Price drops in Lower Plenty
Listings for sale in Lower Plenty, VIC 3093 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
10
37% of 27 live listings
Median cut
5.6%
$93K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
8 / 9
no current price rises
Lower Plenty price-drop summary
10 listings in Lower Plenty (37% of the 27 on the market) are advertised below an earlier asking price. The typical reduction is 5.6%, about $93K. House listings account for 8 of them, with a median cut of 6.2%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 8 | 6.2% |
| Townhouse | 2 | 2.6% |
Largest current cuts in Lower Plenty
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 6 Roseburn Court | $7,000,000 | $6,000,000 | -14.3% | 5 bed House | |
| 11 Yarra Hill Close | $2,800,000 | $2,500,000 | -10.7% | 4 bed House | |
| 146 Main Road | $925,000 | $840,000 | -9.2% | 3 bed House | |
| 50 Rosehill Road | $5,300,000 | $4,950,000 | -6.6% | 4 bed House | |
| 27 Cleveland Avenue | $5,100,000 | $4,800,000 | -5.9% | 4 bed House | |
| 38 Longs Road | $1,400,000 | $1,325,000 | -5.4% | 5 bed House | |
| 246 Old Eltham Road | $1,250,000 | $1,195,000 | -4.4% | 4 bed House | |
| 1/19 Main Road | $710,000 | $690,000 | -2.8% | 2 bed Townhouse | |
| 6 Cheverton Road | $3,600,000 | $3,500,000 | -2.8% | 4 bed House | |
| 2/208 Main Road | $1,020,000 | $995,000 | -2.5% | 4 bed Townhouse |
Suburb profile
Lower Plenty market data
Median prices, rents, growth and vacancy for Lower Plenty.
Sold prices
Recent sales in Lower Plenty
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 Lower Plenty: common questions
How many properties in Lower Plenty have had a price drop?
10 listings for sale in Lower Plenty VIC 3093 are currently advertised below an earlier asking price, 37% of the 27 listings on the market. 8 of those cuts were recorded in the last 30 days and 9 in the last 90.
How much are Lower Plenty sellers cutting their prices by?
The median cut is 5.6%, or $93K, measured from the previous advertised asking price to the current one on each listing.
How long are Lower Plenty 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 10 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.