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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 $850,000 and this has changed 8.28% over the past year and changed 7.25% over 2 years.

The median rent in Watsonia for houses is $545 per week and the median rental yield is 3.33%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 28 days.The median listing price for units is $630,000 and this has changed 10.52% over the past year. The average unit takes 56 days to sell and the median rent for a unit in Watsonia is $450 per week, producing a rental yield of 3.71%.

Supply & Demand in Watsonia, Banyule

0.57%

Current vacancy rate


14

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


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Watsonia, Banyule

  House Townhouses Units
Median listing price $850,000 NA $630,000
Median price change - last quarter 0.00% NA 5.08%
Median price change - 1 year 8.28% NA 10.52%
Median price change - 2 years 7.25% NA -4.55%
  House Townhouses Units
Median weekly rent $545 $590 $450
Median yield % 3.33% NA 3.71%
Median rent change - 1 year 5.82% 7.27% 15.38%
  House Units
Previous month sales 7 1
Stock on market previous month 14 2
Stock variance vs. last year 0.00% 100.00%
Average days on market 28 56

Watsonia investment property listings

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