Price drops in Murrumbeena
Listings for sale in Murrumbeena, VIC 3163 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
15
37% of 41 live listings
Median cut
3.1%
$40K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
9 / 13
5 listings have raised instead
Murrumbeena price-drop summary
15 listings in Murrumbeena (37% of the 41 on the market) are advertised below an earlier asking price. The typical reduction is 3.1%, about $40K. Apartment listings account for 6 of them, with a median cut of 4.1%. Going the other way, 5 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 6 | 4.1% |
| House | 6 | 4.4% |
| Townhouse | 2 | 2.3% |
| Other | 1 | 2.6% |
Largest current cuts in Murrumbeena
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 3/1 Arthur Street | $800,000 | $715,000 | -10.6% | 2 bed Apartment | |
| 4/1 Arthur Street | $800,000 | $715,000 | -10.6% | 2 bed Apartment | |
| 253-255 Poath Road | $6,300,000 | $5,730,000 | -9.0% | 4 bed House | |
| 327 Murrumbeena Road | $1,200,000 | $1,125,000 | -6.3% | 3 bed House | |
| 19 Atkinson Street | $1,695,000 | $1,600,000 | -5.6% | 4 bed House | |
| 2/59 Hobart Road | $385,000 | $365,000 | -5.2% | 1 bed Apartment | |
| 5 Hooper Street | $1,290,000 | $1,250,000 | -3.1% | 3 bed House | |
| 11/128 Murrumbeena Road | $680,000 | $659,000 | -3.1% | 2 bed Apartment | |
| 17a Kinlock Avenue | $1,799,950 | $1,750,000 | -2.8% | 4 bed Townhouse | |
| 11 Poath Road | $1,900,000 | $1,850,000 | -2.6% | 4 bed House | |
| 2/1A Gilsland Road | $616,000 | $600,000 | -2.6% | 1 bed | |
| 187A Murrumbeena Road | $1,400,000 | $1,365,000 | -2.5% | 3 bed Apartment | |
| 237B Murrumbeena Road | $1,100,000 | $1,080,000 | -1.8% | 2 bed Townhouse | |
| 208/41 Murrumbeena Road | $559,000 | $555,000 | -0.7% | 2 bed Apartment | |
| 19 Wahroongaa Road | $2,250,000 | $2,249,950 | -0.0% | 4 bed House |
Suburb profile
Murrumbeena market data
Median prices, rents, growth and vacancy for Murrumbeena.
Sold prices
Recent sales in Murrumbeena
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 Murrumbeena: common questions
How many properties in Murrumbeena have had a price drop?
15 listings for sale in Murrumbeena VIC 3163 are currently advertised below an earlier asking price, 37% of the 41 listings on the market. 9 of those cuts were recorded in the last 30 days and 13 in the last 90.
How much are Murrumbeena sellers cutting their prices by?
The median cut is 3.1%, or $40K, measured from the previous advertised asking price to the current one on each listing.
How long are Murrumbeena listings on the market before the price drops?
A median of 60 days from when the listing first appeared to its latest price cut, across 15 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.