Price drops in Kensington
Listings for sale in Kensington, VIC 3031 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
18
37% of 49 live listings
Median cut
3.7%
$30K off the asking price
Days listed before cut
111
median, first listed to latest cut
Cuts, last 30 / 90 days
11 / 16
2 listings have raised instead
Kensington price-drop summary
18 listings in Kensington (37% of the 49 on the market) are advertised below an earlier asking price. The typical reduction is 3.7%, about $30K. Townhouse listings account for 7 of them, with a median cut of 4.1%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Townhouse | 7 | 4.1% |
| Apartment | 6 | 2.7% |
| House | 5 | 5.7% |
Largest current cuts in Kensington
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 409/62 Altona Street | $360,000 | $330,000 | -8.3% | 1 bed Apartment | |
| G12/363 Macaulay Road | $825,000 | $770,000 | -6.7% | 3 bed Townhouse | |
| 5-7 Childers Street | $950,000 | $890,000 | -6.3% | 2 bed House | |
| 304 Bellair Street | $1,600,000 | $1,500,000 | -6.3% | 3 bed House | |
| 3/79 Lambeth Street | $960,000 | $900,000 | -6.3% | 3 bed Townhouse | |
| 9 Percy Street | $1,750,000 | $1,650,000 | -5.7% | 3 bed House | |
| 201/363 Macaulay Road | $1,475,000 | $1,400,000 | -5.1% | 3 bed Apartment | |
| 150 Stockmans Way | $1,100,000 | $1,050,000 | -4.5% | 4 bed Townhouse | |
| 4 Little Bendall Street | $730,000 | $700,000 | -4.1% | 2 bed Townhouse | |
| 106/60 Speakmen Street | $450,000 | $435,000 | -3.3% | 2 bed Apartment | |
| 51 Leicester Mews | $870,000 | $850,000 | -2.3% | 3 bed Townhouse | |
| 1 Lincoln Mews | $870,000 | $850,000 | -2.3% | 2 bed Townhouse | |
| 66 Collett Street | $1,995,000 | $1,950,000 | -2.3% | 4 bed House | |
| 906/70 Speakmen Street | $480,000 | $470,000 | -2.1% | 2 bed Apartment | |
| 210/77 Hobsons Road | $515,000 | $505,000 | -1.9% | 2 bed Apartment | |
| 12/363 Macaulay Road | $1,195,000 | $1,175,000 | -1.7% | 3 bed Townhouse | |
| 7 Nottingham Street | $1,450,000 | $1,440,000 | -0.7% | 3 bed House | |
| 510/60 Speakmen Street | $399,990 | $398,000 | -0.5% | 2 bed Apartment |
Suburb profile
Kensington market data
Median prices, rents, growth and vacancy for Kensington.
Sold prices
Recent sales in Kensington
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 Kensington: common questions
How many properties in Kensington have had a price drop?
18 listings for sale in Kensington VIC 3031 are currently advertised below an earlier asking price, 37% of the 49 listings on the market. 11 of those cuts were recorded in the last 30 days and 16 in the last 90.
How much are Kensington sellers cutting their prices by?
The median cut is 3.7%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Kensington listings on the market before the price drops?
A median of 111 days from when the listing first appeared to its latest price cut, across 18 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.