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Investment Property Watsonia, VIC, 3087

Suburb Snapshot

Watsonia is a suburb in the Banyule Region of Victoria. Watsonia has a population of 5,216 people and 26.73% of its occupants live in rental accommodation. The median listing price for houses is $840,000 and this has changed 7.00% over the past year and changed 6.32% over 2 years.

The median rent in Watsonia for houses is $550 per week and the median rental yield is 3.40%. Stock on the market for houses/townhouses has changed -38.89% compared to last year and the average time to sell a house/townhouse is 28 days.The median listing price for units is $620,000 and this has changed 8.77% over the past year. The average unit takes 53 days to sell and the median rent for a unit in Watsonia is $445 per week, producing a rental yield of 3.73%.

Supply & Demand in Watsonia, Banyule

0.73%

Current vacancy rate


18

Rental stock available


5,216

Population


26.73%

Rental population


0.82%

Current vacancy rate


465

Rental stock available


121,863

Population


22.40%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Watsonia, Banyule

  House Townhouses Units
Median listing price $840,000 NA $620,000
Median price change - last quarter 0.00% NA 5.08%
Median price change - 1 year 7.00% NA 8.77%
Median price change - 2 years 6.32% NA -6.77%
  House Townhouses Units
Median weekly rent $550 $595 $445
Median yield % 3.40% NA 3.73%
Median rent change - 1 year 10.00% 10.18% 12.65%
  House Units
Previous month sales 3 1
Stock on market previous month 11 2
Stock variance vs. last year -38.89% -50.00%
Average days on market 28 53

Watsonia investment property listings

Showing 2 of 2 investment properties found in Watsonia on realestateinvestar.com.au

15 Curtis Ave, WATSONIA

$730,000

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3

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House

VIC 3087


2/5 Grace St, WATSONIA

$700,000

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Townhouse

VIC 3087


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