Price drops in Spring Gully
Listings for sale in Spring Gully, VIC 3550 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
6
24% of 25 live listings
Median cut
3.2%
$33K off the asking price
Days listed before cut
76
median, first listed to latest cut
Cuts, last 30 / 90 days
4 / 5
1 listing has raised instead
Spring Gully price-drop summary
6 listings in Spring Gully (24% of the 25 on the market) are advertised below an earlier asking price. The typical reduction is 3.2%, about $33K. House listings account for 5 of them, with a median cut of 3.2%. Going the other way, 1 listing has raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 5 | 3.2% |
| Townhouse | 1 | 2.7% |
Largest current cuts in Spring Gully
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 5 Wattle Drive | $770,000 | $720,000 | -6.5% | 4 bed House | |
| 54 Keogh Drive | $1,445,000 | $1,395,000 | -3.5% | 4 bed House | |
| 6 Bonnie Brae Court | $1,080,000 | $1,045,000 | -3.2% | 3 bed House | |
| 9 Shakespeare Street | $980,000 | $950,000 | -3.1% | 5 bed House | |
| 1/185A Retreat Road | $750,000 | $730,000 | -2.7% | 3 bed Townhouse | |
| 12 Bronwyn Court | $970,000 | $950,000 | -2.1% | 4 bed House |
Suburb profile
Spring Gully market data
Median prices, rents, growth and vacancy for Spring Gully.
Sold prices
Recent sales in Spring Gully
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 Spring Gully: common questions
How many properties in Spring Gully have had a price drop?
6 listings for sale in Spring Gully VIC 3550 are currently advertised below an earlier asking price, 24% of the 25 listings on the market. 4 of those cuts were recorded in the last 30 days and 5 in the last 90.
How much are Spring Gully sellers cutting their prices by?
The median cut is 3.2%, or $33K, measured from the previous advertised asking price to the current one on each listing.
How long are Spring Gully listings on the market before the price drops?
A median of 76 days from when the listing first appeared to its latest price cut, across 6 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.