Price drops in South Morang
Listings for sale in South Morang, VIC 3752 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
16
23% of 69 live listings
Median cut
3.6%
$32K off the asking price
Days listed before cut
63
median, first listed to latest cut
Cuts, last 30 / 90 days
14 / 15
9 listings have raised instead
South Morang price-drop summary
16 listings in South Morang (23% of the 69 on the market) are advertised below an earlier asking price. The typical reduction is 3.6%, about $32K. House listings account for 13 of them, with a median cut of 3.8%. Going the other way, 9 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 13 | 3.8% |
| Apartment | 1 | 3.0% |
| Retirement | 1 | 13.8% |
| Townhouse | 1 | 3.4% |
Largest current cuts in South Morang
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 311/65 Gordons Road | $458,000 | $395,000 | -13.8% | 2 bed Retirement | |
| 6 Correa Court | $1,188,000 | $1,050,000 | -11.6% | 5 bed House | |
| 6 Gilguy Place | $1,300,000 | $1,200,000 | -7.7% | 4 bed House | |
| 3 Stilford Street | $650,000 | $616,000 | -5.2% | 3 bed House | |
| 18 Melissa Court | $1,045,000 | $995,000 | -4.8% | 4 bed House | |
| 5 Myrnong Court | $1,100,000 | $1,050,000 | -4.5% | 4 bed House | |
| 13 Berkley Rise | $1,200,000 | $1,150,000 | -4.2% | 4 bed House | |
| 36 Harmony Drive | $790,000 | $760,000 | -3.8% | 4 bed House | |
| 3 Cornerstone Crescent | $638,000 | $616,000 | -3.4% | 3 bed House | |
| 836B Plenty Road | $590,000 | $569,950 | -3.4% | 3 bed Townhouse | |
| 2 Jade Rise | $1,750,000 | $1,695,000 | -3.1% | 5 bed House | |
| 1/3 Old Plenty Road | $669,000 | $649,000 | -3.0% | 3 bed Apartment | |
| 2 Bethany Court | $770,000 | $750,000 | -2.6% | 3 bed House | |
| 26 Poppy Drive | $975,000 | $950,000 | -2.6% | 4 bed House | |
| 2 Solaire Way | $730,000 | $715,000 | -2.1% | 3 bed House | |
| 29 Carinya Crescent | $750,000 | $747,600 | -0.3% | 3 bed House |
Suburb profile
South Morang market data
Median prices, rents, growth and vacancy for South Morang.
Sold prices
Recent sales in South Morang
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 South Morang: common questions
How many properties in South Morang have had a price drop?
16 listings for sale in South Morang VIC 3752 are currently advertised below an earlier asking price, 23% of the 69 listings on the market. 14 of those cuts were recorded in the last 30 days and 15 in the last 90.
How much are South Morang sellers cutting their prices by?
The median cut is 3.6%, or $32K, measured from the previous advertised asking price to the current one on each listing.
How long are South Morang listings on the market before the price drops?
A median of 63 days from when the listing first appeared to its latest price cut, across 16 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.