Price drops in Mernda
Listings for sale in Mernda, VIC 3754 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
30
34% of 87 live listings
Median cut
3.2%
$28K off the asking price
Days listed before cut
46
median, first listed to latest cut
Cuts, last 30 / 90 days
23 / 25
6 listings have raised instead
Mernda price-drop summary
30 listings in Mernda (34% of the 87 on the market) are advertised below an earlier asking price. The typical reduction is 3.2%, about $28K. House listings account for 25 of them, with a median cut of 3.7%. Going the other way, 6 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 25 | 3.7% |
| Townhouse | 3 | 0.9% |
| Apartment | 1 | 2.4% |
| Other | 1 | 8.1% |
Largest current cuts in Mernda
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 12 Nimble Street | $1,250,000 | $1,080,000 | -13.6% | 5 bed House | |
| 470 Masons Road | $1,980,000 | $1,750,000 | -11.6% | 6 bed House | |
| 18 Splitters Street | $495,000 | $455,000 | -8.1% | 1 bed | |
| 31 Parkedge Boulevard | $1,430,000 | $1,320,000 | -7.7% | 4 bed House | |
| 8 Trimble Way | $1,980,000 | $1,850,000 | -6.6% | 6 bed House | |
| 4 Bagshot Circuit | $859,000 | $803,000 | -6.5% | 4 bed House | |
| 16 Waterview Drive | $1,380,000 | $1,295,000 | -6.2% | 5 bed House | |
| 20 Pearson Road | $845,900 | $799,000 | -5.5% | 4 bed House | |
| 23 Grimsthorpe Place | $799,000 | $760,000 | -4.9% | 4 bed House | |
| 8 Greig Drive | $1,500,000 | $1,430,000 | -4.7% | 4 bed House | |
| 9 Raitt Grove | $670,000 | $640,000 | -4.5% | 3 bed House | |
| 21 Sackville Street | $836,000 | $799,000 | -4.4% | 4 bed House | |
| 15 Hanley Street | $740,000 | $710,000 | -4.1% | 4 bed House | |
| 30 Silverwood Drive | $820,000 | $790,000 | -3.7% | 4 bed House | |
| 10 Clanedin Ave | $930,000 | $900,000 | -3.2% | 4 bed House | |
| 5 Prosperity Place | $620,000 | $600,000 | -3.2% | 3 bed Townhouse | |
| 27 Pietas Place | $795,000 | $769,950 | -3.2% | 4 bed House | |
| 20 Chanticleer Drive | $505,000 | $490,000 | -3.0% | 3 bed House | |
| 10 Rayfield Road | $695,000 | $675,000 | -2.9% | 4 bed House | |
| 42 Eldorado Loop | $710,000 | $690,000 | -2.8% | 4 bed House | |
| 28 Millstream Way | $820,000 | $799,000 | -2.6% | 4 bed House | |
| 46 Basilica Vista | $790,000 | $770,000 | -2.5% | 4 bed House | |
| 10 Throssell Street | $800,000 | $780,000 | -2.5% | 4 bed House | |
| 1/88 Schotters Road | $630,000 | $615,000 | -2.4% | 2 bed Apartment | |
| 106 Mernda Village Drive | $840,000 | $825,000 | -1.8% | 4 bed House | |
| 10 Questo Walk | $760,000 | $750,000 | -1.3% | 3 bed House | |
| 10 Croft Street | $850,000 | $839,950 | -1.2% | 4 bed House | |
| 73 Lockhart Street | $530,000 | $525,000 | -0.9% | 3 bed Townhouse | |
| 4 Burgess Street | $689,000 | $684,000 | -0.7% | 4 bed House | |
| 24 Lucca Walk | $620,000 | $619,000 | -0.2% | 3 bed Townhouse |
Suburb profile
Mernda market data
Median prices, rents, growth and vacancy for Mernda.
Sold prices
Recent sales in Mernda
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 Mernda: common questions
How many properties in Mernda have had a price drop?
30 listings for sale in Mernda VIC 3754 are currently advertised below an earlier asking price, 34% of the 87 listings on the market. 23 of those cuts were recorded in the last 30 days and 25 in the last 90.
How much are Mernda sellers cutting their prices by?
The median cut is 3.2%, or $28K, measured from the previous advertised asking price to the current one on each listing.
How long are Mernda listings on the market before the price drops?
A median of 46 days from when the listing first appeared to its latest price cut, across 30 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.