Price drops in Manor Lakes
Listings for sale in Manor Lakes, VIC 3024 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
46
52% of 88 live listings
Median cut
3.7%
$25K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
39 / 44
7 listings have raised instead
Manor Lakes price-drop summary
46 listings in Manor Lakes (52% of the 88 on the market) are advertised below an earlier asking price. The typical reduction is 3.7%, about $25K. House listings account for 45 of them, with a median cut of 3.6%. Going the other way, 7 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 45 | 3.6% |
| Apartment | 1 | 8.6% |
Largest current cuts in Manor Lakes
The 30 biggest of 46, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 23 Nectar Avenue | $720,000 | $638,000 | -11.4% | 4 bed House | |
| 25 Pierbrook Avenue | $1,050,000 | $940,000 | -10.5% | 6 bed House | |
| 39 Malt Drive | $610,000 | $550,000 | -9.8% | 3 bed House | |
| 16 Hazelnut Road | $760,000 | $690,000 | -9.2% | 4 bed House | |
| 4/2 Bertie Street | $580,000 | $530,000 | -8.6% | 4 bed Apartment | |
| 114 Kinglake Drive | $720,000 | $660,000 | -8.3% | 4 bed House | |
| 8 Dutch Avenue | $760,000 | $710,000 | -6.6% | 5 bed House | |
| 7 Stringybark Close | $740,000 | $695,000 | -6.1% | 4 bed House | |
| 68 Eureka Drive | $740,000 | $695,000 | -6.1% | 5 bed House | |
| 38 Bonhams Circuit | $750,000 | $710,000 | -5.3% | 4 bed House | |
| 3 Gelati Street | $770,000 | $730,000 | -5.2% | 4 bed House | |
| 18 Kutjera Street | $620,000 | $590,000 | -4.8% | 3 bed House | |
| 49 Holyoake Parade | $630,000 | $600,000 | -4.8% | 3 bed House | |
| 9 Burrumbeet Court | $890,000 | $850,000 | -4.5% | 4 bed House | |
| 23 Lancewood Road | $680,000 | $650,000 | -4.4% | 4 bed House | |
| 7 Koomba Street | $680,000 | $650,000 | -4.4% | 3 bed House | |
| 70 Hindmarsh Drive | $1,150,000 | $1,100,000 | -4.3% | 4 bed House | |
| 1239 Ison Road | $730,000 | $699,000 | -4.2% | 5 bed House | |
| 9 Field Street | $720,000 | $690,000 | -4.2% | 3 bed House | |
| 4 Rhubarb Road | $750,000 | $720,000 | -4.0% | 4 bed House | |
| 3 Farmingdale Street | $780,000 | $750,000 | -3.8% | 4 bed House | |
| 174 Eureka Drive | $780,000 | $750,000 | -3.8% | 4 bed House | |
| 24 Eltham Parade | $670,000 | $645,000 | -3.7% | 4 bed House | |
| 17 Pandan Walk | $550,000 | $530,000 | -3.6% | 3 bed House | |
| 74 Bregman Esplanade | $695,000 | $670,000 | -3.6% | 4 bed House | |
| 40 Bregman Esplanade | $700,000 | $675,000 | -3.6% | 4 bed House | |
| 52 Hawkstone Road | $710,000 | $685,000 | -3.5% | 3 bed House | |
| 1 Hazelnut Road | $580,000 | $560,000 | -3.4% | 3 bed House | |
| 30 Hindmarsh Drive | $620,000 | $600,000 | -3.2% | 3 bed House | |
| 16 Cardinia Grove | $630,000 | $610,000 | -3.2% | 3 bed House |
Suburb profile
Manor Lakes market data
Median prices, rents, growth and vacancy for Manor Lakes.
Sold prices
Recent sales in Manor Lakes
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 Manor Lakes: common questions
How many properties in Manor Lakes have had a price drop?
46 listings for sale in Manor Lakes VIC 3024 are currently advertised below an earlier asking price, 52% of the 88 listings on the market. 39 of those cuts were recorded in the last 30 days and 44 in the last 90.
How much are Manor Lakes sellers cutting their prices by?
The median cut is 3.7%, or $25K, measured from the previous advertised asking price to the current one on each listing.
How long are Manor Lakes 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 46 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.