Price drops in Ringwood East
Listings for sale in Ringwood East, VIC 3135 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
10
26% of 38 live listings
Median cut
5.3%
$45K off the asking price
Days listed before cut
26
median, first listed to latest cut
Cuts, last 30 / 90 days
9 / 10
2 listings have raised instead
Ringwood East price-drop summary
10 listings in Ringwood East (26% of the 38 on the market) are advertised below an earlier asking price. The typical reduction is 5.3%, about $45K. House listings account for 7 of them, with a median cut of 6.3%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 7 | 6.3% |
| Apartment | 3 | 3.0% |
Largest current cuts in Ringwood East
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 58 Alexandra Road | $950,000 | $790,000 | -16.8% | 4 bed House | |
| 18 Sherwood Avenue | $1,150,000 | $1,050,000 | -8.7% | 4 bed House | |
| 17 Illoura Avenue | $1,050,000 | $960,000 | -8.6% | 4 bed House | |
| 33 Velma Grove | $1,280,000 | $1,200,000 | -6.3% | 4 bed House | |
| 173 Bedford Road | $770,000 | $725,000 | -5.8% | 3 bed House | |
| 15 Bona Street | $880,000 | $839,000 | -4.7% | 3 bed House | |
| 10 Teak Avenue | $1,045,000 | $1,000,000 | -4.3% | 4 bed House | |
| 1/5 Freeman Street | $730,000 | $700,000 | -4.1% | 2 bed Apartment | |
| 2/91 Mount Dandenong Road | $825,000 | $800,000 | -3.0% | 3 bed Apartment | |
| 1/8 Eastfield Road | $795,000 | $778,000 | -2.1% | 3 bed Apartment |
Suburb profile
Ringwood East market data
Median prices, rents, growth and vacancy for Ringwood East.
Sold prices
Recent sales in Ringwood East
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 Ringwood East: common questions
How many properties in Ringwood East have had a price drop?
10 listings for sale in Ringwood East VIC 3135 are currently advertised below an earlier asking price, 26% of the 38 listings on the market. 9 of those cuts were recorded in the last 30 days and 10 in the last 90.
How much are Ringwood East sellers cutting their prices by?
The median cut is 5.3%, or $45K, measured from the previous advertised asking price to the current one on each listing.
How long are Ringwood East listings on the market before the price drops?
A median of 26 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.