Price drops in Springvale
Listings for sale in Springvale, VIC 3171 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
19
12% of 156 live listings
Median cut
4.6%
$49K off the asking price
Days listed before cut
81
median, first listed to latest cut
Cuts, last 30 / 90 days
17 / 19
20 listings have raised instead
Springvale price-drop summary
19 listings in Springvale (12% of the 156 on the market) are advertised below an earlier asking price. The typical reduction is 4.6%, about $49K. House listings account for 12 of them, with a median cut of 4.9%. Going the other way, 20 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 12 | 4.9% |
| Townhouse | 5 | 7.4% |
| Apartment | 2 | 3.7% |
Largest current cuts in Springvale
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 19B Regent Avenue | $1,150,000 | $1,000,000 | -13.0% | 4 bed Townhouse | |
| 21 Whitworth Avenue | $800,000 | $730,000 | -8.8% | 5 bed House | |
| 65 Hanleth Avenue | $1,309,000 | $1,204,500 | -8.0% | 4 bed House | |
| 48 Quarter Circuit | $858,000 | $790,000 | -7.9% | 4 bed Townhouse | |
| 22 Burden Street | $950,000 | $880,000 | -7.4% | 3 bed House | |
| 4/7 Kelvin Gr | $679,000 | $629,000 | -7.4% | 2 bed Townhouse | |
| 57 Burden Street | $1,050,000 | $979,000 | -6.8% | 4 bed House | |
| 4 Grace Street | $899,000 | $850,000 | -5.5% | 3 bed House | |
| 33 GOVE STREET | $1,045,000 | $990,000 | -5.3% | 3 bed House | |
| 5/10 Watt Street | $650,000 | $620,000 | -4.6% | 2 bed Townhouse | |
| 18 Amiel Street | $1,100,000 | $1,050,000 | -4.5% | 3 bed House | |
| 3/65 Balmoral Avenue | $600,000 | $575,000 | -4.2% | 2 bed Apartment | |
| 27 Blissington St | $990,000 | $950,000 | -4.0% | 4 bed House | |
| 2 Kallista Road | $957,000 | $920,000 | -3.9% | 3 bed House | |
| 5/931 Heatherton Road | $880,000 | $847,000 | -3.8% | 3 bed Townhouse | |
| 4 Heritage Drive | $950,000 | $920,000 | -3.2% | 4 bed House | |
| 20 Ann Street | $950,000 | $920,000 | -3.2% | 3 bed House | |
| 3 /18 Andrew Street | $475,000 | $460,000 | -3.2% | 2 bed Apartment | |
| 24 Garnsworthy Street | $880,000 | $870,000 | -1.1% | 4 bed House |
Suburb profile
Springvale market data
Median prices, rents, growth and vacancy for Springvale.
Sold prices
Recent sales in Springvale
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: common questions
How many properties in Springvale have had a price drop?
19 listings for sale in Springvale VIC 3171 are currently advertised below an earlier asking price, 12% of the 156 listings on the market. 17 of those cuts were recorded in the last 30 days and 19 in the last 90.
How much are Springvale sellers cutting their prices by?
The median cut is 4.6%, or $49K, measured from the previous advertised asking price to the current one on each listing.
How long are Springvale listings on the market before the price drops?
A median of 81 days from when the listing first appeared to its latest price cut, across 19 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.