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Price drops in South Yarra

Listings for sale in South Yarra, VIC 3141 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

72

31% of 233 live listings

Median cut

5.0%

$37K off the asking price

Days listed before cut

66

median, first listed to latest cut

Cuts, last 30 / 90 days

51 / 59

10 listings have raised instead

South Yarra price-drop summary

72 listings in South Yarra (31% of the 233 on the market) are advertised below an earlier asking price. The typical reduction is 5.0%, about $37K. Apartment listings account for 59 of them, with a median cut of 4.3%. Going the other way, 10 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Apartment594.3%
House910.0%
Townhouse48.2%

Largest current cuts in South Yarra

The 30 biggest of 72, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
20 Fairlie Court$8,800,000$7,295,000-17.1%4 bed House
1601/7 Yarra Street$345,000$290,000-15.9%1 bed Apartment
29 Darling Street$12,000,000$10,200,000-15.0%5 bed House
508/18 Claremont Street$1,150,000$990,000-13.9%2 bed Apartment
1402/229 Toorak Road$470,000$410,000-12.8%1 bed Apartment
57 Murphy Street$4,400,000$3,900,000-11.4%3 bed House
24 Clara Street$3,300,000$2,950,000-10.6%4 bed House
South Yarra NEW DEVELOPMENT$5,450,000$4,900,000-10.1%4 bed Apartment
228-230 Domain Road$5,500,000$4,950,000-10.0%3 bed House
2106/229 Toorak Road$550,000$495,000-10.0%1 bed Apartment
205/20 Garden Street$500,000$450,000-10.0%2 bed Apartment
2/28 Rockley Road$1,600,000$1,450,000-9.4%3 bed Townhouse
3/17 Como Avenue$1,485,000$1,350,000-9.1%2 bed Townhouse
312/32 Bray Street$550,000$500,000-9.1%2 bed Apartment
508/20 Garden Street$495,000$450,000-9.1%2 bed Apartment
1007/1 Almeida Crescent$545,000$499,000-8.4%1 bed Apartment
402/227 Toorak Road West$370,000$340,000-8.1%1 bed Apartment
18/247 Williams Road$625,000$575,000-8.0%1 bed Apartment
404/8 Daly Street$660,000$610,000-7.6%2 bed Apartment
94 Leopold Street$5,950,000$5,500,000-7.6%3 bed House
4/40 Caroline Street$2,750,000$2,550,000-7.3%3 bed Townhouse
2404/1 Almeida Crescent$2,695,000$2,500,000-7.2%3 bed Apartment
1509/1 Almeida Crescent$1,400,000$1,300,000-7.1%2 bed Apartment
3/278 Domain Road$700,000$650,000-7.1%2 bed Apartment
304/200 Toorak Road$429,000$399,000-7.0%1 bed Apartment
10/100 Commercial Road$390,000$365,000-6.4%1 bed Apartment
1209/7 Yarra Street$319,000$299,000-6.3%1 bed Apartment
1509/7 Yarra Street$990,000$930,000-6.1%3 bed Apartment
701/8 Garden Street$720,000$680,000-5.6%2 bed Apartment
312/31 Malcolm Street$365,000$345,000-5.5%1 bed Apartment

Suburb profile

South Yarra market data

Median prices, rents, growth and vacancy for South Yarra.

Sold prices

Recent sales in South Yarra

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 Yarra: common questions

How many properties in South Yarra have had a price drop?

72 listings for sale in South Yarra VIC 3141 are currently advertised below an earlier asking price, 31% of the 233 listings on the market. 51 of those cuts were recorded in the last 30 days and 59 in the last 90.

How much are South Yarra sellers cutting their prices by?

The median cut is 5.0%, or $37K, measured from the previous advertised asking price to the current one on each listing.

How long are South Yarra listings on the market before the price drops?

A median of 66 days from when the listing first appeared to its latest price cut, across 72 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.