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Price drops in Frankston South

Listings for sale in Frankston South, VIC 3199 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

32

52% of 61 live listings

Median cut

5.8%

$88K off the asking price

Days listed before cut

58

median, first listed to latest cut

Cuts, last 30 / 90 days

30 / 31

no current price rises

Frankston South price-drop summary

32 listings in Frankston South (52% of the 61 on the market) are advertised below an earlier asking price. The typical reduction is 5.8%, about $88K. House listings account for 27 of them, with a median cut of 6.3%.

Cuts by property type

TypeListings reducedMedian cut
House276.3%
Apartment32.9%
Townhouse22.9%

Largest current cuts in Frankston South

The 30 biggest of 32, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
11 Bader Court$1,100,000$950,000-13.6%3 bed House
59 Humphries Road$880,000$770,000-12.5%3 bed House
34 Liddesdale Avenue$3,500,000$3,100,000-11.4%5 bed House
54-84 Stotts Lane$7,450,000$6,700,000-10.1%4 bed House
2 Yamala Drive$5,500,000$4,950,000-10.0%5 bed House
87 Casuarina Drive$1,090,000$990,000-9.2%3 bed House
19 Raleon Avenue$1,320,000$1,200,000-9.1%4 bed House
30 Violet Street$935,000$850,000-9.1%3 bed House
94 Overport Road$1,400,000$1,280,000-8.6%5 bed House
G11/5 Culcairn Drive$533,500$495,000-7.2%2 bed Apartment
250 Frankston-Flinders Road$935,000$870,000-7.0%3 bed House
16 The Helm$2,304,500$2,145,000-6.9%4 bed House
10A Bembridge Avenue$1,550,000$1,450,000-6.5%4 bed House
37 Norman Avenue$1,595,000$1,495,000-6.3%4 bed House
38A Violet Street$1,760,000$1,650,000-6.3%4 bed House
25 Towerhill Road$924,000$869,000-6.0%3 bed House
125 Casuarina Drive$1,260,000$1,190,000-5.6%5 bed House
28 Stradbroke Avenue$1,100,000$1,045,000-5.0%4 bed House
3 Menzies Close$1,870,000$1,780,000-4.8%4 bed House
1 Lipari Court$2,200,000$2,100,000-4.5%5 bed House
79 Kars Street$1,320,000$1,260,000-4.5%4 bed House
5 Willora Court$2,300,000$2,200,000-4.3%4 bed House
44 Brighton Street$1,200,000$1,150,000-4.2%4 bed House
1 Canning Street$1,300,000$1,250,000-3.8%3 bed House
19 Rosedale Grove$2,950,000$2,840,000-3.7%4 bed House
4/55 Culcairn Drive$840,000$810,000-3.6%3 bed Townhouse
5/11 Towerhill Road$680,000$660,000-2.9%3 bed Apartment
2/3 Villiers Street$900,000$880,000-2.2%3 bed Apartment
54 Mccomb Blvd$1,620,000$1,585,000-2.2%4 bed House
5/16 Sanders Road$695,000$680,000-2.2%2 bed Townhouse

Suburb profile

Frankston South market data

Median prices, rents, growth and vacancy for Frankston South.

Sold prices

Recent sales in Frankston South

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 Frankston South: common questions

How many properties in Frankston South have had a price drop?

32 listings for sale in Frankston South VIC 3199 are currently advertised below an earlier asking price, 52% of the 61 listings on the market. 30 of those cuts were recorded in the last 30 days and 31 in the last 90.

How much are Frankston South sellers cutting their prices by?

The median cut is 5.8%, or $88K, measured from the previous advertised asking price to the current one on each listing.

How long are Frankston South listings on the market before the price drops?

A median of 58 days from when the listing first appeared to its latest price cut, across 32 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.