Price drops in Norlane
Listings for sale in Norlane, VIC 3214 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
21
45% of 47 live listings
Median cut
4.8%
$26K off the asking price
Days listed before cut
59
median, first listed to latest cut
Cuts, last 30 / 90 days
16 / 20
4 listings have raised instead
Norlane price-drop summary
21 listings in Norlane (45% of the 47 on the market) are advertised below an earlier asking price. The typical reduction is 4.8%, about $26K. House listings account for 19 of them, with a median cut of 4.8%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 19 | 4.8% |
| Apartment | 1 | 4.8% |
| Townhouse | 1 | 1.8% |
Largest current cuts in Norlane
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 24 Falcon Street | $680,000 | $599,000 | -11.9% | 3 bed House | |
| 12 Jamina Court | $649,000 | $580,000 | -10.6% | 4 bed House | |
| 48 Rose Avenue | $629,000 | $570,000 | -9.4% | 2 bed House | |
| 54 Curlew Crescent | $540,000 | $490,000 | -9.3% | 3 bed House | |
| 4 Shannahan Drive | $850,000 | $789,000 | -7.2% | 4 bed House | |
| 6 Dove Street | $550,000 | $515,000 | -6.4% | 3 bed House | |
| 38 Ulladulla Street | $550,000 | $520,000 | -5.5% | 2 bed House | |
| 567 Thompson Road | $580,000 | $550,000 | -5.2% | 2 bed House | |
| 48 Brooks Street | $506,000 | $480,000 | -5.1% | 3 bed House | |
| 1 /135 Cox Road | $460,000 | $438,000 | -4.8% | 2 bed Apartment | |
| 17 Moran Place | $629,000 | $599,000 | -4.8% | 3 bed House | |
| 51 St Georges Road | $595,000 | $569,000 | -4.4% | 3 bed House | |
| 121 Princes Highway | $418,000 | $405,000 | -3.1% | 3 bed House | |
| 63 Olympic Avenue | $720,000 | $699,000 | -2.9% | 3 bed House | |
| 42 Dunloe Avenue | $580,000 | $565,000 | -2.6% | 2 bed House | |
| 71 St Georges Road | $645,000 | $629,000 | -2.5% | 4 bed House | |
| 1A Cobargo Court | $509,000 | $499,000 | -2.0% | 2 bed House | |
| 2/32 Spruhan Avenue | $560,000 | $550,000 | -1.8% | 3 bed Townhouse | |
| 61 Sparks Road | $650,000 | $639,000 | -1.7% | 3 bed House | |
| 35 Cox Road | $500,000 | $498,000 | -0.4% | 3 bed House | |
| 14 Waitara Grove | $550,000 | $548,000 | -0.4% | 3 bed House |
Suburb profile
Norlane market data
Median prices, rents, growth and vacancy for Norlane.
Sold prices
Recent sales in Norlane
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 Norlane: common questions
How many properties in Norlane have had a price drop?
21 listings for sale in Norlane VIC 3214 are currently advertised below an earlier asking price, 45% of the 47 listings on the market. 16 of those cuts were recorded in the last 30 days and 20 in the last 90.
How much are Norlane sellers cutting their prices by?
The median cut is 4.8%, or $26K, measured from the previous advertised asking price to the current one on each listing.
How long are Norlane listings on the market before the price drops?
A median of 59 days from when the listing first appeared to its latest price cut, across 21 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.