Price drops in The Basin
Listings for sale in The Basin, VIC 3154 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
5
56% of 9 live listings
Median cut
3.7%
$30K off the asking price
Days listed before cut
11
median, first listed to latest cut
Cuts, last 30 / 90 days
5 / 5
1 listing has raised instead
The Basin price-drop summary
5 listings in The Basin (56% of the 9 on the market) are advertised below an earlier asking price. The typical reduction is 3.7%, about $30K. Going the other way, 1 listing has raised the asking price.
Largest current cuts in The Basin
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 41 Arcadia Avenue | $860,000 | $820,000 | -4.7% | 5 bed House | |
| 24 Goodwin Street | $880,000 | $840,000 | -4.5% | 3 bed House | |
| 305 Forest Road | $820,000 | $790,000 | -3.7% | 3 bed House | |
| 13 Toorak Avenue | $715,000 | $695,000 | -2.8% | 3 bed House | |
| 113 Inverness Avenue | $910,000 | $890,000 | -2.2% | 4 bed House |
Suburb profile
The Basin market data
Median prices, rents, growth and vacancy for The Basin.
Sold prices
Recent sales in The Basin
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 The Basin: common questions
How many properties in The Basin have had a price drop?
5 listings for sale in The Basin VIC 3154 are currently advertised below an earlier asking price, 56% of the 9 listings on the market. 5 of those cuts were recorded in the last 30 days and 5 in the last 90.
How much are The Basin sellers cutting their prices by?
The median cut is 3.7%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are The Basin listings on the market before the price drops?
A median of 11 days from when the listing first appeared to its latest price cut, across 5 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.