Price drops in Essendon
Listings for sale in Essendon, VIC 3040 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
29
28% of 102 live listings
Median cut
5.2%
$60K off the asking price
Days listed before cut
49
median, first listed to latest cut
Cuts, last 30 / 90 days
23 / 27
6 listings have raised instead
Essendon price-drop summary
29 listings in Essendon (28% of the 102 on the market) are advertised below an earlier asking price. The typical reduction is 5.2%, about $60K. House listings account for 20 of them, with a median cut of 5.0%. Going the other way, 6 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 20 | 5.0% |
| Apartment | 5 | 5.7% |
| Townhouse | 2 | 7.9% |
| Villa | 2 | 0.7% |
Largest current cuts in Essendon
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 57 Amelia Avenue | $1,200,000 | $1,050,000 | -12.5% | 1 bed House | |
| 22 Mary Street | $1,980,000 | $1,750,000 | -11.6% | 4 bed House | |
| 5/25 Winifred Street | $600,000 | $535,000 | -10.8% | 2 bed Apartment | |
| 2/134 Ogilvie Street | $1,250,000 | $1,125,000 | -10.0% | 3 bed Townhouse | |
| 10 Cudmore Street | $2,200,000 | $2,000,000 | -9.1% | 4 bed House | |
| 20 Shaftesbury Street | $1,925,000 | $1,750,000 | -9.1% | 5 bed House | |
| 35 Leslie Road | $3,600,000 | $3,300,000 | -8.3% | 5 bed House | |
| 7 Carnarvon Road | $2,500,000 | $2,300,000 | -8.0% | 2 bed House | |
| 119 Woodland Street | $3,795,000 | $3,495,000 | -7.9% | 4 bed House | |
| 9 Butler Street | $1,650,000 | $1,540,000 | -6.7% | 3 bed House | |
| 112/76 Keilor Road | $475,000 | $445,000 | -6.3% | 2 bed Apartment | |
| 1/2 Balmoral | $600,000 | $565,000 | -5.8% | 2 bed Townhouse | |
| 106/201 Buckley Street | $350,000 | $330,000 | -5.7% | 1 bed Apartment | |
| 402/55 Collins St | $380,000 | $360,000 | -5.3% | 1 bed Apartment | |
| 52 William Street | $5,800,000 | $5,500,000 | -5.2% | 5 bed House | |
| 71 Price Street | $1,400,000 | $1,330,000 | -5.0% | 3 bed House | |
| 122 Cooper Street | $1,000,000 | $950,000 | -5.0% | 3 bed House | |
| 304/314 Pascoe Vale Road | $575,000 | $550,000 | -4.3% | 2 bed Apartment | |
| 29 Peterleigh Grove | $1,550,000 | $1,490,000 | -3.9% | 3 bed House | |
| 28A Braemar Street | $1,450,000 | $1,400,000 | -3.4% | 3 bed House | |
| 269 Pascoe Vale Road | $1,760,000 | $1,700,000 | -3.4% | 5 bed House | |
| 31A Gilbertson Street | $3,300,000 | $3,190,000 | -3.3% | 4 bed House | |
| 72 Fitzgerald Road | $1,550,000 | $1,500,000 | -3.2% | 3 bed House | |
| 46 Fitzgerald Road | $950,000 | $920,000 | -3.2% | 2 bed House | |
| 17 Elder Parade | $2,350,000 | $2,300,000 | -2.1% | 4 bed House | |
| 79 Napier Crescent | $1,850,000 | $1,825,000 | -1.4% | 4 bed House | |
| 3/933 Mt Alexander Road | $720,000 | $715,000 | -0.7% | 2 bed Villa | |
| Unit 3/933 Mt Alexander Road | $720,000 | $715,000 | -0.7% | 2 bed Villa | |
| 22 Collins Street | $3,050,000 | $3,040,000 | -0.3% | 5 bed House |
Suburb profile
Essendon market data
Median prices, rents, growth and vacancy for Essendon.
Sold prices
Recent sales in Essendon
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: common questions
How many properties in Essendon have had a price drop?
29 listings for sale in Essendon VIC 3040 are currently advertised below an earlier asking price, 28% of the 102 listings on the market. 23 of those cuts were recorded in the last 30 days and 27 in the last 90.
How much are Essendon sellers cutting their prices by?
The median cut is 5.2%, or $60K, measured from the previous advertised asking price to the current one on each listing.
How long are Essendon listings on the market before the price drops?
A median of 49 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.