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Price drops in Elwood

Listings for sale in Elwood, VIC 3184 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

29

36% of 81 live listings

Median cut

4.8%

$50K off the asking price

Days listed before cut

61

median, first listed to latest cut

Cuts, last 30 / 90 days

21 / 27

6 listings have raised instead

Elwood price-drop summary

29 listings in Elwood (36% of the 81 on the market) are advertised below an earlier asking price. The typical reduction is 4.8%, about $50K. Apartment listings account for 15 of them, with a median cut of 3.7%. Going the other way, 6 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment153.7%
House124.7%
Townhouse26.5%

Largest current cuts in Elwood

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

AddressPrevious askingNow askingCutCut onProperty
5/315 Barkly Street$1,450,000$1,250,000-13.8%3 bed Apartment
64A Goldsmith Street$2,500,000$2,200,000-12.0%3 bed House
Penthouse/12 Docker Street$2,200,000$1,950,000-11.4%3 bed Apartment
327 Barkly Street$2,800,000$2,500,000-10.7%5 bed House
101/12-14 Dickens Street$520,000$475,000-8.7%1 bed Apartment
38 Dickens Street$2,200,000$2,050,000-6.8%3 bed House
2/28 Goldsmith Street$2,750,000$2,565,000-6.7%3 bed Townhouse
103 Ormond Esplanade$4,500,000$4,200,000-6.7%4 bed House
1/96 Addison Street$1,700,000$1,595,000-6.2%3 bed Townhouse
61 Dickens Street$4,200,000$3,950,000-6.0%4 bed House
6/14 Shelley Street$850,000$800,000-5.9%2 bed Apartment
101/73 Tennyson$1,900,000$1,800,000-5.3%3 bed Apartment
8/39 Byron Street$395,000$375,000-5.1%1 bed Apartment
3/21 Rothesay Avenue$700,000$665,000-5.0%2 bed Apartment
59 Dickens Street$3,150,000$3,000,000-4.8%4 bed House
26 Goldsmith Street$3,300,000$3,150,000-4.5%4 bed House
3 Hennessy Avenue$2,200,000$2,100,000-4.5%3 bed House
4/86A Marine Parade$820,000$790,000-3.7%2 bed Apartment
5/10 Avoca Avenue$900,000$870,000-3.3%3 bed Apartment
16/53 Mitford Street$650,000$630,000-3.1%2 bed Apartment
67 Ruskin Street$1,850,000$1,795,000-3.0%3 bed House
15/21-23 Tiuna Grove$710,000$690,000-2.8%2 bed Apartment
2/27 Bendigo Avenue$915,000$890,000-2.7%2 bed Apartment
6/31 Docker Street$400,000$390,000-2.5%1 bed Apartment
110/26-28 Broadway$675,000$660,000-2.2%2 bed Apartment
459 St Kilda Street$2,500,000$2,450,000-2.0%3 bed House
71 Addison Street$3,700,000$3,650,000-1.4%5 bed House
205/26-28 Broadway$595,000$590,000-0.8%2 bed Apartment
10 Lawson Street$2,500,000$2,495,000-0.2%4 bed House

Suburb profile

Elwood market data

Median prices, rents, growth and vacancy for Elwood.

Sold prices

Recent sales in Elwood

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 Elwood: common questions

How many properties in Elwood have had a price drop?

29 listings for sale in Elwood VIC 3184 are currently advertised below an earlier asking price, 36% of the 81 listings on the market. 21 of those cuts were recorded in the last 30 days and 27 in the last 90.

How much are Elwood sellers cutting their prices by?

The median cut is 4.8%, or $50K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 61 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.

Price Drops in Elwood VIC 3184 | PropRadar