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Price drops in Fairfield

Listings for sale in Fairfield, VIC 3078 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

8

33% of 24 live listings

Median cut

3.3%

$50K off the asking price

Days listed before cut

64

median, first listed to latest cut

Cuts, last 30 / 90 days

6 / 7

1 listing has raised instead

Fairfield price-drop summary

8 listings in Fairfield (33% of the 24 on the market) are advertised below an earlier asking price. The typical reduction is 3.3%, about $50K. House listings account for 6 of them, with a median cut of 3.3%. Going the other way, 1 listing has raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House63.3%
Apartment12.6%
Townhouse15.1%

Largest current cuts in Fairfield

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

AddressPrevious askingNow askingCutCut onProperty
93 Gillies Street$2,500,000$2,190,000-12.4%4 bed House
1/212 Arthur Street$890,000$845,000-5.1%2 bed Townhouse
15 Edwin Street$1,450,000$1,395,000-3.8%3 bed House
206 Rathmines Street$1,400,000$1,350,000-3.6%3 bed House
49 Rayment Street$2,350,000$2,280,000-3.0%3 bed House
211 Arthur Street$1,900,000$1,850,000-2.6%4 bed House
104/71 Station Street$780,000$760,000-2.6%2 bed Apartment
234 Station Street$2,250,000$2,200,000-2.2%4 bed House

Suburb profile

Fairfield market data

Median prices, rents, growth and vacancy for Fairfield.

Sold prices

Recent sales in Fairfield

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 Fairfield: common questions

How many properties in Fairfield have had a price drop?

8 listings for sale in Fairfield VIC 3078 are currently advertised below an earlier asking price, 33% of the 24 listings on the market. 6 of those cuts were recorded in the last 30 days and 7 in the last 90.

How much are Fairfield sellers cutting their prices by?

The median cut is 3.3%, or $50K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 64 days from when the listing first appeared to its latest price cut, across 8 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.