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Price drops in Lake Wendouree

Listings for sale in Lake Wendouree, VIC 3350 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

14

40% of 35 live listings

Median cut

5.0%

$58K off the asking price

Days listed before cut

68

median, first listed to latest cut

Cuts, last 30 / 90 days

5 / 8

no current price rises

Lake Wendouree price-drop summary

14 listings in Lake Wendouree (40% of the 35 on the market) are advertised below an earlier asking price. The typical reduction is 5.0%, about $58K. House listings account for 11 of them, with a median cut of 5.0%.

Cuts by property type

TypeListings reducedMedian cut
House115.0%
Apartment27.3%
Townhouse13.0%

Largest current cuts in Lake Wendouree

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

AddressPrevious askingNow askingCutCut onProperty
227 Wendouree Parade$6,850,000$5,950,000-13.1%4 bed House
1502 Sturt Street$1,925,000$1,750,000-9.1%5 bed House
1/462 Wendouree Parade$2,300,000$2,100,000-8.7%2 bed Apartment
8 Dowling Street$1,550,000$1,450,000-6.5%5 bed House
1106 Gregory Street$825,000$775,000-6.1%3 bed House
6/464 Wendouree Parade$585,000$550,000-6.0%2 bed Apartment
12 Haddon Street$1,785,000$1,695,000-5.0%3 bed House
4 Oddie Street$995,000$945,000-5.0%3 bed House
1526 Sturt Street$1,535,000$1,475,000-3.9%3 bed House
122B Burnbank Street$1,450,000$1,395,000-3.8%3 bed House
1123 Gregory Street$1,400,000$1,349,000-3.6%4 bed House
9 Burnbank Street$1,450,000$1,400,000-3.4%3 bed House
111A Webster Street$2,795,000$2,700,000-3.4%4 bed House
500 Wendouree Parade$1,850,000$1,795,000-3.0%3 bed Townhouse

Suburb profile

Lake Wendouree market data

Median prices, rents, growth and vacancy for Lake Wendouree.

Sold prices

Recent sales in Lake Wendouree

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 Lake Wendouree: common questions

How many properties in Lake Wendouree have had a price drop?

14 listings for sale in Lake Wendouree VIC 3350 are currently advertised below an earlier asking price, 40% of the 35 listings on the market. 5 of those cuts were recorded in the last 30 days and 8 in the last 90.

How much are Lake Wendouree sellers cutting their prices by?

The median cut is 5.0%, or $58K, measured from the previous advertised asking price to the current one on each listing.

How long are Lake Wendouree listings on the market before the price drops?

A median of 68 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.