Price drops in Mulgrave
Listings for sale in Mulgrave, VIC 3170 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
13
26% of 50 live listings
Median cut
5.8%
$54K off the asking price
Days listed before cut
61
median, first listed to latest cut
Cuts, last 30 / 90 days
10 / 12
2 listings have raised instead
Mulgrave price-drop summary
13 listings in Mulgrave (26% of the 50 on the market) are advertised below an earlier asking price. The typical reduction is 5.8%, about $54K. House listings account for 9 of them, with a median cut of 4.2%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 9 | 4.2% |
| Apartment | 3 | 7.1% |
| Townhouse | 1 | 7.6% |
Largest current cuts in Mulgrave
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 29 Whitehaven Crescent | $1,200,000 | $985,000 | -17.9% | 4 bed House | |
| 2/75 Highfield Avenue | $690,000 | $635,000 | -8.0% | 2 bed Apartment | |
| 1/61 Albany Drive | $1,190,000 | $1,100,000 | -7.6% | 4 bed Townhouse | |
| 1/27 Police Road | $420,000 | $390,000 | -7.1% | 1 bed Apartment | |
| 2A Renbold Place | $1,550,000 | $1,450,000 | -6.5% | 5 bed Apartment | |
| 2 Arundel Court | $929,000 | $875,000 | -5.8% | 4 bed House | |
| 65 Wattle Grove | $1,060,000 | $999,000 | -5.8% | 3 bed House | |
| 35 Denver Crescent | $1,000,000 | $950,000 | -5.0% | 3 bed House | |
| 13 Amblecote Crescent | $1,200,000 | $1,150,000 | -4.2% | 4 bed House | |
| 563 Police Road | $2,375,000 | $2,290,000 | -3.6% | 5 bed House | |
| 5 Arundel Court | $950,000 | $920,000 | -3.2% | 3 bed House | |
| 47 Cavenagh Boulevard | $1,330,000 | $1,290,000 | -3.0% | 4 bed House | |
| 24 Stadium Circuit | $1,210,000 | $1,180,000 | -2.5% | 3 bed House |
Suburb profile
Mulgrave market data
Median prices, rents, growth and vacancy for Mulgrave.
Sold prices
Recent sales in Mulgrave
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 Mulgrave: common questions
How many properties in Mulgrave have had a price drop?
13 listings for sale in Mulgrave VIC 3170 are currently advertised below an earlier asking price, 26% of the 50 listings on the market. 10 of those cuts were recorded in the last 30 days and 12 in the last 90.
How much are Mulgrave sellers cutting their prices by?
The median cut is 5.8%, or $54K, measured from the previous advertised asking price to the current one on each listing.
How long are Mulgrave listings on the market before the price drops?
A median of 61 days from when the listing first appeared to its latest price cut, across 13 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.