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Price drops in Officer

Listings for sale in Officer, VIC 3809 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

52

30% of 172 live listings

Median cut

4.2%

$38K off the asking price

Days listed before cut

60

median, first listed to latest cut

Cuts, last 30 / 90 days

38 / 51

5 listings have raised instead

Officer price-drop summary

52 listings in Officer (30% of the 172 on the market) are advertised below an earlier asking price. The typical reduction is 4.2%, about $38K. House listings account for 43 of them, with a median cut of 4.4%. Going the other way, 5 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House434.4%
Retirement44.2%
Townhouse41.9%
Apartment11.8%

Largest current cuts in Officer

The 30 biggest of 52, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
35 Bridge Road$1,200,000$900,000-25.0%4 bed House
635 Brown Road$2,035,000$1,825,000-10.3%5 bed House
124/114 Rix Road$499,000$450,000-9.8%2 bed Retirement
15 ELOISE CIRCUIT$690,000$630,000-8.7%3 bed House
7 Millicent Parade$869,000$799,000-8.1%4 bed House
23 Berringarra Road$810,000$749,000-7.5%4 bed House
93 Pioneer Way$949,000$879,000-7.4%4 bed House
13 Saltmarsh Road$1,099,000$1,020,000-7.2%5 bed House
16 Everlasting Road$1,150,000$1,070,000-7.0%4 bed House
53 Peterson Rd$1,495,000$1,400,000-6.4%5 bed House
14 Enright Road$790,000$740,000-6.3%3 bed House
27 Flaxlilly Crescent$720,000$675,000-6.3%4 bed Townhouse
5 Vita Place$770,000$726,000-5.7%4 bed House
14 Heathcote Grove$720,000$679,000-5.7%3 bed House
15 Avondale Street$1,375,000$1,300,000-5.5%5 bed House
20 Peridot Avenue$845,000$799,000-5.4%5 bed House
7 Wateribbon Road$1,200,000$1,135,000-5.4%5 bed House
10 Clendon Drive$975,000$925,000-5.1%3 bed House
22 Millicent Parade$859,000$815,000-5.1%4 bed House
51/114 Rix Road$510,000$485,000-4.9%2 bed Retirement
23 Chiswick Street$1,250,000$1,190,000-4.8%5 bed House
39 Cherrington Avenue$835,000$795,000-4.8%4 bed House
26 Riverly Grove$750,000$715,000-4.7%3 bed House
4 Chesney Rise$770,000$735,000-4.5%4 bed House
8 Brownfield Drive$795,000$760,000-4.4%4 bed House
lot 764 Bauera Road$699,900$670,000-4.3%4 bed House
24 Oakrind Rise$1,420,000$1,360,000-4.2%4 bed House
24 Lavender Rd$1,240,000$1,190,000-4.0%5 bed House
61 Timbertop Boulevard$1,020,000$979,000-4.0%4 bed House
67 Horvath Boulevard$1,250,000$1,199,900-4.0%5 bed House

Suburb profile

Officer market data

Median prices, rents, growth and vacancy for Officer.

Sold prices

Recent sales in Officer

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 Officer: common questions

How many properties in Officer have had a price drop?

52 listings for sale in Officer VIC 3809 are currently advertised below an earlier asking price, 30% of the 172 listings on the market. 38 of those cuts were recorded in the last 30 days and 51 in the last 90.

How much are Officer sellers cutting their prices by?

The median cut is 4.2%, or $38K, measured from the previous advertised asking price to the current one on each listing.

How long are Officer listings on the market before the price drops?

A median of 60 days from when the listing first appeared to its latest price cut, across 52 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.