Price drops in Sydenham
Listings for sale in Sydenham, VIC 3037 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
8
36% of 22 live listings
Median cut
4.8%
$21K off the asking price
Days listed before cut
49
median, first listed to latest cut
Cuts, last 30 / 90 days
6 / 8
4 listings have raised instead
Sydenham price-drop summary
8 listings in Sydenham (36% of the 22 on the market) are advertised below an earlier asking price. The typical reduction is 4.8%, about $21K. Apartment listings account for 4 of them, with a median cut of 5.5%. Going the other way, 4 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 4 | 5.5% |
| Townhouse | 3 | 3.7% |
| House | 1 | 4.6% |
Largest current cuts in Sydenham
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 31/358 Sydenham Road | $600,000 | $539,000 | -10.2% | 2 bed Apartment | |
| 25/553-555 Melton Highway | $680,000 | $625,000 | -8.1% | 3 bed Townhouse | |
| 55/21-29 Trickey Avenue | $350,000 | $329,000 | -6.0% | 1 bed Apartment | |
| 47/21-29 Trickey Avenue | $400,000 | $380,000 | -5.0% | 2 bed Apartment | |
| 4 Hepburn Place | $650,000 | $620,000 | -4.6% | 3 bed House | |
| 26/346 Sydenham Road | $535,000 | $515,000 | -3.7% | 3 bed Townhouse | |
| 4/12-32 Pecks Road | $480,000 | $465,000 | -3.1% | 2 bed Apartment | |
| 2/8 Chandos Street | $540,000 | $525,000 | -2.8% | 2 bed Townhouse |
Suburb profile
Sydenham market data
Median prices, rents, growth and vacancy for Sydenham.
Sold prices
Recent sales in Sydenham
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 Sydenham: common questions
How many properties in Sydenham have had a price drop?
8 listings for sale in Sydenham VIC 3037 are currently advertised below an earlier asking price, 36% of the 22 listings on the market. 6 of those cuts were recorded in the last 30 days and 8 in the last 90.
How much are Sydenham sellers cutting their prices by?
The median cut is 4.8%, or $21K, measured from the previous advertised asking price to the current one on each listing.
How long are Sydenham listings on the market before the price drops?
A median of 49 days from when the listing first appeared to its latest price cut, across 8 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.