Price drops in Thomastown
Listings for sale in Thomastown, VIC 3074 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
13
17% of 75 live listings
Median cut
3.6%
$30K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
8 / 12
5 listings have raised instead
Thomastown price-drop summary
13 listings in Thomastown (17% of the 75 on the market) are advertised below an earlier asking price. The typical reduction is 3.6%, about $30K. House listings account for 8 of them, with a median cut of 2.6%. Going the other way, 5 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 8 | 2.6% |
| Apartment | 4 | 5.0% |
| Townhouse | 1 | 3.6% |
Largest current cuts in Thomastown
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| LOT-328 HONNIBALL DRIVE | $849,700 | $771,900 | -9.2% | 4 bed House | |
| 3/30 Heyington Avenue | $480,000 | $448,000 | -6.7% | 2 bed Apartment | |
| 34 Westall Street | $1,390,000 | $1,300,000 | -6.5% | 4 bed House | |
| 2 Chantal Close | $935,000 | $880,000 | -5.9% | 4 bed House | |
| 3/32 Spring Street | $550,000 | $520,000 | -5.5% | 2 bed Apartment | |
| 2/96 Heyington Avenue | $660,000 | $630,000 | -4.5% | 4 bed Apartment | |
| 5/1 Currajong Street | $550,000 | $530,000 | -3.6% | 2 bed Townhouse | |
| 53 Honniball Drive | $1,240,000 | $1,200,000 | -3.2% | 4 bed House | |
| 3/167 The Boulevard | $410,000 | $399,000 | -2.7% | 1 bed Apartment | |
| 13 Lansell Court | $790,000 | $775,000 | -1.9% | 3 bed House | |
| 51 Honniball Drive | $1,220,000 | $1,200,000 | -1.6% | 4 bed House | |
| 166 The Boulevard | $1,110,000 | $1,099,000 | -1.0% | 4 bed House | |
| 59 Honniball Drive | $945,656 | $945,493 | -0.0% | 3 bed House |
Suburb profile
Thomastown market data
Median prices, rents, growth and vacancy for Thomastown.
Sold prices
Recent sales in Thomastown
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 Thomastown: common questions
How many properties in Thomastown have had a price drop?
13 listings for sale in Thomastown VIC 3074 are currently advertised below an earlier asking price, 17% of the 75 listings on the market. 8 of those cuts were recorded in the last 30 days and 12 in the last 90.
How much are Thomastown sellers cutting their prices by?
The median cut is 3.6%, or $30K, measured from the previous advertised asking price to the current one on each listing.
How long are Thomastown listings on the market before the price drops?
A median of 60 days from when the listing first appeared to its latest price cut, across 13 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.