Price drops in Gembrook
Listings for sale in Gembrook, VIC 3783 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
5
31% of 16 live listings
Median cut
4.8%
$50K off the asking price
Days listed before cut
72
median, first listed to latest cut
Cuts, last 30 / 90 days
4 / 4
no current price rises
Gembrook price-drop summary
5 listings in Gembrook (31% of the 16 on the market) are advertised below an earlier asking price. The typical reduction is 4.8%, about $50K. House listings account for 4 of them, with a median cut of 3.7%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 4 | 3.7% |
| Lifestyle | 1 | 8.8% |
Largest current cuts in Gembrook
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 225 Beenak East Road | $2,190,900 | $1,999,000 | -8.8% | 12 bed Lifestyle | |
| 210 Gembrook-Tonimbuk Road | $1,980,000 | $1,815,000 | -8.3% | 4 bed House | |
| 91 Main Street | $1,040,000 | $990,000 | -4.8% | 3 bed House | |
| 5 Eloura Place | $750,000 | $730,000 | -2.7% | 3 bed House | |
| 22 The Avenue | $980,000 | $979,000 | -0.1% | 4 bed House |
Suburb profile
Gembrook market data
Median prices, rents, growth and vacancy for Gembrook.
Sold prices
Recent sales in Gembrook
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 Gembrook: common questions
How many properties in Gembrook have had a price drop?
5 listings for sale in Gembrook VIC 3783 are currently advertised below an earlier asking price, 31% of the 16 listings on the market. 4 of those cuts were recorded in the last 30 days and 4 in the last 90.
How much are Gembrook sellers cutting their prices by?
The median cut is 4.8%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are Gembrook listings on the market before the price drops?
A median of 72 days from when the listing first appeared to its latest price cut, across 5 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.