Price drops in Port Melbourne
Listings for sale in Port Melbourne, VIC 3207 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
54
49% of 111 live listings
Median cut
4.8%
$55K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
44 / 49
5 listings have raised instead
Port Melbourne price-drop summary
54 listings in Port Melbourne (49% of the 111 on the market) are advertised below an earlier asking price. The typical reduction is 4.8%, about $55K. Apartment listings account for 29 of them, with a median cut of 4.6%. Going the other way, 5 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 29 | 4.6% |
| House | 17 | 5.6% |
| Townhouse | 8 | 5.4% |
Largest current cuts in Port Melbourne
The 30 biggest of 54, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 303/159 Beach Street | $1,350,000 | $1,150,000 | -14.8% | 2 bed Apartment | |
| The Penthouse/103 Beach Street | $8,800,000 | $7,500,000 | -14.8% | 3 bed Apartment | |
| 108A Clark Street | $1,475,000 | $1,295,000 | -12.2% | 3 bed House | |
| 302/103 Beach Street | $6,250,000 | $5,500,000 | -12.0% | 3 bed Apartment | |
| 102/103 Beach Street | $4,500,000 | $4,000,000 | -11.1% | 3 bed Apartment | |
| 154 Station Street | $3,150,000 | $2,800,000 | -11.1% | 3 bed House | |
| 160 Nott Street | $1,850,000 | $1,650,000 | -10.8% | 3 bed House | |
| 27 Lalor Street | $2,090,000 | $1,900,000 | -9.1% | 3 bed House | |
| 308/216 Rouse Street | $660,000 | $600,000 | -9.1% | 2 bed Apartment | |
| 94A Nott Street | $2,950,000 | $2,700,000 | -8.5% | 3 bed House | |
| 245 The Boulevard | $2,400,000 | $2,200,000 | -8.3% | 3 bed House | |
| 538 Williamstown Road | $1,800,000 | $1,650,000 | -8.3% | 3 bed Townhouse | |
| 11 Sunlight Road | $1,400,000 | $1,290,000 | -7.9% | 4 bed Townhouse | |
| 406/155 Beach Street | $2,550,000 | $2,350,000 | -7.8% | 3 bed Apartment | |
| 39 The Crescent | $2,035,000 | $1,880,000 | -7.6% | 3 bed House | |
| 1 Sunlight Road | $1,350,000 | $1,250,000 | -7.4% | 3 bed Townhouse | |
| 173 Williamstown Road | $1,455,000 | $1,350,000 | -7.2% | 3 bed Townhouse | |
| 30 Blueprint Circuit | $1,650,000 | $1,540,000 | -6.7% | 3 bed House | |
| 910/3 Tarver Street | $825,000 | $770,000 | -6.7% | 2 bed Apartment | |
| 302/159 Beach Street | $1,170,000 | $1,095,000 | -6.4% | 2 bed Apartment | |
| 330/70 Nott Street | $760,000 | $715,000 | -5.9% | 2 bed Apartment | |
| 203/187-195 Graham Street | $620,000 | $585,000 | -5.6% | 1 bed Apartment | |
| 85 Dunstan Parade | $1,430,000 | $1,350,000 | -5.6% | 3 bed House | |
| 307/232-242 Rouse Street | $460,000 | $435,000 | -5.4% | 1 bed Apartment | |
| 99 Clark Street | $1,850,000 | $1,750,000 | -5.4% | 3 bed House | |
| 101/65 Beach Street | $1,625,000 | $1,540,000 | -5.2% | 3 bed Apartment | |
| 6/72 Derham Street | $1,200,000 | $1,140,000 | -5.0% | 3 bed Apartment | |
| 525/70 Nott Street | $639,000 | $609,000 | -4.7% | 2 bed Apartment | |
| 71/95 Rouse Street | $1,300,000 | $1,240,000 | -4.6% | 2 bed Apartment | |
| 407/115 Nott Street | $880,000 | $840,000 | -4.5% | 2 bed Apartment |
Suburb profile
Port Melbourne market data
Median prices, rents, growth and vacancy for Port Melbourne.
Sold prices
Recent sales in Port Melbourne
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 Port Melbourne: common questions
How many properties in Port Melbourne have had a price drop?
54 listings for sale in Port Melbourne VIC 3207 are currently advertised below an earlier asking price, 49% of the 111 listings on the market. 44 of those cuts were recorded in the last 30 days and 49 in the last 90.
How much are Port Melbourne sellers cutting their prices by?
The median cut is 4.8%, or $55K, measured from the previous advertised asking price to the current one on each listing.
How long are Port Melbourne 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 54 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.