Price drops in Parkville
Listings for sale in Parkville, VIC 3052 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
10
30% of 33 live listings
Median cut
4.4%
$28K off the asking price
Days listed before cut
69
median, first listed to latest cut
Cuts, last 30 / 90 days
8 / 10
1 listing has raised instead
Parkville price-drop summary
10 listings in Parkville (30% of the 33 on the market) are advertised below an earlier asking price. The typical reduction is 4.4%, about $28K. Apartment listings account for 8 of them, with a median cut of 5.1%. Going the other way, 1 listing has raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 8 | 5.1% |
| House | 2 | 1.9% |
Largest current cuts in Parkville
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1/10-12 Lennon Street | $324,000 | $294,000 | -9.3% | 1 bed Apartment | |
| 1207/91 Galada Avenue | $360,000 | $330,000 | -8.3% | 1 bed Apartment | |
| 510/91 Galada Avenue | $350,000 | $330,000 | -5.7% | 1 bed Apartment | |
| 302/459 Royal Parade | $750,000 | $710,000 | -5.3% | 2 bed Apartment | |
| 417/91 Galada Avenue | $520,000 | $495,000 | -4.8% | 2 bed Apartment | |
| 302/51 Galada Avenue | $425,000 | $408,000 | -4.0% | 1 bed Apartment | |
| 101/80 Cade Way | $555,000 | $535,000 | -3.6% | 2 bed Apartment | |
| 606/91 Galada Avenue | $460,000 | $448,000 | -2.6% | 2 bed Apartment | |
| 176 Gatehouse Street | $2,300,000 | $2,250,000 | -2.2% | 5 bed House | |
| 105 Parkville Avenue | $1,880,000 | $1,850,000 | -1.6% | 5 bed House |
Suburb profile
Parkville market data
Median prices, rents, growth and vacancy for Parkville.
Sold prices
Recent sales in Parkville
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 Parkville: common questions
How many properties in Parkville have had a price drop?
10 listings for sale in Parkville VIC 3052 are currently advertised below an earlier asking price, 30% of the 33 listings on the market. 8 of those cuts were recorded in the last 30 days and 10 in the last 90.
How much are Parkville sellers cutting their prices by?
The median cut is 4.4%, or $28K, measured from the previous advertised asking price to the current one on each listing.
How long are Parkville listings on the market before the price drops?
A median of 69 days from when the listing first appeared to its latest price cut, across 10 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.