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Price drops in Watsonia

Listings for sale in Watsonia, VIC 3087 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

5

50% of 10 live listings

Median cut

4.4%

$60K off the asking price

Days listed before cut

52

median, first listed to latest cut

Cuts, last 30 / 90 days

3 / 4

no current price rises

Watsonia price-drop summary

5 listings in Watsonia (50% of the 10 on the market) are advertised below an earlier asking price. The typical reduction is 4.4%, about $60K. House listings account for 3 of them, with a median cut of 7.8%.

Cuts by property type

TypeListings reducedMedian cut
House37.8%
Apartment14.4%
Townhouse13.9%

Largest current cuts in Watsonia

By percentage, biggest first. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
21 Papua Street$1,045,000$949,950-9.1%3 bed House
55 Orana Drive$1,030,000$950,000-7.8%3 bed House
30 Kenmare Street$1,350,000$1,290,000-4.4%4 bed House
3/53-57 Devonshire Road$680,000$650,000-4.4%2 bed Apartment
2/278 Nell Street West$1,020,000$980,000-3.9%3 bed Townhouse

Suburb profile

Watsonia market data

Median prices, rents, growth and vacancy for Watsonia.

Sold prices

Recent sales in Watsonia

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 Watsonia: common questions

How many properties in Watsonia have had a price drop?

5 listings for sale in Watsonia VIC 3087 are currently advertised below an earlier asking price, 50% of the 10 listings on the market. 3 of those cuts were recorded in the last 30 days and 4 in the last 90.

How much are Watsonia sellers cutting their prices by?

The median cut is 4.4%, or $60K, measured from the previous advertised asking price to the current one on each listing.

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

A median of 52 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.