Price drops in Melton
Listings for sale in Melton, VIC 3337 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
33
72% of 46 live listings
Median cut
5.1%
$30K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
24 / 31
no current price rises
Melton price-drop summary
33 listings in Melton (72% of the 46 on the market) are advertised below an earlier asking price. The typical reduction is 5.1%, about $30K. House listings account for 27 of them, with a median cut of 5.0%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 27 | 5.0% |
| Apartment | 4 | 5.7% |
| Acreage | 2 | 18.7% |
Largest current cuts in Melton
The 30 biggest of 33, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 27-127 Highett Road | $3,800,000 | $2,970,000 | -21.8% | 5 bed Acreage | |
| 1990-2014 MELTON HIGHWAY | $4,500,000 | $3,800,000 | -15.6% | 3 bed Acreage | |
| 3 Yuille Street | $1,098,900 | $990,000 | -9.9% | 4 bed House | |
| 29 Rosina Drive | $619,000 | $560,000 | -9.5% | 3 bed House | |
| 11/4-10 Plover Street | $470,000 | $430,000 | -8.5% | 3 bed Apartment | |
| 19 Yuille Street | $1,200,000 | $1,098,000 | -8.5% | 4 bed House | |
| 51 Centenary Avenue | $599,000 | $550,000 | -8.2% | 3 bed House | |
| 14 Lorimer Street | $599,000 | $559,000 | -6.7% | 3 bed House | |
| 35 Norma Street | $695,000 | $649,000 | -6.6% | 4 bed House | |
| 6/17-19 MCKENZIE STREET | $459,000 | $429,000 | -6.5% | 2 bed Apartment | |
| 39 Riddle Drive | $800,000 | $749,000 | -6.4% | 6 bed House | |
| 4 Sandra Street | $745,000 | $699,000 | -6.2% | 4 bed House | |
| 31 Lorimer Street | $620,000 | $585,000 | -5.6% | 3 bed House | |
| 121 Palmerston Street | $539,000 | $509,000 | -5.6% | 3 bed House | |
| 5 Cadross Avenue | $550,000 | $520,000 | -5.5% | 4 bed House | |
| 78 Barries Road | $739,000 | $699,000 | -5.4% | 3 bed House | |
| 39 Killarney Drive | $1,949,000 | $1,849,000 | -5.1% | 4 bed House | |
| 79 Vista Drive | $599,000 | $569,000 | -5.0% | 3 bed House | |
| 5/4-10 Plover Street | $419,000 | $399,000 | -4.8% | 2 bed Apartment | |
| 3 Connemarra Circuit | $2,100,000 | $2,000,000 | -4.8% | 4 bed House | |
| 59 Marina Drive | $680,000 | $649,000 | -4.6% | 4 bed House | |
| 1 Arnold Court | $520,000 | $499,000 | -4.0% | 3 bed House | |
| 4 Tern Court | $548,900 | $526,900 | -4.0% | 3 bed House | |
| 6 The Strand | $809,000 | $779,000 | -3.7% | 5 bed House | |
| 3 Carter Road | $590,000 | $569,000 | -3.6% | 3 bed House | |
| 40 Riddle Drive | $580,000 | $560,000 | -3.4% | 3 bed House | |
| 8 Oldershaw Road | $580,000 | $560,000 | -3.4% | 3 bed House | |
| 6 Gretel Grove | $619,000 | $599,000 | -3.2% | 3 bed House | |
| 49 Rosina Drive | $599,000 | $580,000 | -3.2% | 3 bed House | |
| 10/51-55 Tullidge Street | $530,000 | $515,000 | -2.8% | 3 bed Apartment |
Suburb profile
Melton market data
Median prices, rents, growth and vacancy for Melton.
Sold prices
Recent sales in Melton
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 Melton: common questions
How many properties in Melton have had a price drop?
33 listings for sale in Melton VIC 3337 are currently advertised below an earlier asking price, 72% of the 46 listings on the market. 24 of those cuts were recorded in the last 30 days and 31 in the last 90.
How much are Melton sellers cutting their prices by?
The median cut is 5.1%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Melton 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 33 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.