Price drops in North Melbourne
Listings for sale in North Melbourne, VIC 3051 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
29
29% of 99 live listings
Median cut
4.5%
$40K off the asking price
Days listed before cut
93
median, first listed to latest cut
Cuts, last 30 / 90 days
16 / 23
2 listings have raised instead
North Melbourne price-drop summary
29 listings in North Melbourne (29% of the 99 on the market) are advertised below an earlier asking price. The typical reduction is 4.5%, about $40K. Apartment listings account for 22 of them, with a median cut of 4.2%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 22 | 4.2% |
| House | 4 | 5.6% |
| Townhouse | 3 | 10.0% |
Largest current cuts in North Melbourne
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 39 Little Provost Street | $1,290,000 | $1,130,000 | -12.4% | 3 bed Townhouse | |
| 405/93 flemington road | $580,000 | $510,000 | -12.1% | 2 bed Apartment | |
| 10/99-101 Leveson Street | $1,100,000 | $990,000 | -10.0% | 3 bed Townhouse | |
| 1203/83 Flemington Road | $1,200,000 | $1,100,000 | -8.3% | 3 bed Apartment | |
| 107 Chapman Street | $1,060,000 | $980,000 | -7.5% | 2 bed House | |
| 309/108 Haines Street | $540,000 | $500,000 | -7.4% | 2 bed Apartment | |
| 106/16-22 Cobden Street | $950,000 | $880,000 | -7.4% | 2 bed Apartment | |
| 309/68 Leveson Street | $700,000 | $650,000 | -7.1% | 2 bed Apartment | |
| 34 Baillie Street | $700,000 | $650,000 | -7.1% | 2 bed House | |
| 1105/93 Flemington Road | $753,500 | $700,000 | -7.1% | 2 bed Apartment | |
| 70C Chapman Street | $2,850,000 | $2,650,000 | -7.0% | 4 bed Townhouse | |
| 1/55 Haines Street | $590,000 | $550,000 | -6.8% | 2 bed Apartment | |
| 204/22 Courtney Street | $850,000 | $795,000 | -6.5% | 2 bed Apartment | |
| 17/80 O'Shanassy Street | $560,000 | $535,000 | -4.5% | 2 bed Apartment | |
| 136/23 Blackwood Street | $560,000 | $535,000 | -4.5% | 2 bed Apartment | |
| G7/35 Arden Street | $470,000 | $450,000 | -4.3% | 1 bed Apartment | |
| 908/83 Flemington Road | $365,000 | $350,000 | -4.1% | 1 bed Apartment | |
| 2 Shiel Street | $990,000 | $950,000 | -4.0% | 4 bed House | |
| 303/83 Flemington Road | $450,000 | $433,000 | -3.8% | 2 bed Apartment | |
| 217/68 Leveson Street | $550,000 | $530,000 | -3.6% | 1 bed Apartment | |
| 377 Dryburgh Street | $1,650,000 | $1,595,000 | -3.3% | 3 bed House | |
| 302/139 Chetwynd Street | $648,000 | $628,000 | -3.1% | 2 bed Apartment | |
| 701/83 Flemington Road | $330,000 | $320,000 | -3.0% | 1 bed Apartment | |
| 121/11 High Street | $165,000 | $160,000 | -3.0% | 1 bed Apartment | |
| 816/55 Villiers Street | $174,000 | $169,000 | -2.9% | 1 bed Apartment | |
| 102/1 Shiel Street | $849,000 | $825,000 | -2.8% | 3 bed Apartment | |
| 2/48 Curran Street | $365,000 | $355,000 | -2.7% | 1 bed Apartment | |
| 813/83 Sutton Street | $850,000 | $830,000 | -2.4% | 2 bed Apartment | |
| 906/69 Flemington Road | $800,000 | $790,000 | -1.3% | 3 bed Apartment |
Suburb profile
North Melbourne market data
Median prices, rents, growth and vacancy for North Melbourne.
Sold prices
Recent sales in North Melbourne
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 North Melbourne: common questions
How many properties in North Melbourne have had a price drop?
29 listings for sale in North Melbourne VIC 3051 are currently advertised below an earlier asking price, 29% of the 99 listings on the market. 16 of those cuts were recorded in the last 30 days and 23 in the last 90.
How much are North Melbourne 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 North Melbourne listings on the market before the price drops?
A median of 93 days from when the listing first appeared to its latest price cut, across 29 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.