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Price drops in Torquay

Listings for sale in Torquay, VIC 3228 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

62

34% of 180 live listings

Median cut

4.5%

$55K off the asking price

Days listed before cut

95

median, first listed to latest cut

Cuts, last 30 / 90 days

38 / 50

no current price rises

Torquay price-drop summary

62 listings in Torquay (34% of the 180 on the market) are advertised below an earlier asking price. The typical reduction is 4.5%, about $55K. House listings account for 50 of them, with a median cut of 4.4%.

Cuts by property type

TypeListings reducedMedian cut
House504.4%
Apartment86.3%
Townhouse32.7%
Duplex+Semi Detached10.4%

Largest current cuts in Torquay

The 30 biggest of 62, by percentage. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
314/100 The Esplanade$1,350,000$1,150,000-14.8%3 bed Apartment
23 Wentworth Court$2,250,000$2,000,000-11.1%4 bed House
67 Grandview Road$2,100,000$1,880,000-10.5%5 bed House
42 Zeally Bay Road$2,200,000$1,975,000-10.2%4 bed House
48 St Georges Way$1,595,000$1,435,000-10.0%4 bed House
3 MacFarlane Street$1,420,000$1,285,000-9.5%4 bed House
37A Puebla Street$2,150,000$1,950,000-9.3%4 bed House
18 Bayview Terrace$2,145,000$1,950,000-9.1%4 bed House
103-105/100 The Esplanade$660,000$600,000-9.1%2 bed Apartment
50 Manna Gum Drive$1,140,000$1,050,000-7.9%4 bed House
8 Henty Street$1,295,000$1,195,000-7.7%3 bed House
2/84 The Esplanade$920,000$850,000-7.6%3 bed Apartment
14B Loch Ard Drive$1,025,000$950,000-7.3%3 bed House
219 Fischer Street$1,250,000$1,160,000-7.2%4 bed House
37 Grandview Road$1,290,000$1,200,000-7.0%4 bed House
10 Osprey Court$2,200,000$2,050,000-6.8%9 bed House
5/84 The Esplanade$740,000$690,000-6.8%2 bed Apartment
36 Ocean View Crescent$1,600,000$1,495,000-6.6%4 bed House
4 Rhagodia Lane$1,550,000$1,450,000-6.5%5 bed House
1/9 Yellow Gum Place$1,350,000$1,270,000-5.9%3 bed Apartment
2 Hettie Court$1,525,000$1,435,000-5.9%3 bed House
34 Lightwood Street$950,000$899,000-5.4%4 bed House
4A Gogoll Crescent$1,400,000$1,325,000-5.4%3 bed House
49 Coast Drive$945,000$895,000-5.3%3 bed Townhouse
9 Hunter Avenue$1,090,000$1,035,000-5.0%4 bed House
105/1 Zeally Bay Road$1,100,000$1,045,000-5.0%2 bed Apartment
43 Grandview Road$1,045,000$995,000-4.8%2 bed House
19 Loch Lomond Crescent$1,255,000$1,195,000-4.8%3 bed House
39 Swallowtail Drive$1,575,000$1,500,000-4.8%5 bed House
6 Foam Court$1,185,000$1,130,000-4.6%3 bed House

Suburb profile

Torquay market data

Median prices, rents, growth and vacancy for Torquay.

Sold prices

Recent sales in Torquay

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 Torquay: common questions

How many properties in Torquay have had a price drop?

62 listings for sale in Torquay VIC 3228 are currently advertised below an earlier asking price, 34% of the 180 listings on the market. 38 of those cuts were recorded in the last 30 days and 50 in the last 90.

How much are Torquay sellers cutting their prices by?

The median cut is 4.5%, or $55K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 95 days from when the listing first appeared to its latest price cut, across 62 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.