Price drops in Kennington
Listings for sale in Kennington, VIC 3550 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
19
43% of 44 live listings
Median cut
5.0%
$40K off the asking price
Days listed before cut
67
median, first listed to latest cut
Cuts, last 30 / 90 days
14 / 18
2 listings have raised instead
Kennington price-drop summary
19 listings in Kennington (43% of the 44 on the market) are advertised below an earlier asking price. The typical reduction is 5.0%, about $40K. House listings account for 15 of them, with a median cut of 4.7%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 15 | 4.7% |
| Apartment | 3 | 5.3% |
| Other | 1 | 8.8% |
Largest current cuts in Kennington
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 101 Condon Street | $560,000 | $495,000 | -11.6% | 3 bed House | |
| 4 Greenwood Drive | $995,000 | $895,000 | -10.1% | 3 bed House | |
| 104 Mundy Street | $830,000 | $750,000 | -9.6% | 4 bed House | |
| 7/38-42 Edwards Road | $505,000 | $460,000 | -8.9% | 2 bed Apartment | |
| 46 Lowndes Street | $850,000 | $775,000 | -8.8% | 4 bed | |
| 5 Skene Street | $1,150,000 | $1,060,000 | -7.8% | 3 bed House | |
| 34 Lowndes Street | $550,000 | $510,000 | -7.3% | 3 bed House | |
| 159 Williamson Street | $630,000 | $590,000 | -6.3% | 3 bed House | |
| 2/4 Carola Court | $475,000 | $450,000 | -5.3% | 2 bed Apartment | |
| 25 Houlahan Street | $600,000 | $570,000 | -5.0% | 3 bed House | |
| 31 Regency Place | $1,495,000 | $1,425,000 | -4.7% | 4 bed House | |
| 23 Warranwah Drive | $990,000 | $950,000 | -4.0% | 4 bed House | |
| 20 The Terrace | $1,325,000 | $1,275,000 | -3.8% | 4 bed House | |
| 2 Kate Close | $830,000 | $800,000 | -3.6% | 4 bed House | |
| Unit 1 | $710,000 | $685,000 | -3.5% | 3 bed Apartment | |
| 19 Greenwood Drive | $1,030,000 | $995,000 | -3.4% | 4 bed House | |
| 73 Condon Street | $620,000 | $600,000 | -3.2% | 3 bed House | |
| 85 Sternberg Street | $870,000 | $845,000 | -2.9% | 4 bed House | |
| 19 Timbertop Drive | $870,000 | $850,000 | -2.3% | 3 bed House |
Suburb profile
Kennington market data
Median prices, rents, growth and vacancy for Kennington.
Sold prices
Recent sales in Kennington
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 Kennington: common questions
How many properties in Kennington have had a price drop?
19 listings for sale in Kennington VIC 3550 are currently advertised below an earlier asking price, 43% of the 44 listings on the market. 14 of those cuts were recorded in the last 30 days and 18 in the last 90.
How much are Kennington sellers cutting their prices by?
The median cut is 5.0%, or $40K, measured from the previous advertised asking price to the current one on each listing.
How long are Kennington listings on the market before the price drops?
A median of 67 days from when the listing first appeared to its latest price cut, across 19 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.