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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


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 $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

Showing 5 of 24 investment properties found in Watsonia on realestateinvestar.com.au

1/8 Lambourn Rd, Watsonia

$600,000

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Proportions, Promise and a First-Class Position

Street-fronted behind a deep front yard and screened by a picket fence, this surprisingly spacious three-bedroom home offers easy-care proportions, promise, and a first-class positiondelivering a fantastic opportunity for buyers with an eye for value and vision for the future. Footsteps from ...

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Unit

VIC 3087


2/8 Lambourn Rd, Watsonia

$700,000

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Lifestyle And Location That's Hard To Beat!

Set at the rear of a block of only two, this three-bedroom home presents an exciting and enticing opportunity for buyers seeking space, flexibility, and value-adding potential through cosmetic enhancements. The practical floor plan introduces a generously proportioned lounge, complemented by a ...

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Unit

VIC 3087


21 Manfred St, Watsonia

$770,000

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Endless Potential with a Stylish Modern Update

Positioned on a generous allotment in a peaceful Watsonia pocket, 21 Manfred Street presents an exciting opportunity for first home buyers, investors or those looking to further enhance a home with excellent future potential (STCA). Filled with natural light and comfortable proportions throughout, ...

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House

VIC 3087


13 Morwell Ave, Watsonia

$1,650,000

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Brand-New Luxury Family Living

Showcasing premium quality and exceptional family proportions, this brand-new double-storey Carlisle home at 13 Morwell Avenue, Watsonia is the complete package, set on a generous 534sqm (approx.) allotment. Designed with versatility and modern living in mind, the home offers five spacious ...

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VIC 3087


36 Black St, Watsonia

$850,000

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Prime Watsonia Opportunity: Redevelop or Renovate

Discover the potential of this property on Black Street, Watsonia, where opportunity meets location. This one owner home sits on a generous land size of 693m2, offering ample space for redevelopment or extension to suit your vision. Whether you're considering a renovation to modernize the existing ...

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House

VIC 3087


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