Price drops in Mill Park
Listings for sale in Mill Park, VIC 3082 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
17
28% of 60 live listings
Median cut
4.3%
$33K off the asking price
Days listed before cut
29
median, first listed to latest cut
Cuts, last 30 / 90 days
16 / 16
4 listings have raised instead
Mill Park price-drop summary
17 listings in Mill Park (28% of the 60 on the market) are advertised below an earlier asking price. The typical reduction is 4.3%, about $33K. House listings account for 14 of them, with a median cut of 4.1%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 14 | 4.1% |
| Apartment | 2 | 5.8% |
| Townhouse | 1 | 5.9% |
Largest current cuts in Mill Park
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 104/55 Oleander Drive | $445,000 | $412,000 | -7.4% | 2 bed Apartment | |
| 1 Landy Close | $990,000 | $920,000 | -7.1% | 7 bed House | |
| 348 Mckimmies Road | $680,000 | $640,000 | -5.9% | 3 bed Townhouse | |
| 99 Prince of Wales Avenue | $795,000 | $750,000 | -5.7% | 3 bed House | |
| 6 Friendship Ave | $940,000 | $889,500 | -5.4% | 3 bed House | |
| 10 Grenda Drive | $840,000 | $795,000 | -5.4% | 4 bed House | |
| 19 Albany Road | $520,000 | $495,000 | -4.8% | 2 bed House | |
| 4 Wakeful Place | $850,000 | $810,000 | -4.7% | 3 bed House | |
| 33 Research Drive | $1,045,000 | $1,000,000 | -4.3% | 4 bed House | |
| 5/215 Betula Avenue | $616,000 | $590,000 | -4.2% | 3 bed Apartment | |
| 23 Carbon Crescent | $1,035,000 | $995,000 | -3.9% | 4 bed House | |
| 16 Lamina Avenue | $759,000 | $730,000 | -3.8% | 3 bed House | |
| 10 Dorrington Court | $770,000 | $749,000 | -2.7% | 3 bed House | |
| 1 Nandina Court | $830,000 | $810,000 | -2.4% | 3 bed House | |
| 4 Gaze Court | $930,000 | $910,000 | -2.2% | 3 bed House | |
| 29 Ancona Drive | $1,220,000 | $1,200,000 | -1.6% | 4 bed House | |
| 33 Casalingo Boulevard | $659,000 | $649,000 | -1.5% | 3 bed House |
Suburb profile
Mill Park market data
Median prices, rents, growth and vacancy for Mill Park.
Sold prices
Recent sales in Mill Park
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 Mill Park: common questions
How many properties in Mill Park have had a price drop?
17 listings for sale in Mill Park VIC 3082 are currently advertised below an earlier asking price, 28% of the 60 listings on the market. 16 of those cuts were recorded in the last 30 days and 16 in the last 90.
How much are Mill Park sellers cutting their prices by?
The median cut is 4.3%, or $33K, measured from the previous advertised asking price to the current one on each listing.
How long are Mill Park listings on the market before the price drops?
A median of 29 days from when the listing first appeared to its latest price cut, across 17 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.