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Price drops in Mount Eliza

Listings for sale in Mount Eliza, VIC 3930 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

70

45% of 157 live listings

Median cut

5.8%

$120K off the asking price

Days listed before cut

93

median, first listed to latest cut

Cuts, last 30 / 90 days

42 / 59

5 listings have raised instead

Mount Eliza price-drop summary

70 listings in Mount Eliza (45% of the 157 on the market) are advertised below an earlier asking price. The typical reduction is 5.8%, about $120K. House listings account for 64 of them, with a median cut of 5.9%. Going the other way, 5 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House645.9%
Apartment54.4%
Townhouse14.0%

Largest current cuts in Mount Eliza

The 30 biggest of 70, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
118 Tower Road$3,450,000$2,700,000-21.7%5 bed House
6 Woodland Avenue$2,170,000$1,850,000-14.7%4 bed House
51 Rutland Avenue$2,194,000$1,900,000-13.4%3 bed House
65 Rosserdale Crescent$3,050,000$2,650,000-13.1%4 bed House
97 Old Mornington Road$2,700,000$2,350,000-13.0%4 bed House
12A Warana Way$1,980,000$1,725,000-12.9%4 bed House
27A Dalsten Grove$1,485,000$1,300,000-12.5%3 bed House
2A Blake Court$3,135,000$2,750,000-12.3%5 bed House
79A Fulton Road$3,900,000$3,500,000-10.3%5 bed House
87 Kunyung Road$2,750,000$2,475,000-10.0%4 bed House
17 Meribil Close$2,550,000$2,295,000-10.0%6 bed House
30 Beluga Street$2,195,000$2,000,000-8.9%4 bed House
17A St Johns Lane$2,189,000$2,000,000-8.6%4 bed Apartment
4 Angus Court$2,400,000$2,194,500-8.6%6 bed House
35 Rutland Avenue$2,350,000$2,150,000-8.5%3 bed House
27 Redbourne Avenue$3,000,000$2,750,000-8.3%4 bed House
2-4/27 The Ridge$2,825,000$2,600,000-8.0%4 bed House
33 Glen Shian Lane$5,200,000$4,800,000-7.7%5 bed House
25 Watts Parade$8,000,000$7,400,000-7.5%4 bed House
58 Summerhill Crescent$1,375,000$1,275,000-7.3%3 bed House
44 Jacksons Road$3,450,000$3,200,000-7.2%1 bed House
32 Rutland Avenue$2,995,000$2,790,000-6.8%4 bed House
3 Harleston Road$4,295,000$4,015,000-6.5%5 bed House
7A Glen Shian Crescent$3,850,000$3,600,000-6.5%4 bed House
5 Stephens Road$3,844,500$3,600,000-6.4%4 bed House
47 Granya Grove$1,760,000$1,650,000-6.3%4 bed House
8 Thornton Road$2,450,000$2,300,000-6.1%6 bed House
117 Canadian Bay Road$1,650,000$1,549,000-6.1%3 bed House
9 Rendlesham Avenue$1,970,000$1,850,000-6.1%3 bed House
31 Dalsten Grove$1,980,000$1,860,000-6.1%3 bed House

Suburb profile

Mount Eliza market data

Median prices, rents, growth and vacancy for Mount Eliza.

Sold prices

Recent sales in Mount Eliza

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 Mount Eliza: common questions

How many properties in Mount Eliza have had a price drop?

70 listings for sale in Mount Eliza VIC 3930 are currently advertised below an earlier asking price, 45% of the 157 listings on the market. 42 of those cuts were recorded in the last 30 days and 59 in the last 90.

How much are Mount Eliza sellers cutting their prices by?

The median cut is 5.8%, or $120K, measured from the previous advertised asking price to the current one on each listing.

How long are Mount Eliza listings on the market before the price drops?

A median of 93 days from when the listing first appeared to its latest price cut, across 70 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.