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Price drops in Sunshine

Listings for sale in Sunshine, VIC 3020 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

15

25% of 61 live listings

Median cut

3.8%

$20K off the asking price

Days listed before cut

74

median, first listed to latest cut

Cuts, last 30 / 90 days

7 / 10

4 listings have raised instead

Sunshine price-drop summary

15 listings in Sunshine (25% of the 61 on the market) are advertised below an earlier asking price. The typical reduction is 3.8%, about $20K. Townhouse listings account for 7 of them, with a median cut of 3.0%. Going the other way, 4 listings have raised the asking price.

Cuts by property type

TypeListings reducedMedian cut
Townhouse73.0%
Apartment55.3%
House32.8%

Largest current cuts in Sunshine

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

AddressPrevious askingNow askingCutCut onProperty
307/254 Hampshire Road$540,000$500,000-7.4%2 bed Apartment
81 Wright Street$753,500$700,000-7.1%3 bed Townhouse
8 Alfred Street$980,000$920,000-6.1%3 bed House
56 Queen Circuit$660,000$620,000-6.1%3 bed Townhouse
104/117 Durham Road$330,000$310,000-6.1%1 bed Apartment
6/74-76 Anderson Road$380,000$360,000-5.3%2 bed Apartment
1/109 Devonshire Road$720,000$690,000-4.2%3 bed Apartment
20 Gilson Place$790,000$760,000-3.8%3 bed Townhouse
23/8 Service Street$670,000$650,000-3.0%2 bed Townhouse
15 Yewers Street$710,000$690,000-2.8%2 bed House
21 Union St$790,000$770,000-2.5%3 bed House
63 Ardoyne Street$840,000$820,000-2.4%4 bed Townhouse
2/131 Durham Road$890,000$880,000-1.1%4 bed Townhouse
1/6 Farnsworth Street$640,000$635,000-0.8%2 bed Apartment
2 Kinnane Cres$900,000$899,999-0.0%4 bed Townhouse

Suburb profile

Sunshine market data

Median prices, rents, growth and vacancy for Sunshine.

Sold prices

Recent sales in Sunshine

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 Sunshine: common questions

How many properties in Sunshine have had a price drop?

15 listings for sale in Sunshine VIC 3020 are currently advertised below an earlier asking price, 25% of the 61 listings on the market. 7 of those cuts were recorded in the last 30 days and 10 in the last 90.

How much are Sunshine sellers cutting their prices by?

The median cut is 3.8%, or $20K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 74 days from when the listing first appeared to its latest price cut, across 15 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.