Price drops in Melton West
Listings for sale in Melton West, 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
23
51% of 45 live listings
Median cut
4.8%
$30K off the asking price
Days listed before cut
45
median, first listed to latest cut
Cuts, last 30 / 90 days
18 / 21
4 listings have raised instead
Melton West price-drop summary
23 listings in Melton West (51% of the 45 on the market) are advertised below an earlier asking price. The typical reduction is 4.8%, about $30K. House listings account for 21 of them, with a median cut of 4.8%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 21 | 4.8% |
| Apartment | 1 | 4.3% |
| Other | 1 | 3.6% |
Largest current cuts in Melton West
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 5 Karen Place | $499,000 | $415,000 | -16.8% | 3 bed House | |
| 11 Catalina Place | $758,000 | $690,000 | -9.0% | 5 bed House | |
| 9 Dingley Place | $658,900 | $609,000 | -7.6% | 4 bed House | |
| 8 St John Place | $729,000 | $679,000 | -6.9% | 4 bed House | |
| 18 Mark Place | $619,000 | $580,000 | -6.3% | 3 bed House | |
| 3 Kingsley Place | $649,000 | $610,000 | -6.0% | 3 bed House | |
| 8 James Cook Drive | $699,000 | $659,000 | -5.7% | 4 bed House | |
| 254 Bulmans Road | $569,000 | $539,000 | -5.3% | 3 bed House | |
| 46 Carlyon Close | $829,000 | $789,000 | -4.8% | 4 bed House | |
| 1 Dianne Place | $629,000 | $599,000 | -4.8% | 3 bed House | |
| 5 Paul Harris Drive | $1,050,000 | $999,999 | -4.8% | 4 bed House | |
| 2 Morrow Street | $630,000 | $600,000 | -4.8% | 3 bed House | |
| 343 Centenary Avenue | $759,000 | $725,000 | -4.5% | 4 bed House | |
| 1/4 Asquith Place | $515,900 | $493,900 | -4.3% | 2 bed Apartment | |
| 24 Trethowan Avenue | $749,000 | $719,000 | -4.0% | 4 bed House | |
| 28 Paul Harris Drive | $715,000 | $689,000 | -3.6% | 4 bed | |
| 2 Corriedale Road | $709,000 | $689,000 | -2.8% | 4 bed House | |
| 83 Fairhaven Boulevard | $720,000 | $700,000 | -2.8% | 4 bed House | |
| 4 Churchill Way | $550,000 | $535,000 | -2.7% | 3 bed House | |
| 3 Dumbarton Circuit | $658,900 | $643,500 | -2.3% | 3 bed House | |
| 26 Westmelton Drive | $569,000 | $559,000 | -1.8% | 4 bed House | |
| 120 Hilton Way | $609,000 | $599,000 | -1.6% | 3 bed House | |
| 1 Olympia Place | $550,000 | $549,000 | -0.2% | 3 bed House |
Suburb profile
Melton West market data
Median prices, rents, growth and vacancy for Melton West.
Sold prices
Recent sales in Melton West
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 West: common questions
How many properties in Melton West have had a price drop?
23 listings for sale in Melton West VIC 3337 are currently advertised below an earlier asking price, 51% of the 45 listings on the market. 18 of those cuts were recorded in the last 30 days and 21 in the last 90.
How much are Melton West sellers cutting their prices by?
The median cut is 4.8%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Melton West listings on the market before the price drops?
A median of 45 days from when the listing first appeared to its latest price cut, across 23 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.