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Price drops in Geelong West

Listings for sale in Geelong West, VIC 3218 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

25

50% of 50 live listings

Median cut

5.6%

$51K off the asking price

Days listed before cut

60

median, first listed to latest cut

Cuts, last 30 / 90 days

14 / 22

3 listings have raised instead

Geelong West price-drop summary

25 listings in Geelong West (50% of the 50 on the market) are advertised below an earlier asking price. The typical reduction is 5.6%, about $51K. House listings account for 18 of them, with a median cut of 5.4%. Going the other way, 3 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House185.4%
Apartment46.5%
Townhouse33.8%

Largest current cuts in Geelong West

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

AddressPrevious askingNow askingCutCut onProperty
234 Latrobe Terrace$1,649,000$1,410,000-14.5%5 bed House
62 Hope Street$755,000$650,000-13.9%2 bed House
107 Waratah Street$1,089,000$990,000-9.1%3 bed House
1 & 2/2 Aberdeen Street$1,345,000$1,225,000-8.9%2 bed House
6 Coronation Street$840,000$770,000-8.3%2 bed Townhouse
60 Clarence Street$1,250,000$1,150,000-8.0%3 bed House
54 Waratah Street$850,000$790,000-7.1%3 bed House
2/22 Clarence Street$750,000$699,000-6.8%2 bed Apartment
3/77 Albert Street$770,000$719,000-6.6%3 bed Apartment
36 Collins Street$1,495,000$1,399,000-6.4%4 bed House
8/17 Halstead Place$635,000$595,000-6.3%2 bed Apartment
21 Isabella Street$1,150,000$1,080,000-6.1%3 bed House
233 Hope Street$719,000$679,000-5.6%3 bed House
17A Elizabeth Street$949,000$899,000-5.3%2 bed House
52 Trigg Street$1,050,000$995,000-5.2%3 bed House
60 Aberdeen Street$1,100,000$1,050,000-4.5%4 bed House
15 Eureka Street$1,675,000$1,599,000-4.5%4 bed House
220 Shannon Avenue$1,200,000$1,150,000-4.2%4 bed House
9 John Street$1,200,000$1,150,000-4.2%4 bed House
18 Clarence Street$1,250,000$1,200,000-4.0%3 bed House
207A Autumn Street$930,000$895,000-3.8%3 bed Townhouse
57 Collins Street$649,000$625,000-3.7%2 bed House
44A Trigg Street$965,000$930,000-3.6%3 bed Townhouse
5/3 Ann Street$400,000$390,000-2.5%1 bed Apartment
45 Spring Street$999,000$988,000-1.1%4 bed House

Suburb profile

Geelong West market data

Median prices, rents, growth and vacancy for Geelong West.

Sold prices

Recent sales in Geelong West

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 West: common questions

How many properties in Geelong West have had a price drop?

25 listings for sale in Geelong West VIC 3218 are currently advertised below an earlier asking price, 50% of the 50 listings on the market. 14 of those cuts were recorded in the last 30 days and 22 in the last 90.

How much are Geelong West sellers cutting their prices by?

The median cut is 5.6%, or $51K, measured from the previous advertised asking price to the current one on each listing.

How long are Geelong West listings on the market before the price drops?

A median of 60 days from when the listing first appeared to its latest price cut, across 25 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.