Biggest Price Falls — VIC
Top 50 suburbs furthest below their own all-time house-price peak — peak-to-current drawdown from each suburb’s own history (population > 500). in VIC.
Biggest Price Falls
Top 50 suburbs furthest below their own all-time house-price peak — peak-to-current drawdown from each suburb’s own history (population > 500). — VIC
This ranking works best as a first-pass screen in VIC, especially when you need to reduce a wide field quickly.
A rank is useful because it compresses one dimension well, but it never replaces the fuller suburb-level picture.
Use the ranking to build a shortlist, then confirm whether those finalists still hold up on the rest of the data.
A ranking compresses one signal well, but it should hand you into compare or suburb detail before becoming a decision.
Save a small working set, then use compare and evidence depth before treating any row as a decision.
Rankings are strongest when they hand you a shortlist quickly. Compare the top two first, then open suburb detail if the head-to-head result still feels narrow.
- #1Nar Nar Goon NorthVIC-45.5%$324K · pk 2017
- #2St Kilda WestVIC-40.2%$2.0M · pk 2021
- #3Mount MacedonVIC-39.1%$989K · pk 2021
- #4AngleseaVIC-34.4%$1.1M · pk 2022
- #5SorrentoVIC-30.9%$1.6M · pk 2022
- #6Point LonsdaleVIC-30.2%$1.1M · pk 2022
- #7Malvern EastVIC-26.4%$1.7M · pk 2022
- #8North WonthaggiVIC-24.1%$505K · pk 2022
- #9Glen HuntlyVIC-23.3%$1.5M · pk 2021
- #10RyeVIC-23.0%$920K · pk 2022
- #11Ocean GroveVIC-23.0%$875K · pk 2022
- #12EssendonVIC-22.8%$1.4M · pk 2022
- #13PortarlingtonVIC-21.3%$775K · pk 2022
- #14KewVIC-21.2%$2.3M · pk 2022
- #15HightonVIC-21.1%$750K · pk 2022
- #16YarrawongaVIC-20.4%$534K · pk 2022
- #17Ballarat NorthVIC-20.3%$500K · pk 2022
- #18YarravilleVIC-19.4%$975K · pk 2022
- #19DromanaVIC-18.8%$893K · pk 2022
- #20SunshineVIC-18.4%$710K · pk 2021
- #21Coronet BayVIC-18.1%$520K · pk 2022
- #22CremorneVIC-17.5%$1.2M · pk 2021
- #23PrahranVIC-17.3%$1.5M · pk 2021
- #24Capel SoundVIC-16.9%$678K · pk 2022
- #25DelacombeVIC-16.4%$477K · pk 2022
- #26LeongathaVIC-16.4%$493K · pk 2022
- #27NewingtonVIC-16.0%$618K · pk 2020
- #28RosebudVIC-15.9%$690K · pk 2022
- #29MentoneVIC-15.8%$1.2M · pk 2022
- #30DarleyVIC-15.5%$600K · pk 2022
- #31RedanVIC-15.2%$437K · pk 2022
- #32DrysdaleVIC-15.1%$634K · pk 2022
- #33Templestowe LowerVIC-14.8%$1.2M · pk 2021
- #34KensingtonVIC-14.5%$1.0M · pk 2022
- #35CarltonVIC-14.5%$1.4M · pk 2018
- #36Smythes CreekVIC-14.4%$512K · pk 2022
- #37St LeonardsVIC-14.3%$690K · pk 2022
- #38SandringhamVIC-13.6%$2.1M · pk 2021
- #39East GeelongVIC-13.6%$795K · pk 2021
- #40WindsorVIC-12.9%$1.4M · pk 2021
- #41Frankston SouthVIC-12.9%$1.0M · pk 2022
- #42BentleighVIC-12.9%$1.5M · pk 2021
- #43BendigoVIC-12.7%$603K · pk 2022
- #44NorthcoteVIC-12.3%$1.4M · pk 2022
- #45Carlton NorthVIC-12.2%$1.5M · pk 2021
- #46Ascot ValeVIC-12.2%$1.2M · pk 2022
- #47Clifton SpringsVIC-12.1%$624K · pk 2022
- #48South GeelongVIC-12.1%$879K · pk 2021
- #49LucasVIC-12.1%$620K · pk 2022
- #50PrestonVIC-12.0%$1.1M · pk 2021
| # ▲ | SUBURB | STATE | FROM PEAK | NOW · PEAK | POP |
|---|---|---|---|---|---|
| 1 | Nar Nar Goon North | VIC | -45.5% | $324K · pk 2017 | 819 |
| 2 | St Kilda West | VIC | -40.2% | $2.0M · pk 2021 | 2,951 |
| 3 | Mount Macedon | VIC | -39.1% | $989K · pk 2021 | 1,450 |
| 4 | Anglesea | VIC | -34.4% | $1.1M · pk 2022 | 3,208 |
| 5 | Sorrento | VIC | -30.9% | $1.6M · pk 2022 | 2,013 |
| 6 | Point Lonsdale | VIC | -30.2% | $1.1M · pk 2022 | 3,788 |
| 7 | Malvern East | VIC | -26.4% | $1.7M · pk 2022 | 22,296 |
| 8 | North Wonthaggi | VIC | -24.1% | $505K · pk 2022 | 3,475 |
| 9 | Glen Huntly | VIC | -23.3% | $1.5M · pk 2021 | 4,905 |
| 10 | Rye | VIC | -23.0% | $920K · pk 2022 | 9,438 |
| 11 | Ocean Grove | VIC | -23.0% | $875K · pk 2022 | 17,714 |
| 12 | Essendon | VIC | -22.8% | $1.4M · pk 2022 | 21,240 |
| 13 | Portarlington | VIC | -21.3% | $775K · pk 2022 | 4,436 |
| 14 | Kew | VIC | -21.2% | $2.3M · pk 2022 | 24,499 |
| 15 | Highton | VIC | -21.1% | $750K · pk 2022 | 20,736 |
| 16 | Yarrawonga | VIC | -20.4% | $534K · pk 2022 | 8,661 |
| 17 | Ballarat North | VIC | -20.3% | $500K · pk 2022 | 4,041 |
| 18 | Yarraville | VIC | -19.4% | $975K · pk 2022 | 15,636 |
| 19 | Dromana | VIC | -18.8% | $893K · pk 2022 | 6,626 |
| 20 | Sunshine | VIC | -18.4% | $710K · pk 2021 | 9,445 |
| 21 | Coronet Bay | VIC | -18.1% | $520K · pk 2022 | 1,108 |
| 22 | Cremorne | VIC | -17.5% | $1.2M · pk 2021 | 2,158 |
| 23 | Prahran | VIC | -17.3% | $1.5M · pk 2021 | 12,203 |
| 24 | Capel Sound | VIC | -16.9% | $678K · pk 2022 | 5,246 |
| 25 | Delacombe | VIC | -16.4% | $477K · pk 2022 | 5,408 |
| 26 | Leongatha | VIC | -16.4% | $493K · pk 2022 | 5,869 |
| 27 | Newington | VIC | -16.0% | $618K · pk 2020 | 1,844 |
| 28 | Rosebud | VIC | -15.9% | $690K · pk 2022 | 14,381 |
| 29 | Mentone | VIC | -15.8% | $1.2M · pk 2022 | 13,197 |
| 30 | Darley | VIC | -15.5% | $600K · pk 2022 | 9,190 |
| 31 | Redan | VIC | -15.2% | $437K · pk 2022 | 3,000 |
| 32 | Drysdale | VIC | -15.1% | $634K · pk 2022 | 4,976 |
| 33 | Templestowe Lower | VIC | -14.8% | $1.2M · pk 2021 | 14,098 |
| 34 | Kensington | VIC | -14.5% | $1.0M · pk 2022 | 10,745 |
| 35 | Carlton | VIC | -14.5% | $1.4M · pk 2018 | 16,055 |
| 36 | Smythes Creek | VIC | -14.4% | $512K · pk 2022 | 1,762 |
| 37 | St Leonards | VIC | -14.3% | $690K · pk 2022 | 3,542 |
| 38 | Sandringham | VIC | -13.6% | $2.1M · pk 2021 | 10,926 |
| 39 | East Geelong | VIC | -13.6% | $795K · pk 2021 | 4,012 |
| 40 | Windsor | VIC | -12.9% | $1.4M · pk 2021 | 7,273 |
| 41 | Frankston South | VIC | -12.9% | $1.0M · pk 2022 | 18,801 |
| 42 | Bentleigh | VIC | -12.9% | $1.5M · pk 2021 | 17,921 |
| 43 | Bendigo | VIC | -12.7% | $603K · pk 2022 | 5,652 |
| 44 | Northcote | VIC | -12.3% | $1.4M · pk 2022 | 25,276 |
| 45 | Carlton North | VIC | -12.2% | $1.5M · pk 2021 | 6,177 |
| 46 | Ascot Vale | VIC | -12.2% | $1.2M · pk 2022 | 15,197 |
| 47 | Clifton Springs | VIC | -12.1% | $624K · pk 2022 | 7,646 |
| 48 | South Geelong | VIC | -12.1% | $879K · pk 2021 | 1,014 |
| 49 | Lucas | VIC | -12.1% | $620K · pk 2022 | 2,994 |
| 50 | Preston | VIC | -12.0% | $1.1M · pk 2021 | 33,790 |
Australian biggest price falls FAQ
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What does Biggest Price Falls rank?
Biggest Price Falls ranks suburbs in VIC using QuickProperty's processed property and locality datasets. Top 50 suburbs furthest below their own all-time house-price peak — peak-to-current drawdown from each suburb’s own history (population > 500).
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How should I use this ranking for property research?
Use the ranking as a screening step for VIC. Save realistic suburbs to your shortlist, compare the strongest two or three, then use suburb detail pages or the calculator to test the final candidate.
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Does the top ranked suburb mean it is the best choice?
No. Rankings are a shortlist input, not a final recommendation. Check price history, rent, income, population, local services, source freshness, and current listings before making a decision.
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How current is the ranking data?
QuickProperty uses processed public-source datasets and refreshes automated sources where available. Use the suburb detail page source panels to see which signals are current, estimated, or missing for a specific suburb.