Price drops in Prahran
Listings for sale in Prahran, VIC 3181 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
22
24% of 92 live listings
Median cut
5.3%
$33K off the asking price
Days listed before cut
78
median, first listed to latest cut
Cuts, last 30 / 90 days
15 / 20
7 listings have raised instead
Prahran price-drop summary
22 listings in Prahran (24% of the 92 on the market) are advertised below an earlier asking price. The typical reduction is 5.3%, about $33K. Apartment listings account for 16 of them, with a median cut of 4.3%. Going the other way, 7 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 16 | 4.3% |
| House | 6 | 6.4% |
Largest current cuts in Prahran
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 13 Fern Avenue | $1,250,000 | $1,125,000 | -10.0% | 2 bed House | |
| 8 Errol Street | $1,980,000 | $1,800,000 | -9.1% | 3 bed House | |
| 211/10 Hillingdon Place | $690,000 | $629,000 | -8.8% | 2 bed Apartment | |
| 111/32-34 St Edmonds Road | $140,000 | $128,000 | -8.6% | 1 bed Apartment | |
| 4/321 Dandenong Road | $1,250,000 | $1,150,000 | -8.0% | 2 bed Apartment | |
| 1/8 Princes Close | $715,000 | $660,000 | -7.7% | 2 bed Apartment | |
| 416/42 Porter Street | $200,000 | $185,000 | -7.5% | 1 bed Apartment | |
| 9/42 Porter Street | $150,000 | $140,000 | -6.7% | 1 bed Apartment | |
| 29 York Street | $2,200,000 | $2,055,000 | -6.6% | 2 bed House | |
| 62/321-323 Chapel Street | $725,000 | $680,000 | -6.2% | 2 bed Apartment | |
| 99 Williams Road | $2,450,000 | $2,300,000 | -6.1% | 4 bed House | |
| 23/11 Mount Street | $1,015,000 | $970,000 | -4.4% | 3 bed Apartment | |
| 901/58 Porter Street | $2,750,000 | $2,635,000 | -4.2% | 3 bed Apartment | |
| 102/47 Porter Street | $605,000 | $580,000 | -4.1% | 2 bed Apartment | |
| 8/26 Clifton Street | $550,000 | $530,000 | -3.6% | 2 bed Apartment | |
| 24 Florence Street | $1,250,000 | $1,210,000 | -3.2% | 3 bed House | |
| 28/20 St Edmonds Road | $660,000 | $640,000 | -3.0% | 2 bed Apartment | |
| 406/7 Carlton Street | $700,000 | $685,000 | -2.1% | 2 bed Apartment | |
| 504/25 Clifton Street | $519,000 | $509,000 | -1.9% | 2 bed Apartment | |
| 4/24 Grandview Grove | $530,000 | $525,000 | -0.9% | 1 bed Apartment | |
| 27-29 Wrights Terrace | $4,800,000 | $4,790,000 | -0.2% | 3 bed House | |
| 14/17-19 The Avenue | $610,000 | $609,000 | -0.2% | 2 bed Apartment |
Suburb profile
Prahran market data
Median prices, rents, growth and vacancy for Prahran.
Sold prices
Recent sales in Prahran
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 Prahran: common questions
How many properties in Prahran have had a price drop?
22 listings for sale in Prahran VIC 3181 are currently advertised below an earlier asking price, 24% of the 92 listings on the market. 15 of those cuts were recorded in the last 30 days and 20 in the last 90.
How much are Prahran sellers cutting their prices by?
The median cut is 5.3%, or $33K, measured from the previous advertised asking price to the current one on each listing.
How long are Prahran listings on the market before the price drops?
A median of 78 days from when the listing first appeared to its latest price cut, across 22 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.