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Price drops in Fawkner

Listings for sale in Fawkner, VIC 3060 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

24

44% of 55 live listings

Median cut

6.5%

$50K off the asking price

Days listed before cut

47

median, first listed to latest cut

Cuts, last 30 / 90 days

20 / 21

5 listings have raised instead

Fawkner price-drop summary

24 listings in Fawkner (44% of the 55 on the market) are advertised below an earlier asking price. The typical reduction is 6.5%, about $50K. House listings account for 13 of them, with a median cut of 6.8%. Going the other way, 5 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House136.8%
Townhouse74.5%
Apartment49.0%

Largest current cuts in Fawkner

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

AddressPrevious askingNow askingCutCut onProperty
2/209 McBryde Street$800,000$650,000-18.8%3 bed Apartment
2/54 Ledger Avenue$680,000$594,000-12.6%2 bed Townhouse
1318 Sydney Road$889,000$799,000-10.1%3 bed House
1/31 Lowson Street$720,000$650,000-9.7%4 bed Apartment
35 Bruce Street$1,150,000$1,045,000-9.1%5 bed House
5/1312 Sydney Road$300,000$275,000-8.3%1 bed Apartment
63 William Street$1,300,000$1,200,000-7.7%5 bed House
15a Brooks Street$1,300,000$1,200,000-7.7%4 bed House
59 Alec Crescent$790,000$730,000-7.6%4 bed House
164 Anderson Road$950,000$880,000-7.4%4 bed House
2 Marjory Street$730,000$680,000-6.8%3 bed House
3/26 Edward Street$750,000$700,000-6.7%3 bed Townhouse
2/122 William Street$880,000$825,000-6.3%4 bed Townhouse
48 Murray Street$660,000$620,000-6.1%3 bed House
4/20 Moray Street$500,000$470,000-6.0%2 bed Apartment
22 Elizabeth Street$840,000$790,000-6.0%3 bed House
61 Mcbryde Street$790,000$750,000-5.1%3 bed House
18 Tyson Street$1,045,000$995,000-4.8%3 bed House
3/142 Lorne Street$880,000$840,000-4.5%4 bed Townhouse
1/25 Ledger Avenue$820,000$790,000-3.7%4 bed Townhouse
72 Anderson Road$880,000$850,000-3.4%3 bed House
4/21 Hood Crescent$670,000$650,000-3.0%2 bed Townhouse
92 McBryde Street$920,000$900,000-2.2%3 bed House
1/10 Kathryn Street$880,000$869,000-1.3%4 bed Townhouse

Suburb profile

Fawkner market data

Median prices, rents, growth and vacancy for Fawkner.

Sold prices

Recent sales in Fawkner

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 Fawkner: common questions

How many properties in Fawkner have had a price drop?

24 listings for sale in Fawkner VIC 3060 are currently advertised below an earlier asking price, 44% of the 55 listings on the market. 20 of those cuts were recorded in the last 30 days and 21 in the last 90.

How much are Fawkner sellers cutting their prices by?

The median cut is 6.5%, or $50K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 47 days from when the listing first appeared to its latest price cut, across 24 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.