Price drops in Long Gully
Listings for sale in Long Gully, 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
7
44% of 16 live listings
Median cut
4.2%
$20K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
6 / 7
1 listing has raised instead
Long Gully price-drop summary
7 listings in Long Gully (44% of the 16 on the market) are advertised below an earlier asking price. The typical reduction is 4.2%, about $20K. House listings account for 5 of them, with a median cut of 4.2%. Going the other way, 1 listing has raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 5 | 4.2% |
| Apartment | 1 | 4.2% |
| Townhouse | 1 | 3.0% |
Largest current cuts in Long Gully
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 10 Stanfield Street | $620,000 | $550,000 | -11.3% | 3 bed House | |
| 1 Brown Street | $550,000 | $525,000 | -4.5% | 3 bed House | |
| 196 Eaglehawk Road | $600,000 | $575,000 | -4.2% | 3 bed House | |
| Units 2 & 3/30 Duncan Street | $360,000 | $345,000 | -4.2% | 2 bed Apartment | |
| 86 Happy Valley Road | $600,000 | $580,000 | -3.3% | 3 bed House | |
| 15 Wilson Street | $660,000 | $640,000 | -3.0% | 3 bed Townhouse | |
| 25 Holmes Road | $770,000 | $750,000 | -2.6% | 3 bed House |
Suburb profile
Long Gully market data
Median prices, rents, growth and vacancy for Long Gully.
Sold prices
Recent sales in Long Gully
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 Long Gully: common questions
How many properties in Long Gully have had a price drop?
7 listings for sale in Long Gully VIC 3550 are currently advertised below an earlier asking price, 44% of the 16 listings on the market. 6 of those cuts were recorded in the last 30 days and 7 in the last 90.
How much are Long Gully sellers cutting their prices by?
The median cut is 4.2%, or $20K, measured from the previous advertised asking price to the current one on each listing.
How long are Long Gully listings on the market before the price drops?
A median of 60 days from when the listing first appeared to its latest price cut, across 7 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.