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Price drops in Hallam

Listings for sale in Hallam, VIC 3803 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

14

38% of 37 live listings

Median cut

5.6%

$39K off the asking price

Days listed before cut

45

median, first listed to latest cut

Cuts, last 30 / 90 days

12 / 13

3 listings have raised instead

Hallam price-drop summary

14 listings in Hallam (38% of the 37 on the market) are advertised below an earlier asking price. The typical reduction is 5.6%, about $39K. House listings account for 6 of them, with a median cut of 5.6%. Going the other way, 3 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House65.6%
Townhouse55.0%
Apartment36.9%

Largest current cuts in Hallam

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

AddressPrevious askingNow askingCutCut onProperty
9 Winterton Court$1,265,000$1,094,500-13.5%5 bed House
7 Alexander Street$860,000$750,000-12.8%4 bed House
4/60 Spring Square$450,000$410,000-8.9%2 bed Apartment
1/11 Caron Close$588,500$548,000-6.9%2 bed Apartment
10/4 Young Road$600,000$560,000-6.7%2 bed Townhouse
8 Alia Lane$616,000$579,000-6.0%2 bed Townhouse
4 Spice Rise$880,000$830,000-5.7%4 bed House
1 Spice Rise$878,000$829,000-5.6%4 bed House
2A Henry Avenue$737,000$700,000-5.0%3 bed Townhouse
11 Anbar Mews$599,000$570,000-4.8%2 bed Townhouse
1/17 William Avenue$825,000$799,000-3.2%4 bed Townhouse
60 Nettle Drive$795,000$770,000-3.1%3 bed House
2/53-55 Frawley Road$555,000$548,000-1.3%2 bed Apartment
33 Adam Avenue$800,000$790,000-1.3%3 bed House

Suburb profile

Hallam market data

Median prices, rents, growth and vacancy for Hallam.

Sold prices

Recent sales in Hallam

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 Hallam: common questions

How many properties in Hallam have had a price drop?

14 listings for sale in Hallam VIC 3803 are currently advertised below an earlier asking price, 38% of the 37 listings on the market. 12 of those cuts were recorded in the last 30 days and 13 in the last 90.

How much are Hallam sellers cutting their prices by?

The median cut is 5.6%, or $39K, measured from the previous advertised asking price to the current one on each listing.

How long are Hallam listings on the market before the price drops?

A median of 45 days from when the listing first appeared to its latest price cut, across 14 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.