Price drops in Forest Hill
Listings for sale in Forest Hill, VIC 3131 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
14
37% of 38 live listings
Median cut
5.0%
$58K off the asking price
Days listed before cut
52
median, first listed to latest cut
Cuts, last 30 / 90 days
14 / 14
4 listings have raised instead
Forest Hill price-drop summary
14 listings in Forest Hill (37% of the 38 on the market) are advertised below an earlier asking price. The typical reduction is 5.0%, about $58K. House listings account for 10 of them, with a median cut of 5.0%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 10 | 5.0% |
| Townhouse | 2 | 3.2% |
| Apartment | 1 | 10.7% |
| Retirement | 1 | 5.6% |
Largest current cuts in Forest Hill
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 21A Jackson Street | $1,210,000 | $1,080,000 | -10.7% | 5 bed Apartment | |
| 177 Mahoneys Road | $1,180,000 | $1,078,000 | -8.6% | 2 bed House | |
| 1a Sylvan Court | $1,450,000 | $1,350,000 | -6.9% | 4 bed House | |
| 9 Fryer Court | $1,265,000 | $1,180,000 | -6.7% | 3 bed House | |
| 28 Parkmore Road | $1,260,000 | $1,180,000 | -6.3% | 4 bed House | |
| 20/51 Glebe Street | $540,000 | $510,000 | -5.6% | 2 bed Retirement | |
| 26 Jolimont Road | $1,050,000 | $995,000 | -5.2% | 3 bed House | |
| 18 Victor Crescent | $1,250,000 | $1,190,000 | -4.8% | 3 bed House | |
| 31 Boyle Street | $2,029,999 | $1,950,000 | -3.9% | 4 bed House | |
| 2/424 Canterbury Road | $780,000 | $750,000 | -3.8% | 2 bed Townhouse | |
| 13a Everglade Avenue | $790,000 | $770,000 | -2.5% | 2 bed Townhouse | |
| 2 Maldon Terrace | $799,000 | $780,000 | -2.4% | 3 bed House | |
| 2 Abelia Street | $1,600,000 | $1,590,000 | -0.6% | 4 bed House | |
| 5A Morloc St | $799,000 | $798,000 | -0.1% | 2 bed House |
Suburb profile
Forest Hill market data
Median prices, rents, growth and vacancy for Forest Hill.
Sold prices
Recent sales in Forest Hill
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 Forest Hill: common questions
How many properties in Forest Hill have had a price drop?
14 listings for sale in Forest Hill VIC 3131 are currently advertised below an earlier asking price, 37% of the 38 listings on the market. 14 of those cuts were recorded in the last 30 days and 14 in the last 90.
How much are Forest Hill sellers cutting their prices by?
The median cut is 5.0%, or $58K, measured from the previous advertised asking price to the current one on each listing.
How long are Forest Hill listings on the market before the price drops?
A median of 52 days from when the listing first appeared to its latest price cut, across 14 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.