Price drops in Sandringham
Listings for sale in Sandringham, VIC 3191 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
26
32% of 82 live listings
Median cut
4.3%
$33K off the asking price
Days listed before cut
79
median, first listed to latest cut
Cuts, last 30 / 90 days
22 / 26
4 listings have raised instead
Sandringham price-drop summary
26 listings in Sandringham (32% of the 82 on the market) are advertised below an earlier asking price. The typical reduction is 4.3%, about $33K. Apartment listings account for 13 of them, with a median cut of 4.4%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 13 | 4.4% |
| House | 5 | 4.4% |
| Retirement | 4 | 2.8% |
| Townhouse | 4 | 4.7% |
Largest current cuts in Sandringham
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 707/222 Bay Road | $1,300,000 | $1,180,000 | -9.2% | 3 bed Apartment | |
| 203/88 Bay Road | $1,045,000 | $950,000 | -9.1% | 2 bed Apartment | |
| 201/222 Bay Road | $415,000 | $380,000 | -8.4% | 1 bed Apartment | |
| 505/216 Bay Road | $1,290,000 | $1,195,000 | -7.4% | 3 bed Apartment | |
| 148 Beach Road | $2,200,000 | $2,050,000 | -6.8% | 2 bed House | |
| 402/216 Bay Road | $2,090,000 | $1,950,000 | -6.7% | 3 bed Apartment | |
| 102/216 Bay Road | $800,000 | $750,000 | -6.3% | 2 bed Apartment | |
| 5 Cowper Street | $2,650,000 | $2,500,000 | -5.7% | 4 bed House | |
| 31/86-88 Beach Road | $1,320,000 | $1,250,000 | -5.3% | 2 bed Townhouse | |
| 36 Piper Place | $1,369,000 | $1,300,000 | -5.0% | 3 bed Townhouse | |
| 3/96 Station Street | $450,000 | $430,000 | -4.4% | 1 bed Apartment | |
| 39 Edward Street | $2,290,000 | $2,190,000 | -4.4% | 4 bed House | |
| 1/4 Cooke Street | $1,249,000 | $1,195,000 | -4.3% | 3 bed Apartment | |
| 37 Spring Street | $2,090,000 | $2,000,000 | -4.3% | 3 bed Townhouse | |
| 301/15-25 George Street | $730,000 | $699,000 | -4.2% | 2 bed Retirement | |
| 5/198 Bluff Road | $760,000 | $730,000 | -3.9% | 2 bed Apartment | |
| 322/15-25 George Street | $825,000 | $795,000 | -3.6% | 3 bed Retirement | |
| 3/62 Bay Road | $399,000 | $389,000 | -2.5% | 1 bed Apartment | |
| 301/1 Aberdeen Road | $470,000 | $460,000 | -2.1% | 1 bed Apartment | |
| 303/218 Bay Rd | $495,000 | $485,000 | -2.0% | 2 bed Apartment | |
| 244/15-25 George Street | $530,000 | $520,000 | -1.9% | 1 bed Retirement | |
| 30/170 Beach Road | $1,100,000 | $1,080,000 | -1.8% | 3 bed Townhouse | |
| 202/13 George Street | $860,000 | $845,000 | -1.7% | 3 bed Apartment | |
| 151 Bay Road | $1,500,000 | $1,480,000 | -1.3% | 4 bed House | |
| 304/15-25 George Street | $795,000 | $785,000 | -1.3% | 2 bed Retirement | |
| 25 Grange Road | $1,650,000 | $1,640,000 | -0.6% | 3 bed House |
Suburb profile
Sandringham market data
Median prices, rents, growth and vacancy for Sandringham.
Sold prices
Recent sales in Sandringham
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 Sandringham: common questions
How many properties in Sandringham have had a price drop?
26 listings for sale in Sandringham VIC 3191 are currently advertised below an earlier asking price, 32% of the 82 listings on the market. 22 of those cuts were recorded in the last 30 days and 26 in the last 90.
How much are Sandringham sellers cutting their prices by?
The median cut is 4.3%, or $33K, measured from the previous advertised asking price to the current one on each listing.
How long are Sandringham listings on the market before the price drops?
A median of 79 days from when the listing first appeared to its latest price cut, across 26 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.