Price drops in Narre Warren South
Listings for sale in Narre Warren South, VIC 3805 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
40
63% of 63 live listings
Median cut
4.5%
$40K off the asking price
Days listed before cut
45
median, first listed to latest cut
Cuts, last 30 / 90 days
35 / 37
1 listing has raised instead
Narre Warren South price-drop summary
40 listings in Narre Warren South (63% of the 63 on the market) are advertised below an earlier asking price. The typical reduction is 4.5%, about $40K. House listings account for 39 of them, with a median cut of 4.5%. Going the other way, 1 listing has raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 39 | 4.5% |
| Townhouse | 1 | 3.9% |
Largest current cuts in Narre Warren South
The 30 biggest of 40, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1-2 Eden Grove | $3,500,000 | $2,860,000 | -18.3% | 4 bed House | |
| 11 Stanton Close | $820,000 | $690,000 | -15.9% | 3 bed House | |
| 171 Greaves Road | $2,750,000 | $2,450,000 | -10.9% | 5 bed House | |
| 33 Tuileries Rise | $1,100,000 | $990,000 | -10.0% | 4 bed House | |
| 37-38 Lansell Close | $2,650,000 | $2,400,000 | -9.4% | 7 bed House | |
| 94 Amberly Park Drive | $830,000 | $759,000 | -8.6% | 4 bed House | |
| 11 Addlington Court | $820,000 | $750,000 | -8.5% | 3 bed House | |
| 5 Oakgrove Drive | $950,000 | $869,000 | -8.5% | 4 bed House | |
| 53 Gledhill Street | $750,000 | $698,000 | -6.9% | 3 bed House | |
| 27 England Walk | $852,000 | $795,000 | -6.7% | 4 bed House | |
| 45 Armitage Drive | $990,000 | $925,000 | -6.6% | 4 bed House | |
| 19 James Bathe Way | $810,000 | $759,000 | -6.3% | 4 bed House | |
| 3 Amhurst Drive | $850,000 | $800,000 | -5.9% | 3 bed House | |
| 7 Southern Boulevard | $965,000 | $910,000 | -5.7% | 4 bed House | |
| 4B Bonette Circuit | $730,000 | $689,000 | -5.6% | 3 bed House | |
| 16 Evergold Close | $990,000 | $935,000 | -5.6% | 4 bed House | |
| 36 Terrapin Drive | $770,000 | $730,000 | -5.2% | 4 bed House | |
| 38 Filmer Crescent | $798,000 | $758,000 | -5.0% | 3 bed House | |
| 23 Beethoven Drive | $860,000 | $820,000 | -4.7% | 4 bed House | |
| 4 Cypress Hill Drive | $1,100,000 | $1,050,000 | -4.5% | 4 bed House | |
| 5 Raleigh Drive | $979,000 | $935,000 | -4.5% | 5 bed House | |
| 13-14 Sirius Place | $2,490,000 | $2,380,000 | -4.4% | 4 bed House | |
| 103 Golden Grove Drive | $760,000 | $729,000 | -4.1% | 3 bed House | |
| 12 Bronze Leaf Walk | $779,000 | $749,000 | -3.9% | 4 bed Townhouse | |
| 11 Lassiter Court | $799,000 | $770,000 | -3.6% | 3 bed House | |
| 10 Frederick Rise | $870,000 | $840,000 | -3.4% | 4 bed House | |
| 57 Terrapin Drive | $792,000 | $767,000 | -3.2% | 4 bed House | |
| 101 Harold Keys Drive | $855,000 | $829,000 | -3.0% | 4 bed House | |
| 263 Ormond Road | $1,050,000 | $1,020,000 | -2.9% | 4 bed House | |
| 45 Amhurst Drive | $875,000 | $850,000 | -2.9% | 4 bed House |
Suburb profile
Narre Warren South market data
Median prices, rents, growth and vacancy for Narre Warren South.
Sold prices
Recent sales in Narre Warren South
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 Narre Warren South: common questions
How many properties in Narre Warren South have had a price drop?
40 listings for sale in Narre Warren South VIC 3805 are currently advertised below an earlier asking price, 63% of the 63 listings on the market. 35 of those cuts were recorded in the last 30 days and 37 in the last 90.
How much are Narre Warren South sellers cutting their prices by?
The median cut is 4.5%, or $40K, measured from the previous advertised asking price to the current one on each listing.
How long are Narre Warren South listings on the market before the price drops?
A median of 45 days from when the listing first appeared to its latest price cut, across 40 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.