Elsternwick (32% of the 44 on the market) are advertised below an earlier asking price. The typical reduction is 6.3%, about $78K. Apartment listings account for 7 of them, with a median cut of 6.3%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 7 | 6.3% |
| House | 3 | 6.9% |
| Townhouse | 2 | 2.6% |
| Retirement | 1 | 8.8% |
| Villa | 1 | 8.3% |
Largest current cuts in Elsternwick
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1003/241 Glen Huntly Road | $2,475,000 | $2,100,000 | -15.2% | 3 bed Apartment | |
| 14 Parnell Street | $3,600,000 | $3,100,000 | -13.9% | 4 bed House | |
| 803/241 Glen Huntly Road | $2,395,000 | $2,100,000 | -12.3% | 3 bed Apartment | |
| 20/88 Orrong Road | $795,000 | $725,000 | -8.8% | 2 bed Retirement | |
| 5/24 Parnell Street | $1,080,000 | $990,000 | -8.3% | 3 bed Villa | |
| 142 Orrong Road | $1,450,000 | $1,350,000 | -6.9% | 3 bed House | |
| 1/30 College Street | $950,000 | $890,000 | -6.3% | 2 bed Apartment | |
| 3/14 Orrong Road | $820,000 | $768,500 | -6.3% | 2 bed Apartment | |
| 24 Denver Crescent | $2,430,000 | $2,280,000 | -6.2% | 5 bed House | |
| 5/304 Glen Eira Road | $850,000 | $799,000 | -6.0% | 2 bed Apartment | |
| 3/66 Orrong Road | $1,650,000 | $1,565,000 | -5.2% | 3 bed Townhouse | |
| 302/483 Glen Huntly Road | $650,000 | $630,000 | -3.1% | 2 bed Apartment | |
| 805/18 Mccombie Street | $880,000 | $860,000 | -2.3% | 3 bed Apartment | |
| 6/30 Victoria Street | $1,300,000 | $1,299,500 | -0.0% | 3 bed Townhouse |
Suburb profile
Elsternwick market data
Median prices, rents, growth and vacancy for Elsternwick.
Sold prices
Recent sales in Elsternwick
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 Elsternwick: common questions
How many properties in Elsternwick have had a price drop?
14 listings for sale in Elsternwick VIC 3185 are currently advertised below an earlier asking price, 32% of the 44 listings on the market. 10 of those cuts were recorded in the last 30 days and 11 in the last 90.
How much are Elsternwick sellers cutting their prices by?
The median cut is 6.3%, or $78K, measured from the previous advertised asking price to the current one on each listing.
How long are Elsternwick listings on the market before the price drops?
A median of 85 days from when the listing first appeared to its latest price cut, across 14 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.