Price drops in Ormond
Listings for sale in Ormond, VIC 3204 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
15
45% of 33 live listings
Median cut
4.2%
$50K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
7 / 12
2 listings have raised instead
Ormond price-drop summary
15 listings in Ormond (45% of the 33 on the market) are advertised below an earlier asking price. The typical reduction is 4.2%, about $50K. Apartment listings account for 8 of them, with a median cut of 3.7%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 8 | 3.7% |
| Townhouse | 4 | 5.5% |
| House | 2 | 4.5% |
| Villa | 1 | 0.1% |
Largest current cuts in Ormond
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1/36 Cadby Avenue | $1,150,000 | $1,050,000 | -8.7% | 3 bed Apartment | |
| 104/265 Grange Road | $594,000 | $550,000 | -7.4% | 2 bed Apartment | |
| 207/538 North Road | $410,000 | $380,000 | -7.3% | 1 bed Apartment | |
| 109A Leila Road | $2,100,000 | $1,980,000 | -5.7% | 4 bed Townhouse | |
| 1/44 Walnut Street | $2,100,000 | $1,980,000 | -5.7% | 4 bed Townhouse | |
| 5/28 Katandra Road | $950,000 | $900,000 | -5.3% | 3 bed Townhouse | |
| 321 Jasper Road | $1,450,000 | $1,380,000 | -4.8% | 4 bed House | |
| 738 North Road | $1,200,000 | $1,150,000 | -4.2% | 2 bed House | |
| 1A Leinster Street | $1,460,000 | $1,400,000 | -4.1% | 3 bed Apartment | |
| 105/2 Ulupna Road | $620,000 | $600,000 | -3.2% | 2 bed Apartment | |
| 5A O'Loughlan St | $2,150,000 | $2,090,000 | -2.8% | 4 bed Apartment | |
| 202/437 North Road | $460,000 | $450,000 | -2.2% | 2 bed Apartment | |
| 8B Walnut Street | $1,920,000 | $1,880,000 | -2.1% | 4 bed Townhouse | |
| 1/25 Wheeler Street | $1,289,000 | $1,275,000 | -1.1% | 3 bed Apartment | |
| 3/6 Ulupna Rd | $984,500 | $984,000 | -0.1% | 2 bed Villa |
Suburb profile
Ormond market data
Median prices, rents, growth and vacancy for Ormond.
Sold prices
Recent sales in Ormond
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 Ormond: common questions
How many properties in Ormond have had a price drop?
15 listings for sale in Ormond VIC 3204 are currently advertised below an earlier asking price, 45% of the 33 listings on the market. 7 of those cuts were recorded in the last 30 days and 12 in the last 90.
How much are Ormond sellers cutting their prices by?
The median cut is 4.2%, or $50K, measured from the previous advertised asking price to the current one on each listing.
How long are Ormond 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 15 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.