Price drops in Greensborough
Listings for sale in Greensborough, VIC 3088 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
24
41% of 58 live listings
Median cut
4.6%
$50K off the asking price
Days listed before cut
37
median, first listed to latest cut
Cuts, last 30 / 90 days
20 / 23
no current price rises
Greensborough price-drop summary
24 listings in Greensborough (41% of the 58 on the market) are advertised below an earlier asking price. The typical reduction is 4.6%, about $50K. House listings account for 13 of them, with a median cut of 6.1%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 13 | 6.1% |
| Apartment | 5 | 2.4% |
| Townhouse | 5 | 3.7% |
| Retirement | 1 | 4.8% |
Largest current cuts in Greensborough
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 7 Willis Street | $1,550,000 | $1,350,000 | -12.9% | 3 bed Townhouse | |
| 3 Simmons Court | $840,000 | $750,000 | -10.7% | 3 bed House | |
| 4 Nokuna Court | $1,200,000 | $1,100,000 | -8.3% | 4 bed House | |
| 250 St Helena Road | $920,000 | $850,000 | -7.6% | 3 bed House | |
| 36 Bannerman Avenue | $1,420,000 | $1,320,000 | -7.0% | 4 bed House | |
| 113 Nepean Street | $1,140,000 | $1,060,000 | -7.0% | 3 bed House | |
| 74 Diamond Creek Road | $910,000 | $850,000 | -6.6% | 3 bed House | |
| 94 Greenhill Road | $1,150,000 | $1,080,000 | -6.1% | 4 bed House | |
| 2/60 Medbury Avenue | $1,020,000 | $960,000 | -5.9% | 3 bed Apartment | |
| 1/26 Vermont Parade | $1,150,000 | $1,090,000 | -5.2% | 3 bed Townhouse | |
| 86 Nell Street | $1,080,000 | $1,025,000 | -5.1% | 3 bed House | |
| 1 Oldstead Road | $630,000 | $600,000 | -4.8% | 2 bed Retirement | |
| 5 Hume Street | $1,130,000 | $1,080,000 | -4.4% | 3 bed House | |
| 39 Plenty River Drive | $1,150,000 | $1,100,000 | -4.3% | 4 bed House | |
| 47 Kempston Street | $1,200,000 | $1,150,000 | -4.2% | 4 bed House | |
| 3/203 Nepean Street | $820,000 | $790,000 | -3.7% | 2 bed Townhouse | |
| 7/4-6 William Street | $870,000 | $840,000 | -3.4% | 3 bed Townhouse | |
| 9/5-9 Jessop Street | $740,000 | $715,000 | -3.4% | 2 bed Apartment | |
| 19 Warriparri Crescent | $1,200,000 | $1,160,000 | -3.3% | 4 bed House | |
| 16/143 Saint Helena Road | $738,000 | $720,000 | -2.4% | 2 bed Apartment | |
| 5/198-200 Grimshaw Street | $900,000 | $880,000 | -2.2% | 3 bed Townhouse | |
| 21 Adeline Street | $950,000 | $929,950 | -2.1% | 3 bed House | |
| 1/185 Mountain View Road | $950,000 | $930,000 | -2.1% | 3 bed Apartment | |
| 1/7 Ester Street | $679,000 | $665,000 | -2.1% | 2 bed Apartment |
Suburb profile
Greensborough market data
Median prices, rents, growth and vacancy for Greensborough.
Sold prices
Recent sales in Greensborough
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 Greensborough: common questions
How many properties in Greensborough have had a price drop?
24 listings for sale in Greensborough VIC 3088 are currently advertised below an earlier asking price, 41% of the 58 listings on the market. 20 of those cuts were recorded in the last 30 days and 23 in the last 90.
How much are Greensborough sellers cutting their prices by?
The median cut is 4.6%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are Greensborough listings on the market before the price drops?
A median of 37 days from when the listing first appeared to its latest price cut, across 24 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.