Price drops in Geelong
Listings for sale in Geelong, VIC 3220 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
43
39% of 111 live listings
Median cut
5.1%
$35K off the asking price
Days listed before cut
97
median, first listed to latest cut
Cuts, last 30 / 90 days
19 / 32
3 listings have raised instead
Geelong price-drop summary
43 listings in Geelong (39% of the 111 on the market) are advertised below an earlier asking price. The typical reduction is 5.1%, about $35K. Apartment listings account for 30 of them, with a median cut of 5.3%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 30 | 5.3% |
| House | 10 | 4.8% |
| Townhouse | 3 | 4.2% |
Largest current cuts in Geelong
The 30 biggest of 43, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1402/18 Malone Street | $3,400,000 | $2,950,000 | -13.2% | 4 bed Apartment | |
| 712/10 Bellerine Street | $495,000 | $440,000 | -11.1% | 1 bed Apartment | |
| 302/44 Ryrie Street | $599,000 | $539,000 | -10.0% | 1 bed Apartment | |
| 224 Moorabool Street | $1,050,000 | $950,000 | -9.5% | 3 bed House | |
| 406/18 Malone Street | $495,000 | $450,000 | -9.1% | 1 bed Apartment | |
| 705/44 Ryrie Street | $599,000 | $550,000 | -8.2% | 2 bed Apartment | |
| 3 Toorak Parade | $2,500,000 | $2,300,000 | -8.0% | 5 bed House | |
| 3/8 Richmond Court | $1,250,000 | $1,150,000 | -8.0% | 3 bed Townhouse | |
| 602/1 York Street | $1,250,000 | $1,150,000 | -8.0% | 3 bed Apartment | |
| 502/100 Western Beach Road | $645,000 | $595,000 | -7.8% | 2 bed Apartment | |
| 502/1 York Street | $960,000 | $890,000 | -7.3% | 2 bed Apartment | |
| 4507/4 Yarra Street | $525,000 | $490,000 | -6.7% | 1 bed Apartment | |
| 403/8-10 McLarty Place | $690,000 | $649,000 | -5.9% | 2 bed Apartment | |
| 711/18 Malone Street | $849,000 | $799,000 | -5.9% | 2 bed Apartment | |
| 3/2A Market Street South | $775,000 | $730,000 | -5.8% | 3 bed Apartment | |
| 13 England Street | $1,750,000 | $1,650,000 | -5.7% | 3 bed House | |
| 209/6-8 Bellerine Street | $529,000 | $499,000 | -5.7% | 2 bed Apartment | |
| 370 Ryrie Street | $1,420,000 | $1,340,000 | -5.6% | 4 bed House | |
| 157 Yarra Street | $950,000 | $899,000 | -5.4% | 4 bed Apartment | |
| 103/312-320 Moorabool Street | $559,000 | $529,000 | -5.4% | 2 bed Apartment | |
| 302/6-8 Eastern Beach Road | $2,950,000 | $2,795,000 | -5.3% | 3 bed Apartment | |
| 2-4 Maud Street | $780,000 | $740,000 | -5.1% | 2 bed House | |
| 7 Bean Street | $670,000 | $640,000 | -4.5% | 2 bed House | |
| 315/146 Bellerine Street | $449,000 | $429,000 | -4.5% | 1 bed Apartment | |
| 12 York Street | $695,000 | $665,000 | -4.3% | 2 bed House | |
| 1/56 McKillop Street | $825,000 | $790,000 | -4.2% | 3 bed Townhouse | |
| 602/8 Gheringhap Street | $449,000 | $430,000 | -4.2% | 1 bed Apartment | |
| 5/146 Bellerine Street | $645,000 | $619,000 | -4.0% | 2 bed Apartment | |
| 607/18 Malone Street | $625,000 | $600,000 | -4.0% | 2 bed Apartment | |
| 189 Kilgour Street | $1,060,000 | $1,020,000 | -3.8% | 3 bed House |
Suburb profile
Geelong market data
Median prices, rents, growth and vacancy for Geelong.
Sold prices
Recent sales in Geelong
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 Geelong: common questions
How many properties in Geelong have had a price drop?
43 listings for sale in Geelong VIC 3220 are currently advertised below an earlier asking price, 39% of the 111 listings on the market. 19 of those cuts were recorded in the last 30 days and 32 in the last 90.
How much are Geelong sellers cutting their prices by?
The median cut is 5.1%, or $35K, measured from the previous advertised asking price to the current one on each listing.
How long are Geelong listings on the market before the price drops?
A median of 97 days from when the listing first appeared to its latest price cut, across 43 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.