Price drops in Oak Park
Listings for sale in Oak Park, VIC 3046 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
8
25% of 32 live listings
Median cut
3.6%
$33K off the asking price
Days listed before cut
84
median, first listed to latest cut
Cuts, last 30 / 90 days
6 / 7
2 listings have raised instead
Oak Park price-drop summary
8 listings in Oak Park (25% of the 32 on the market) are advertised below an earlier asking price. The typical reduction is 3.6%, about $33K. Townhouse listings account for 4 of them, with a median cut of 2.5%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Townhouse | 4 | 2.5% |
| House | 3 | 4.5% |
| Apartment | 1 | 11.6% |
Largest current cuts in Oak Park
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 2/152 Waterloo Road | $820,000 | $725,000 | -11.6% | 3 bed Apartment | |
| 95 New Road | $1,800,000 | $1,650,000 | -8.3% | 4 bed House | |
| 35 Bailey Crescent | $765,000 | $725,000 | -5.2% | 3 bed Townhouse | |
| 692 Pascoe Vale Road | $1,100,000 | $1,050,000 | -4.5% | 4 bed House | |
| 6/166 Waterloo Road | $550,000 | $535,000 | -2.7% | 2 bed Townhouse | |
| 4/50 Watt Avenue | $1,125,000 | $1,100,000 | -2.2% | 4 bed Townhouse | |
| 38A Summit Avenue | $1,270,000 | $1,250,000 | -1.6% | 4 bed House | |
| 3/8 John Street | $655,000 | $650,000 | -0.8% | 2 bed Townhouse |
Suburb profile
Oak Park market data
Median prices, rents, growth and vacancy for Oak Park.
Sold prices
Recent sales in Oak Park
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 Oak Park: common questions
How many properties in Oak Park have had a price drop?
8 listings for sale in Oak Park VIC 3046 are currently advertised below an earlier asking price, 25% of the 32 listings on the market. 6 of those cuts were recorded in the last 30 days and 7 in the last 90.
How much are Oak Park sellers cutting their prices by?
The median cut is 3.6%, or $33K, measured from the previous advertised asking price to the current one on each listing.
How long are Oak Park listings on the market before the price drops?
A median of 84 days from when the listing first appeared to its latest price cut, across 8 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.