Price drops in Mentone
Listings for sale in Mentone, VIC 3194 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
21
40% of 52 live listings
Median cut
3.7%
$31K off the asking price
Days listed before cut
39
median, first listed to latest cut
Cuts, last 30 / 90 days
18 / 20
3 listings have raised instead
Mentone price-drop summary
21 listings in Mentone (40% of the 52 on the market) are advertised below an earlier asking price. The typical reduction is 3.7%, about $31K. Townhouse listings account for 8 of them, with a median cut of 3.1%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Townhouse | 8 | 3.1% |
| Apartment | 7 | 4.4% |
| House | 6 | 3.2% |
Largest current cuts in Mentone
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1/153 Lower Dandenong Road | $920,000 | $850,000 | -7.6% | 3 bed Townhouse | |
| 2/14 Flinders Street | $1,430,000 | $1,350,000 | -5.6% | 3 bed Townhouse | |
| 5/144 Collins Street | $550,000 | $520,000 | -5.5% | 2 bed Apartment | |
| 13/32-34 Flinders Street | $790,000 | $750,000 | -5.1% | 2 bed Apartment | |
| 22 Collins Street | $2,200,000 | $2,100,000 | -4.5% | 3 bed House | |
| 108/81 Warrigal Road | $440,000 | $420,000 | -4.5% | 1 bed Apartment | |
| 6/94 Beach Road | $450,000 | $430,000 | -4.4% | 1 bed Apartment | |
| 53 Plummer Road | $2,400,000 | $2,300,000 | -4.2% | 4 bed House | |
| 8 Maxine Court | $1,980,000 | $1,900,000 | -4.0% | 4 bed House | |
| 17/3-5 Alvena Street | $520,000 | $500,000 | -3.8% | 2 bed Apartment | |
| 1/1 Delville Avenue | $830,000 | $799,000 | -3.7% | 2 bed Townhouse | |
| 3/236 Balcombe Road | $1,395,000 | $1,350,000 | -3.2% | 3 bed Townhouse | |
| 4/14 Elizabeth Street | $995,000 | $965,000 | -3.0% | 2 bed Townhouse | |
| 23B Riviera Street | $770,000 | $750,000 | -2.6% | 2 bed Apartment | |
| 8-10 Sea Parade | $4,400,000 | $4,300,000 | -2.3% | 3 bed House | |
| 21 Milan Street | $1,890,000 | $1,850,000 | -2.1% | 2 bed House | |
| 1/8 Collins Street | $1,580,000 | $1,550,000 | -1.9% | 3 bed Townhouse | |
| 104/7 Balcombe Road | $565,000 | $555,000 | -1.8% | 2 bed Apartment | |
| 54 Beach Road | $3,850,000 | $3,800,000 | -1.3% | 4 bed House | |
| 1/7b Collins Street | $1,695,000 | $1,675,000 | -1.2% | 4 bed Townhouse | |
| 20 Teague Avenue | $1,200,000 | $1,195,000 | -0.4% | 3 bed Townhouse |
Suburb profile
Mentone market data
Median prices, rents, growth and vacancy for Mentone.
Sold prices
Recent sales in Mentone
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 Mentone: common questions
How many properties in Mentone have had a price drop?
21 listings for sale in Mentone VIC 3194 are currently advertised below an earlier asking price, 40% of the 52 listings on the market. 18 of those cuts were recorded in the last 30 days and 20 in the last 90.
How much are Mentone sellers cutting their prices by?
The median cut is 3.7%, or $31K, measured from the previous advertised asking price to the current one on each listing.
How long are Mentone listings on the market before the price drops?
A median of 39 days from when the listing first appeared to its latest price cut, across 21 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.