Price drops in Reservoir
Listings for sale in Reservoir, VIC 3073 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
65
34% of 193 live listings
Median cut
4.3%
$40K off the asking price
Days listed before cut
45
median, first listed to latest cut
Cuts, last 30 / 90 days
52 / 58
9 listings have raised instead
Reservoir price-drop summary
65 listings in Reservoir (34% of the 193 on the market) are advertised below an earlier asking price. The typical reduction is 4.3%, about $40K. House listings account for 34 of them, with a median cut of 5.1%. Going the other way, 9 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 34 | 5.1% |
| Townhouse | 18 | 3.4% |
| Apartment | 13 | 4.8% |
Largest current cuts in Reservoir
The 30 biggest of 65, by percentage. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 40 Clingin Street | $880,000 | $750,000 | -14.8% | 4 bed Townhouse | |
| 955 High Street | $980,000 | $850,000 | -13.3% | 3 bed House | |
| 5/52 Barry Street | $627,000 | $550,000 | -12.3% | 2 bed Apartment | |
| 6/10 Seston Street | $850,000 | $750,000 | -11.8% | 3 bed Townhouse | |
| 5 Judges Court | $990,000 | $880,000 | -11.1% | 3 bed House | |
| 47 Churchill Avenue | $1,050,000 | $940,000 | -10.5% | 4 bed House | |
| 2/9 Shand Road | $795,000 | $720,000 | -9.4% | 3 bed Townhouse | |
| 1/34 Eisenhower Street | $850,000 | $770,000 | -9.4% | 3 bed Townhouse | |
| 106 Winter Crescent | $700,000 | $635,000 | -9.3% | 2 bed House | |
| 56 Blake Street | $770,000 | $700,000 | -9.1% | 3 bed Townhouse | |
| 5 RESERVOIR STREET | $1,200,000 | $1,100,000 | -8.3% | 3 bed House | |
| 30 York Street | $1,250,000 | $1,155,000 | -7.6% | 3 bed House | |
| 10 Massey Avenue | $1,890,000 | $1,750,000 | -7.4% | 4 bed House | |
| 1/129 Boldrewood Parade | $748,000 | $695,000 | -7.1% | 2 bed Apartment | |
| 11 Hopetoun Avenue | $990,000 | $920,000 | -7.1% | 3 bed House | |
| 1&2/30 Allenby Avenue | $1,300,000 | $1,210,000 | -6.9% | 4 bed House | |
| 2/7 Drysdale Street | $440,000 | $410,000 | -6.8% | 1 bed Apartment | |
| 87 Massey Avenue | $1,120,000 | $1,050,000 | -6.3% | 3 bed House | |
| 141 Cheddar Road | $810,000 | $760,000 | -6.2% | 3 bed House | |
| 13 North Road | $830,000 | $780,000 | -6.0% | 3 bed House | |
| 161 Henty Street | $1,330,000 | $1,250,000 | -6.0% | 4 bed House | |
| 5/3 Griffiths Street | $600,000 | $565,000 | -5.8% | 2 bed Apartment | |
| 6 O'Connor Street | $1,750,000 | $1,650,000 | -5.7% | 3 bed House | |
| 3/97 Purinuan Road | $700,000 | $660,000 | -5.7% | 3 bed Apartment | |
| 14 Elizabeth Court | $730,000 | $690,000 | -5.5% | 3 bed House | |
| 89 Miranda Road | $930,000 | $880,000 | -5.4% | 3 bed House | |
| 147 Broadway | $940,000 | $890,000 | -5.3% | 3 bed House | |
| 1/1 Evans Crescent | $670,000 | $635,000 | -5.2% | 2 bed Apartment | |
| 23 Borrie Street | $820,000 | $780,000 | -4.9% | 3 bed House | |
| 4/22 Dorrington Avenue | $840,000 | $800,000 | -4.8% | 3 bed Townhouse |
Suburb profile
Reservoir market data
Median prices, rents, growth and vacancy for Reservoir.
Sold prices
Recent sales in Reservoir
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 Reservoir: common questions
How many properties in Reservoir have had a price drop?
65 listings for sale in Reservoir VIC 3073 are currently advertised below an earlier asking price, 34% of the 193 listings on the market. 52 of those cuts were recorded in the last 30 days and 58 in the last 90.
How much are Reservoir sellers cutting their prices by?
The median cut is 4.3%, or $40K, measured from the previous advertised asking price to the current one on each listing.
How long are Reservoir listings on the market before the price drops?
A median of 45 days from when the listing first appeared to its latest price cut, across 65 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.