Price drops in Upwey
Listings for sale in Upwey, VIC 3158 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
6
33% of 18 live listings
Median cut
4.8%
$53K off the asking price
Days listed before cut
47
median, first listed to latest cut
Cuts, last 30 / 90 days
4 / 5
1 listing has raised instead
Upwey price-drop summary
6 listings in Upwey (33% of the 18 on the market) are advertised below an earlier asking price. The typical reduction is 4.8%, about $53K. House listings account for 5 of them, with a median cut of 5.2%. Going the other way, 1 listing has raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 5 | 5.2% |
| Apartment | 1 | 2.7% |
Largest current cuts in Upwey
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 3 Toorourrong Road | $1,380,000 | $1,295,000 | -6.2% | 4 bed House | |
| 31 Acacia Avenue | $1,050,000 | $990,000 | -5.7% | 4 bed House | |
| 28 Griffiths Road | $1,350,000 | $1,280,000 | -5.2% | 4 bed House | |
| 48 Ternes Road | $1,040,000 | $995,000 | -4.3% | 4 bed House | |
| 1470A Burwood Highway | $920,000 | $895,000 | -2.7% | 3 bed Apartment | |
| 49-51 Mast Gully Road | $1,395,000 | $1,390,000 | -0.4% | 4 bed House |
Suburb profile
Upwey market data
Median prices, rents, growth and vacancy for Upwey.
Sold prices
Recent sales in Upwey
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 Upwey: common questions
How many properties in Upwey have had a price drop?
6 listings for sale in Upwey VIC 3158 are currently advertised below an earlier asking price, 33% of the 18 listings on the market. 4 of those cuts were recorded in the last 30 days and 5 in the last 90.
How much are Upwey sellers cutting their prices by?
The median cut is 4.8%, or $53K, measured from the previous advertised asking price to the current one on each listing.
How long are Upwey listings on the market before the price drops?
A median of 47 days from when the listing first appeared to its latest price cut, across 6 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.