Price drops in Pakenham
Listings for sale in Pakenham, VIC 3810 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
115
42% of 276 live listings
Median cut
3.7%
$30K off the asking price
Days listed before cut
53
median, first listed to latest cut
Cuts, last 30 / 90 days
90 / 104
7 listings have raised instead
Pakenham price-drop summary
115 listings in Pakenham (42% of the 276 on the market) are advertised below an earlier asking price. The typical reduction is 3.7%, about $30K. House listings account for 102 of them, with a median cut of 3.7%. Going the other way, 7 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 102 | 3.7% |
| Apartment | 7 | 2.7% |
| Acreage | 3 | 11.5% |
| Townhouse | 3 | 4.0% |
Largest current cuts in Pakenham
The 30 biggest of 115, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 70 Norris Road | $3,245,000 | $2,800,000 | -13.7% | 4 bed Acreage | |
| 122 Pakenham Road | $800,000 | $700,000 | -12.5% | 4 bed House | |
| 30 Everly Circuit | $1,060,000 | $929,000 | -12.4% | 4 bed House | |
| 4 Wisteria Court | $860,000 | $760,000 | -11.6% | 4 bed House | |
| 285 Pakenham Road | $2,600,000 | $2,300,000 | -11.5% | 5 bed Acreage | |
| 29 Park Boulevard | $835,000 | $745,000 | -10.8% | 4 bed House | |
| 11 Glover Close | $1,155,000 | $1,045,000 | -9.5% | 4 bed House | |
| 14 Audley Street | $1,150,000 | $1,045,000 | -9.1% | 4 bed House | |
| 83 Melissa Way | $715,000 | $660,000 | -7.7% | 3 bed House | |
| 8 Aurora Court | $949,000 | $878,000 | -7.5% | 4 bed House | |
| 20 Deveney St | $699,000 | $650,000 | -7.0% | 4 bed House | |
| 8 Guest Road | $910,000 | $847,000 | -6.9% | 5 bed House | |
| 144 Ahern Road | $1,650,000 | $1,540,000 | -6.7% | 5 bed House | |
| 47 Mackellar Street | $1,350,000 | $1,260,000 | -6.7% | 5 bed House | |
| 17 Juliet Gardens | $920,000 | $860,000 | -6.5% | 4 bed House | |
| 5 Eddie Barron Terrace | $940,000 | $880,000 | -6.4% | 4 bed House | |
| 22 Central Avenue | $710,000 | $665,000 | -6.3% | 3 bed House | |
| 4 Leightons Green | $715,000 | $670,000 | -6.3% | 4 bed House | |
| 29 Storey Drive | $795,000 | $745,000 | -6.3% | 4 bed House | |
| 16 Caspian Chase | $820,000 | $769,999 | -6.1% | 4 bed House | |
| 5 Isaac Court | $820,000 | $770,000 | -6.1% | 3 bed House | |
| 14 Reidel Avenue | $820,000 | $770,000 | -6.1% | 3 bed House | |
| 11 Quinella Way | $649,000 | $610,000 | -6.0% | 3 bed House | |
| 2/17 Cameron Way | $585,000 | $550,000 | -6.0% | 2 bed Apartment | |
| 14 Worthington Boulevard | $999,000 | $940,000 | -5.9% | 4 bed House | |
| 47 Greendale Boulevard | $849,000 | $799,000 | -5.9% | 4 bed House | |
| 18 Ashford Drive | $1,275,000 | $1,200,000 | -5.9% | 5 bed House | |
| 3 Rockford Street | $870,000 | $820,000 | -5.7% | 4 bed House | |
| 3 Britton Drive | $847,000 | $799,000 | -5.7% | 3 bed House | |
| 15 Deed Drive | $715,000 | $675,000 | -5.6% | 3 bed House |
Suburb profile
Pakenham market data
Median prices, rents, growth and vacancy for Pakenham.
Sold prices
Recent sales in Pakenham
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 Pakenham: common questions
How many properties in Pakenham have had a price drop?
115 listings for sale in Pakenham VIC 3810 are currently advertised below an earlier asking price, 42% of the 276 listings on the market. 90 of those cuts were recorded in the last 30 days and 104 in the last 90.
How much are Pakenham sellers cutting their prices by?
The median cut is 3.7%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Pakenham listings on the market before the price drops?
A median of 53 days from when the listing first appeared to its latest price cut, across 115 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.