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Price drops in Footscray

Listings for sale in Footscray, VIC 3011 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

51

35% of 147 live listings

Median cut

4.3%

$20K off the asking price

Days listed before cut

71

median, first listed to latest cut

Cuts, last 30 / 90 days

33 / 42

11 listings have raised instead

Footscray price-drop summary

51 listings in Footscray (35% of the 147 on the market) are advertised below an earlier asking price. The typical reduction is 4.3%, about $20K. Apartment listings account for 42 of them, with a median cut of 4.5%. Going the other way, 11 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment424.5%
Townhouse63.6%
House33.1%

Largest current cuts in Footscray

The 30 biggest of 51, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
30 Geelong Road$990,000$880,000-11.1%3 bed House
609/55 Hopkins Street$730,000$650,000-11.0%3 bed Apartment
1907/5 Joseph Road$605,000$550,000-9.1%2 bed Apartment
508/1 Warde Street$599,500$550,000-8.3%2 bed Apartment
218/51 Gordon Street$126,000$116,000-7.9%1 bed Apartment
1/36 Eldridge street$525,000$485,000-7.6%2 bed Apartment
1901/8 Joseph Road$995,000$920,000-7.5%3 bed Apartment
709B/8 Falcon Court$485,000$450,000-7.2%1 bed Apartment
601/99 Donald Street$770,000$715,000-7.1%3 bed Apartment
1003/2 Hallenstein St$460,000$429,000-6.7%1 bed Apartment
101/59 Droop Street$375,000$350,000-6.7%1 bed Apartment
612/4 Joseph Road$530,000$495,000-6.6%2 bed Apartment
1206/4 Joseph Rd$620,000$580,000-6.5%2 bed Apartment
404E/1 Hallenstein Street$638,000$598,000-6.3%3 bed Apartment
1704/6 Joseph Road$629,000$590,000-6.2%2 bed Apartment
2606/8 Hallenstein St$850,000$800,000-5.9%3 bed Apartment
1307/188 Ballarat Road$730,000$690,000-5.5%3 bed Apartment
308/188 Ballarat Road$580,000$550,000-5.2%2 bed Apartment
1307C/6 Joseph Road$590,000$560,000-5.1%2 bed Apartment
306B/8 Falcon Court$400,000$380,000-5.0%1 bed Apartment
905/5 Joseph Road$430,000$410,000-4.7%1 bed Apartment
1107/5 Joseph Road$430,000$410,000-4.7%1 bed Apartment
21 Crown Street$639,000$610,000-4.5%2 bed Townhouse
403/2B Ballarat Road$900,000$860,000-4.4%3 bed Apartment
2/12 Eleanor Street$575,000$550,000-4.3%2 bed Townhouse
513/188 Ballarat Road$460,000$440,000-4.3%2 bed Apartment
1303/8 Hallenstein Street$485,000$465,000-4.1%2 bed Apartment
915/1 Moreland Street$375,000$360,000-4.0%1 bed Apartment
713/90 Buckley Street$520,000$500,000-3.8%2 bed Apartment
2/36 Hocking Street$920,000$885,000-3.8%3 bed Townhouse

Suburb profile

Footscray market data

Median prices, rents, growth and vacancy for Footscray.

Sold prices

Recent sales in Footscray

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 Footscray: common questions

How many properties in Footscray have had a price drop?

51 listings for sale in Footscray VIC 3011 are currently advertised below an earlier asking price, 35% of the 147 listings on the market. 33 of those cuts were recorded in the last 30 days and 42 in the last 90.

How much are Footscray sellers cutting their prices by?

The median cut is 4.3%, or $20K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 71 days from when the listing first appeared to its latest price cut, across 51 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.