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Price drops in Strathmore

Listings for sale in Strathmore, VIC 3041 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

17

45% of 38 live listings

Median cut

3.8%

$50K off the asking price

Days listed before cut

97

median, first listed to latest cut

Cuts, last 30 / 90 days

11 / 15

4 listings have raised instead

Strathmore price-drop summary

17 listings in Strathmore (45% of the 38 on the market) are advertised below an earlier asking price. The typical reduction is 3.8%, about $50K. House listings account for 10 of them, with a median cut of 3.8%. Going the other way, 4 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
House103.8%
Townhouse53.1%
Apartment24.3%

Largest current cuts in Strathmore

By percentage, biggest first. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
73 Glenview Road$2,500,000$2,150,000-14.0%3 bed House
140 Woodland Street$4,600,000$4,000,000-13.0%4 bed House
16 Talbot Road$950,000$868,000-8.6%3 bed Townhouse
28 Lind Street$1,580,000$1,475,000-6.6%4 bed House
72A Lloyd Street$2,690,000$2,550,000-5.2%4 bed House
113/82 Bulla Road$418,000$399,000-4.5%1 bed Apartment
1/465 Pascoe Vale Road$990,000$950,000-4.0%3 bed Apartment
124A Lebanon Street$2,600,000$2,500,000-3.8%3 bed House
2/9 Esmale Street$915,000$880,000-3.8%3 bed Townhouse
18 Houston Avenue$3,700,000$3,560,000-3.8%4 bed House
21 Balmoral Avenue$1,500,000$1,450,000-3.3%4 bed House
2B Wood Street$1,440,000$1,395,000-3.1%3 bed Townhouse
245 Mascoma Street$1,230,000$1,200,000-2.4%3 bed House
52 Hayes Road$3,700,000$3,625,000-2.0%4 bed House
2 Carrick Lane$860,000$850,000-1.2%3 bed Townhouse
158 Mascoma Street$1,300,000$1,290,000-0.8%3 bed House
2/2 Roland Avenue$995,000$990,000-0.5%3 bed Townhouse

Suburb profile

Strathmore market data

Median prices, rents, growth and vacancy for Strathmore.

Sold prices

Recent sales in Strathmore

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 Strathmore: common questions

How many properties in Strathmore have had a price drop?

17 listings for sale in Strathmore VIC 3041 are currently advertised below an earlier asking price, 45% of the 38 listings on the market. 11 of those cuts were recorded in the last 30 days and 15 in the last 90.

How much are Strathmore sellers cutting their prices by?

The median cut is 3.8%, or $50K, measured from the previous advertised asking price to the current one on each listing.

How long are Strathmore listings on the market before the price drops?

A median of 97 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.