Price drops in McKinnon
Listings for sale in McKinnon, VIC 3204 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
6
17% of 35 live listings
Median cut
6.0%
$50K off the asking price
Days listed before cut
67
median, first listed to latest cut
Cuts, last 30 / 90 days
5 / 6
4 listings have raised instead
McKinnon price-drop summary
6 listings in McKinnon (17% of the 35 on the market) are advertised below an earlier asking price. The typical reduction is 6.0%, about $50K. Apartment listings account for 3 of them, with a median cut of 6.8%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 3 | 6.8% |
| Townhouse | 2 | 7.7% |
| House | 1 | 2.3% |
Largest current cuts in McKinnon
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 6/140 McKinnon Road | $390,000 | $339,950 | -12.8% | 1 bed Apartment | |
| 12A Glen Orme Avenue | $1,900,000 | $1,690,000 | -11.1% | 5 bed Townhouse | |
| 4/142 McKinnon Road | $370,000 | $345,000 | -6.8% | 1 bed Apartment | |
| 1/224 Jasper Road | $950,000 | $899,900 | -5.3% | 3 bed Apartment | |
| 1/2 Lees Street | $1,150,000 | $1,100,000 | -4.3% | 3 bed Townhouse | |
| 11 Lees Street | $1,325,000 | $1,295,000 | -2.3% | 3 bed House |
Suburb profile
McKinnon market data
Median prices, rents, growth and vacancy for McKinnon.
Sold prices
Recent sales in McKinnon
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 McKinnon: common questions
How many properties in McKinnon have had a price drop?
6 listings for sale in McKinnon VIC 3204 are currently advertised below an earlier asking price, 17% of the 35 listings on the market. 5 of those cuts were recorded in the last 30 days and 6 in the last 90.
How much are McKinnon sellers cutting their prices by?
The median cut is 6.0%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are McKinnon listings on the market before the price drops?
A median of 67 days from when the listing first appeared to its latest price cut, across 6 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.