Price drops in Newport
Listings for sale in Newport, VIC 3015 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
24
39% of 62 live listings
Median cut
4.0%
$50K off the asking price
Days listed before cut
55
median, first listed to latest cut
Cuts, last 30 / 90 days
22 / 23
5 listings have raised instead
Newport price-drop summary
24 listings in Newport (39% of the 62 on the market) are advertised below an earlier asking price. The typical reduction is 4.0%, about $50K. House listings account for 16 of them, with a median cut of 4.2%. Going the other way, 5 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 16 | 4.2% |
| Townhouse | 6 | 3.3% |
| Apartment | 2 | 4.2% |
Largest current cuts in Newport
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 177 Mason Street | $2,100,000 | $1,800,000 | -14.3% | 3 bed House | |
| 26 Junction Street | $2,200,000 | $2,000,000 | -9.1% | 5 bed House | |
| 1/3 Johnston Street | $1,045,000 | $950,000 | -9.1% | 3 bed Townhouse | |
| 64 Bunbury Street | $935,000 | $850,000 | -9.1% | 2 bed House | |
| 4 Lloyd Street | $1,250,000 | $1,150,000 | -8.0% | 3 bed House | |
| 305 Melbourne Road | $1,160,000 | $1,075,000 | -7.3% | 3 bed House | |
| 14/42-44 Percy Street | $350,000 | $325,000 | -7.1% | 1 bed Apartment | |
| 79 Ford Street | $1,600,000 | $1,495,000 | -6.6% | 4 bed House | |
| 2/23 Laurie Street | $950,000 | $900,000 | -5.3% | 3 bed Townhouse | |
| 1 Berty Street | $1,150,000 | $1,090,000 | -5.2% | 3 bed House | |
| 31 Carmen Street | $1,150,000 | $1,100,000 | -4.3% | 4 bed House | |
| 9 Holland Court | $1,250,000 | $1,200,000 | -4.0% | 2 bed House | |
| 3/1 Johnston Street | $1,250,000 | $1,200,000 | -4.0% | 4 bed Townhouse | |
| 13 Hobson Street | $1,300,000 | $1,250,000 | -3.8% | 4 bed House | |
| 22 Salisbury Street | $1,090,000 | $1,050,000 | -3.7% | 3 bed House | |
| 17 Bunbury Street | $1,600,000 | $1,550,000 | -3.1% | 4 bed House | |
| 7 Steele Street | $1,125,000 | $1,090,000 | -3.1% | 4 bed House | |
| 7/124-136 Mason Street | $780,000 | $759,000 | -2.7% | 3 bed Townhouse | |
| 1/229 Woods Street | $750,000 | $730,000 | -2.7% | 2 bed Townhouse | |
| 37 Gordon Street | $1,400,000 | $1,380,000 | -1.4% | 5 bed House | |
| 1/119 Blackshaws Road | $860,000 | $850,000 | -1.2% | 3 bed Apartment | |
| 59B Blackshaws Road | $1,350,000 | $1,340,000 | -0.7% | 5 bed Townhouse | |
| 12 Charlotte street | $1,500,000 | $1,490,000 | -0.7% | 4 bed House | |
| 22 Latrobe Street | $1,350,000 | $1,349,900 | -0.0% | 3 bed House |
Suburb profile
Newport market data
Median prices, rents, growth and vacancy for Newport.
Sold prices
Recent sales in Newport
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 Newport: common questions
How many properties in Newport have had a price drop?
24 listings for sale in Newport VIC 3015 are currently advertised below an earlier asking price, 39% of the 62 listings on the market. 22 of those cuts were recorded in the last 30 days and 23 in the last 90.
How much are Newport sellers cutting their prices by?
The median cut is 4.0%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are Newport listings on the market before the price drops?
A median of 55 days from when the listing first appeared to its latest price cut, across 24 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.