Price drops in Essendon North
Listings for sale in Essendon North, VIC 3041 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
5
29% of 17 live listings
Median cut
1.4%
$10K off the asking price
Days listed before cut
51
median, first listed to latest cut
Cuts, last 30 / 90 days
5 / 5
2 listings have raised instead
Essendon North price-drop summary
5 listings in Essendon North (29% of the 17 on the market) are advertised below an earlier asking price. The typical reduction is 1.4%, about $10K. Apartment listings account for 3 of them, with a median cut of 1.4%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 3 | 1.4% |
| House | 1 | 5.2% |
| Villa | 1 | 1.3% |
Largest current cuts in Essendon North
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 51 Bulla Road | $3,880,000 | $3,680,000 | -5.2% | 5 bed House | |
| 321/2 Gillies Street | $495,000 | $480,000 | -3.0% | 2 bed Apartment | |
| 410/110 Keilor Road | $365,000 | $359,990 | -1.4% | 1 bed Apartment | |
| 1/8-12 Gillies Street | $800,000 | $790,000 | -1.3% | 3 bed Villa | |
| 2/222 Keilor Road | $550,000 | $549,990 | -0.0% | 2 bed Apartment |
Suburb profile
Essendon North market data
Median prices, rents, growth and vacancy for Essendon North.
Sold prices
Recent sales in Essendon North
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 Essendon North: common questions
How many properties in Essendon North have had a price drop?
5 listings for sale in Essendon North VIC 3041 are currently advertised below an earlier asking price, 29% of the 17 listings on the market. 5 of those cuts were recorded in the last 30 days and 5 in the last 90.
How much are Essendon North sellers cutting their prices by?
The median cut is 1.4%, or $10K, measured from the previous advertised asking price to the current one on each listing.
How long are Essendon North listings on the market before the price drops?
A median of 51 days from when the listing first appeared to its latest price cut, across 5 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.