Price drops in Montmorency
Listings for sale in Montmorency, VIC 3094 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
10
31% of 32 live listings
Median cut
4.0%
$58K off the asking price
Days listed before cut
68
median, first listed to latest cut
Cuts, last 30 / 90 days
8 / 9
no current price rises
Montmorency price-drop summary
10 listings in Montmorency (31% of the 32 on the market) are advertised below an earlier asking price. The typical reduction is 4.0%, about $58K. Apartment listings account for 5 of them, with a median cut of 5.5%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 5 | 5.5% |
| House | 4 | 3.1% |
| Townhouse | 1 | 3.3% |
Largest current cuts in Montmorency
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1A/171 Rattray Road | $1,750,000 | $1,630,000 | -6.9% | 4 bed Apartment | |
| 1/97 Mountain View Road | $960,000 | $895,000 | -6.8% | 3 bed Apartment | |
| 3/88 Para Road | $910,000 | $860,000 | -5.5% | 3 bed Apartment | |
| 51 Belmont Crescent | $1,300,000 | $1,230,000 | -5.4% | 4 bed House | |
| 1A McCarthy Grove | $1,380,000 | $1,320,000 | -4.3% | 4 bed Apartment | |
| 9 Ryrie Court | $2,800,000 | $2,700,000 | -3.6% | 5 bed House | |
| 2/29 Price Avenue | $1,650,000 | $1,595,000 | -3.3% | 4 bed Townhouse | |
| 4/64 Para Road | $550,000 | $535,000 | -2.7% | 2 bed Apartment | |
| 23 Adam Crescent | $770,000 | $750,000 | -2.6% | 3 bed House | |
| 140 Rattray Road | $1,120,000 | $1,100,000 | -1.8% | 4 bed House |
Suburb profile
Montmorency market data
Median prices, rents, growth and vacancy for Montmorency.
Sold prices
Recent sales in Montmorency
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 Montmorency: common questions
How many properties in Montmorency have had a price drop?
10 listings for sale in Montmorency VIC 3094 are currently advertised below an earlier asking price, 31% of the 32 listings on the market. 8 of those cuts were recorded in the last 30 days and 9 in the last 90.
How much are Montmorency sellers cutting their prices by?
The median cut is 4.0%, or $58K, measured from the previous advertised asking price to the current one on each listing.
How long are Montmorency listings on the market before the price drops?
A median of 68 days from when the listing first appeared to its latest price cut, across 10 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.