Price drops in Mount Martha
Listings for sale in Mount Martha, VIC 3934 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
53
39% of 135 live listings
Median cut
5.7%
$100K off the asking price
Days listed before cut
76
median, first listed to latest cut
Cuts, last 30 / 90 days
33 / 41
8 listings have raised instead
Mount Martha price-drop summary
53 listings in Mount Martha (39% of the 135 on the market) are advertised below an earlier asking price. The typical reduction is 5.7%, about $100K. House listings account for 45 of them, with a median cut of 5.7%. Going the other way, 8 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 45 | 5.7% |
| Apartment | 5 | 3.8% |
| Townhouse | 2 | 3.3% |
| Retirement | 1 | 8.0% |
Largest current cuts in Mount Martha
The 30 biggest of 53, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 38 Park Road | $2,090,000 | $1,750,000 | -16.3% | 3 bed House | |
| 106 Dominion Road | $1,520,000 | $1,300,000 | -14.5% | 3 bed House | |
| 11 Yarrabin Drive | $1,150,000 | $1,020,000 | -11.3% | 3 bed House | |
| 45 Amberley Drive | $930,000 | $825,000 | -11.3% | 2 bed House | |
| 55 Scenic View Drive | $2,970,000 | $2,640,000 | -11.1% | 5 bed House | |
| 3 Carool Court | $2,750,000 | $2,500,000 | -9.1% | 4 bed House | |
| 5 Maude Street | $1,750,000 | $1,595,000 | -8.9% | 3 bed House | |
| 27 Hooper Grove | $2,300,000 | $2,100,000 | -8.7% | 5 bed House | |
| 31 Paperbark Drive | $1,265,000 | $1,155,000 | -8.7% | 4 bed House | |
| 10 John William Drive | $1,320,000 | $1,210,000 | -8.3% | 4 bed House | |
| 058/165 Osborne Drive | $1,250,000 | $1,150,000 | -8.0% | 2 bed Retirement | |
| 1 Vivian Way | $1,000,000 | $920,000 | -8.0% | 3 bed House | |
| 51 Dunns Road | $2,600,000 | $2,400,000 | -7.7% | 5 bed House | |
| 18 Parer Street | $2,275,000 | $2,100,000 | -7.7% | 4 bed House | |
| 86 Ellerina Road | $2,750,000 | $2,550,000 | -7.3% | 5 bed House | |
| 77 Panorama Drive | $2,570,000 | $2,395,000 | -6.8% | 5 bed House | |
| 26 Hull Road | $2,350,000 | $2,190,000 | -6.8% | 5 bed House | |
| 222 Marine Drive | $2,300,000 | $2,145,000 | -6.7% | 3 bed House | |
| 74 Grandview Terrace | $2,780,000 | $2,595,000 | -6.7% | 5 bed House | |
| 23 Fairbairn Avenue | $2,550,000 | $2,385,000 | -6.5% | 4 bed House | |
| 7 The Point | $4,800,000 | $4,500,000 | -6.3% | 4 bed House | |
| 201A Osborne Drive | $1,760,000 | $1,650,000 | -6.3% | 5 bed House | |
| 29 Grandview Terrace | $1,600,000 | $1,500,000 | -6.3% | 3 bed House | |
| 25/76 Harrap Road | $880,000 | $825,000 | -6.3% | 3 bed Apartment | |
| 7/579 Esplanade | $935,000 | $880,000 | -5.9% | 3 bed Apartment | |
| 27 Vantage Point Drive | $1,750,000 | $1,650,000 | -5.7% | 4 bed House | |
| 16 Greenlaw Crescent | $1,750,000 | $1,650,000 | -5.7% | 4 bed House | |
| 413-414 Esplanade | $9,000,000 | $8,500,000 | -5.6% | 5 bed House | |
| 85 Panorama Drive | $3,600,000 | $3,400,000 | -5.6% | 5 bed House | |
| 341 Esplanade | $3,600,000 | $3,400,000 | -5.6% | 4 bed House |
Suburb profile
Mount Martha market data
Median prices, rents, growth and vacancy for Mount Martha.
Sold prices
Recent sales in Mount Martha
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 Martha: common questions
How many properties in Mount Martha have had a price drop?
53 listings for sale in Mount Martha VIC 3934 are currently advertised below an earlier asking price, 39% of the 135 listings on the market. 33 of those cuts were recorded in the last 30 days and 41 in the last 90.
How much are Mount Martha sellers cutting their prices by?
The median cut is 5.7%, or $100K, measured from the previous advertised asking price to the current one on each listing.
How long are Mount Martha listings on the market before the price drops?
A median of 76 days from when the listing first appeared to its latest price cut, across 53 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.