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Price drops in Narre Warren

Listings for sale in Narre Warren, 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

55

50% of 109 live listings

Median cut

3.7%

$30K off the asking price

Days listed before cut

48

median, first listed to latest cut

Cuts, last 30 / 90 days

45 / 52

6 listings have raised instead

Narre Warren price-drop summary

55 listings in Narre Warren (50% of the 109 on the market) are advertised below an earlier asking price. The typical reduction is 3.7%, about $30K. House listings account for 48 of them, with a median cut of 3.8%. Going the other way, 6 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House483.8%
Apartment44.9%
Townhouse33.3%

Largest current cuts in Narre Warren

The 30 biggest of 55, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
41 Valley Fair Drive$1,292,500$1,150,000-11.0%3 bed House
9 Sanctuary Rise$759,000$680,000-10.4%3 bed House
11 Sanctuary Rise$759,000$680,000-10.4%3 bed House
1 Peter Court$1,100,000$1,000,000-9.1%5 bed House
20 Hanley Street$950,000$869,000-8.5%5 bed House
76 Victoria Road$1,200,000$1,100,000-8.3%5 bed House
5/6 Sylvanwood Crescent$720,000$660,000-8.3%3 bed Apartment
3 Fleetwood Drive$990,000$920,000-7.1%5 bed House
11 Woodlands Crescent$935,000$878,000-6.1%4 bed House
12 Cameo Court$935,000$880,000-5.9%4 bed House
11 Kendall drive$919,000$865,000-5.9%3 bed House
2 Don Juan Court$880,000$830,000-5.7%3 bed House
4/11-13 Palmer Drive$699,000$660,000-5.6%3 bed Apartment
60 Browtop Road$990,000$935,000-5.6%4 bed House
68 Sweeney Drive$720,000$680,000-5.6%3 bed House
46 Kent Road$758,000$718,000-5.3%3 bed House
50 Avisha Way$880,000$835,000-5.1%4 bed House
17 Cloverset Avenue$840,000$800,000-4.8%3 bed House
8 Schuler Court$880,000$840,000-4.5%4 bed House
2 Birchfield Court$1,150,000$1,100,000-4.3%5 bed House
7 Springwood Avenue$920,000$880,000-4.3%3 bed House
1/29 Amber Crescent$710,000$680,000-4.2%3 bed Apartment
1 Maldon Court$730,000$700,000-4.1%3 bed House
2 Evelyn Court$770,000$740,000-3.9%3 bed House
7 Onyx Court$749,000$720,000-3.9%4 bed House
1 Hansen Court$858,000$825,000-3.8%3 bed House
6 Felicity Court$869,000$836,000-3.8%3 bed House
76 Sweeney Drive$779,000$750,000-3.7%4 bed House
11 Clarinda Drive$880,000$849,000-3.5%4 bed House
23 Upton Crescent$715,000$690,000-3.5%4 bed House

Suburb profile

Narre Warren market data

Median prices, rents, growth and vacancy for Narre Warren.

Sold prices

Recent sales in Narre Warren

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: common questions

How many properties in Narre Warren have had a price drop?

55 listings for sale in Narre Warren VIC 3805 are currently advertised below an earlier asking price, 50% of the 109 listings on the market. 45 of those cuts were recorded in the last 30 days and 52 in the last 90.

How much are Narre Warren sellers cutting their prices by?

The median cut is 3.7%, or $30K, measured from the previous advertised asking price to the current one on each listing.

How long are Narre Warren listings on the market before the price drops?

A median of 48 days from when the listing first appeared to its latest price cut, across 55 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.