Price drops in Ocean Grove
Listings for sale in Ocean Grove, VIC 3226 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
94
41% of 227 live listings
Median cut
5.2%
$55K off the asking price
Days listed before cut
90
median, first listed to latest cut
Cuts, last 30 / 90 days
48 / 76
4 listings have raised instead
Ocean Grove price-drop summary
94 listings in Ocean Grove (41% of the 227 on the market) are advertised below an earlier asking price. The typical reduction is 5.2%, about $55K. House listings account for 70 of them, with a median cut of 5.1%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 70 | 5.1% |
| Apartment | 13 | 5.4% |
| Townhouse | 9 | 6.1% |
| Other | 2 | 16.0% |
Largest current cuts in Ocean Grove
The 30 biggest of 94, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 15 Ocean Grand Drive | $810,000 | $510,000 | -37.0% | 4 bed House | |
| 025/177 Bonnyvale Road | $85,000 | $70,000 | -17.6% | 2 bed | |
| 119A The Terrace | $3,575,000 | $2,950,000 | -17.5% | 4 bed Townhouse | |
| 173/177 Bonnyvale Road | $70,000 | $60,000 | -14.3% | - | |
| 91 Aldebaran Road | $1,292,500 | $1,150,000 | -11.0% | 4 bed House | |
| 1/121 The Parade | $1,450,000 | $1,295,000 | -10.7% | 2 bed Townhouse | |
| 9A The Terrace | $2,450,000 | $2,190,000 | -10.6% | 4 bed House | |
| 5A Platypus Court | $1,550,000 | $1,395,000 | -10.0% | 4 bed House | |
| 17 Raven Close | $2,650,000 | $2,400,000 | -9.4% | 5 bed House | |
| 2/3 Petras Place | $850,000 | $770,000 | -9.4% | 3 bed Apartment | |
| 13 Bonnyvale Road | $1,200,000 | $1,095,000 | -8.8% | 4 bed House | |
| 24 Finch Close | $1,040,000 | $950,000 | -8.7% | 4 bed House | |
| 59B Orton Street | $2,350,000 | $2,150,000 | -8.5% | 4 bed House | |
| 3/69-71 The Avenue | $1,495,000 | $1,370,000 | -8.4% | 3 bed Apartment | |
| 13 Dolphin Court | $1,800,000 | $1,650,000 | -8.3% | 6 bed House | |
| 117 The Terrace | $1,950,000 | $1,790,000 | -8.2% | 9 bed House | |
| 17 Esperence Crescent | $975,000 | $895,000 | -8.2% | 4 bed House | |
| 17 Newcomb Street | $2,995,000 | $2,750,000 | -8.2% | 3 bed House | |
| 212B Thacker Street | $1,250,000 | $1,150,000 | -8.0% | 4 bed House | |
| 1/148 The Parade | $750,000 | $690,000 | -8.0% | 2 bed Townhouse | |
| 158 Dare Street | $1,700,000 | $1,565,000 | -7.9% | 3 bed House | |
| 35-37 Yellow Gum Dr | $3,800,000 | $3,500,000 | -7.9% | 4 bed House | |
| 47 Janelle Way | $1,290,000 | $1,190,000 | -7.8% | 4 bed House | |
| 83 Dare Street | $2,600,000 | $2,400,000 | -7.7% | 4 bed House | |
| 7 Mann Street | $1,350,000 | $1,250,000 | -7.4% | 4 bed House | |
| 6 Bowra Court | $1,350,000 | $1,250,000 | -7.4% | 3 bed House | |
| 1/5 Arlia Mews | $820,000 | $760,000 | -7.3% | 3 bed Apartment | |
| 145 The Avenue | $2,150,000 | $1,995,000 | -7.2% | 5 bed House | |
| 10/100 The Parade | $880,000 | $820,000 | -6.8% | 2 bed Apartment | |
| 33 Holburn Rise | $825,000 | $770,000 | -6.7% | 3 bed House |
Suburb profile
Ocean Grove market data
Median prices, rents, growth and vacancy for Ocean Grove.
Sold prices
Recent sales in Ocean Grove
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 Ocean Grove: common questions
How many properties in Ocean Grove have had a price drop?
94 listings for sale in Ocean Grove VIC 3226 are currently advertised below an earlier asking price, 41% of the 227 listings on the market. 48 of those cuts were recorded in the last 30 days and 76 in the last 90.
How much are Ocean Grove sellers cutting their prices by?
The median cut is 5.2%, or $55K, measured from the previous advertised asking price to the current one on each listing.
How long are Ocean Grove listings on the market before the price drops?
A median of 90 days from when the listing first appeared to its latest price cut, across 94 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.