Price drops in Mornington
Listings for sale in Mornington, VIC 3931 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
63
38% of 168 live listings
Median cut
5.1%
$65K off the asking price
Days listed before cut
84
median, first listed to latest cut
Cuts, last 30 / 90 days
36 / 50
3 listings have raised instead
Mornington price-drop summary
63 listings in Mornington (38% of the 168 on the market) are advertised below an earlier asking price. The typical reduction is 5.1%, about $65K. House listings account for 41 of them, with a median cut of 5.6%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 41 | 5.6% |
| Apartment | 13 | 6.5% |
| Townhouse | 8 | 4.6% |
| Acreage | 1 | 4.4% |
Largest current cuts in Mornington
The 30 biggest of 63, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1/15 Seaview Avenue | $1,125,000 | $930,000 | -17.3% | 4 bed Apartment | |
| 5 Warrain Avenue | $6,490,000 | $5,500,000 | -15.3% | 4 bed House | |
| 12/17 Tanti Avenue | $1,265,000 | $1,080,000 | -14.6% | 2 bed Apartment | |
| 6/20 Main Street | $1,050,000 | $900,000 | -14.3% | 2 bed Apartment | |
| 25 Beleura Hill Road | $7,500,000 | $6,500,000 | -13.3% | 5 bed House | |
| 6 Orlanda Court | $930,000 | $825,000 | -11.3% | 3 bed House | |
| 33 Darcy Street | $2,100,000 | $1,870,000 | -11.0% | 5 bed House | |
| 13 Rodney Court | $1,725,000 | $1,540,000 | -10.7% | 4 bed House | |
| 26 Albert Street | $2,400,000 | $2,145,000 | -10.6% | 3 bed House | |
| 2/5 Tanti Avenue | $1,200,000 | $1,080,000 | -10.0% | 2 bed Apartment | |
| 6 Royal Street | $2,750,000 | $2,500,000 | -9.1% | 3 bed House | |
| 11 Frontage Way | $4,600,000 | $4,200,000 | -8.7% | 3 bed House | |
| 11 Yacht Court | $3,600,000 | $3,300,000 | -8.3% | 4 bed House | |
| 8 Kent Street | $1,085,000 | $995,000 | -8.3% | 4 bed House | |
| 922 Nepean Highway | $929,500 | $860,000 | -7.5% | 3 bed House | |
| 42 Killingholme Drive | $1,485,000 | $1,375,000 | -7.4% | 4 bed House | |
| 19 Bayview Road | $1,375,000 | $1,275,000 | -7.3% | 5 bed House | |
| 1/78 Nunns Road | $850,000 | $790,000 | -7.1% | 2 bed Apartment | |
| 86 Tanti Avenue | $2,300,000 | $2,140,000 | -7.0% | 4 bed House | |
| 6A Gleneagles Avenue | $1,595,000 | $1,485,000 | -6.9% | 4 bed House | |
| 12 Balcombe Street | $2,200,000 | $2,050,000 | -6.8% | 5 bed House | |
| 2a Haig Street | $3,745,000 | $3,495,000 | -6.7% | 4 bed House | |
| 3/761-763 Esplanade | $825,000 | $770,000 | -6.7% | 2 bed Apartment | |
| 9/20 Main Street | $1,925,000 | $1,800,000 | -6.5% | 3 bed Apartment | |
| 9 Hampden Street | $930,000 | $870,000 | -6.5% | 2 bed House | |
| 7 David Lane | $790,000 | $740,000 | -6.3% | 3 bed House | |
| 22 Dava Drive | $1,540,000 | $1,445,000 | -6.2% | 3 bed House | |
| 1/3 Van Ness Avenue | $1,430,000 | $1,350,000 | -5.6% | 4 bed Townhouse | |
| 21 Spray Street | $895,000 | $845,000 | -5.6% | 3 bed House | |
| 2A Fulton Avenue | $1,800,000 | $1,700,000 | -5.6% | 3 bed Townhouse |
Suburb profile
Mornington market data
Median prices, rents, growth and vacancy for Mornington.
Sold prices
Recent sales in Mornington
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 Mornington: common questions
How many properties in Mornington have had a price drop?
63 listings for sale in Mornington VIC 3931 are currently advertised below an earlier asking price, 38% of the 168 listings on the market. 36 of those cuts were recorded in the last 30 days and 50 in the last 90.
How much are Mornington sellers cutting their prices by?
The median cut is 5.1%, or $65K, measured from the previous advertised asking price to the current one on each listing.
How long are Mornington listings on the market before the price drops?
A median of 84 days from when the listing first appeared to its latest price cut, across 63 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.