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Price drops in Ringwood

Listings for sale in Ringwood, VIC 3134 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

37

39% of 96 live listings

Median cut

5.4%

$51K off the asking price

Days listed before cut

60

median, first listed to latest cut

Cuts, last 30 / 90 days

30 / 37

2 listings have raised instead

Ringwood price-drop summary

37 listings in Ringwood (39% of the 96 on the market) are advertised below an earlier asking price. The typical reduction is 5.4%, about $51K. House listings account for 17 of them, with a median cut of 5.6%. Going the other way, 2 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House175.6%
Apartment124.2%
Townhouse84.1%

Largest current cuts in Ringwood

The 30 biggest of 37, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
43 Bourke Street$1,150,000$990,000-13.9%3 bed House
211/1B Nelson Street$600,000$530,000-11.7%2 bed Apartment
17 Kendall Street$880,000$780,000-11.4%4 bed House
2/12 Nelson Street$935,000$833,000-10.9%4 bed Apartment
6 Sussex Street$1,150,000$1,030,000-10.4%4 bed House
341 Maroondah Highway$850,000$770,000-9.4%3 bed House
24 Burwood Avenue$1,100,000$1,000,000-9.1%4 bed House
2/32 Lena Grove$820,000$749,000-8.7%3 bed Apartment
208/7 Bardia Street$748,000$700,000-6.4%2 bed Apartment
164 Mullum Mullum Road$1,335,000$1,250,000-6.4%4 bed Townhouse
6 Samuel Street$960,000$899,000-6.4%3 bed House
36 Caroline Street$880,000$825,000-6.3%3 bed House
2/62 Bedford Road$800,000$750,000-6.3%3 bed Apartment
1 Baron Court$1,050,000$990,000-5.7%3 bed House
2 Lauriston Court$1,430,000$1,350,000-5.6%4 bed House
3/320 Maroondah Highway$900,000$850,000-5.6%4 bed Townhouse
3/57 Heatherdale Road$630,000$595,000-5.6%2 bed Townhouse
4 Winnette Court$1,450,000$1,370,000-5.5%4 bed House
1 Winscott Grove$1,850,000$1,750,000-5.4%4 bed House
4/83 Warrandyte Road$945,000$895,000-5.3%3 bed Apartment
26 Bond Street$1,463,000$1,390,000-5.0%2 bed House
41 Nelson Street$1,210,000$1,150,000-5.0%1 bed House
18 Hammond Street$1,050,000$999,000-4.9%3 bed House
36 Tandarra Drive$2,300,000$2,200,000-4.3%5 bed House
9/12-14 Bond Street$803,000$768,900-4.2%3 bed Townhouse
2/6 Kirk Street$1,250,000$1,200,000-4.0%4 bed Townhouse
65 Jeffrey Drive$725,000$699,000-3.6%3 bed House
1/334-336 Maroondah Highway$650,000$630,000-3.1%2 bed Apartment
3 Carmen Court$990,000$960,000-3.0%3 bed House
3/22 Albert Street$660,000$640,000-3.0%2 bed Apartment

Suburb profile

Ringwood market data

Median prices, rents, growth and vacancy for Ringwood.

Sold prices

Recent sales in Ringwood

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: common questions

How many properties in Ringwood have had a price drop?

37 listings for sale in Ringwood VIC 3134 are currently advertised below an earlier asking price, 39% of the 96 listings on the market. 30 of those cuts were recorded in the last 30 days and 37 in the last 90.

How much are Ringwood sellers cutting their prices by?

The median cut is 5.4%, or $51K, measured from the previous advertised asking price to the current one on each listing.

How long are Ringwood 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 37 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.