Price drops in Springvale South
Listings for sale in Springvale South, VIC 3172 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
17
49% of 35 live listings
Median cut
4.4%
$39K off the asking price
Days listed before cut
56
median, first listed to latest cut
Cuts, last 30 / 90 days
12 / 14
2 listings have raised instead
Springvale South price-drop summary
17 listings in Springvale South (49% of the 35 on the market) are advertised below an earlier asking price. The typical reduction is 4.4%, about $39K. House listings account for 9 of them, with a median cut of 5.6%. Going the other way, 2 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 9 | 5.6% |
| Townhouse | 5 | 2.5% |
| Apartment | 2 | 3.5% |
| Villa | 1 | 12.0% |
Largest current cuts in Springvale South
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 11/3 Harold Road | $625,000 | $550,000 | -12.0% | 2 bed Villa | |
| 4 Rickson Court | $949,000 | $849,000 | -10.5% | 5 bed House | |
| 2/970 Heatherton Road | $748,000 | $690,000 | -7.8% | 3 bed Townhouse | |
| 689 Springvale Road | $1,300,000 | $1,200,000 | -7.7% | 5 bed House | |
| 5 KIRRA COURT | $930,000 | $869,000 | -6.6% | 3 bed House | |
| 1 Bartley Place | $850,000 | $800,000 | -5.9% | 3 bed House | |
| 10 Tiffany Close | $900,000 | $850,000 | -5.6% | 4 bed House | |
| 3/1 Reginald Street | $738,000 | $699,000 | -5.3% | 4 bed Townhouse | |
| 10 Asling Street | $836,000 | $799,000 | -4.4% | 4 bed House | |
| 50-52 Clarke Road | $2,500,000 | $2,400,000 | -4.0% | 5 bed House | |
| 20/101-105 Athol Road | $748,000 | $720,000 | -3.7% | 3 bed Apartment | |
| 2/488 Springvale Road | $599,000 | $580,000 | -3.2% | 2 bed Apartment | |
| 6 Chava Place | $800,000 | $780,000 | -2.5% | 3 bed Townhouse | |
| 9 Albion Court | $803,000 | $785,000 | -2.2% | 3 bed House | |
| 18 Ivy Crescent | $919,950 | $899,950 | -2.2% | 3 bed Townhouse | |
| 5 Ivy Crescent | $1,004,950 | $984,950 | -2.0% | 4 bed Townhouse | |
| 1 Wyton Court | $920,000 | $910,000 | -1.1% | 3 bed House |
Suburb profile
Springvale South market data
Median prices, rents, growth and vacancy for Springvale South.
Sold prices
Recent sales in Springvale South
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 Springvale South: common questions
How many properties in Springvale South have had a price drop?
17 listings for sale in Springvale South VIC 3172 are currently advertised below an earlier asking price, 49% of the 35 listings on the market. 12 of those cuts were recorded in the last 30 days and 14 in the last 90.
How much are Springvale South sellers cutting their prices by?
The median cut is 4.4%, or $39K, measured from the previous advertised asking price to the current one on each listing.
How long are Springvale South listings on the market before the price drops?
A median of 56 days from when the listing first appeared to its latest price cut, across 17 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.