Thinking about buying in Watsonia? Now could not be a better time, with 2853 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,162,000 with prices in this suburb ranging from $362,000 to $3,358,000. The aproximate distance to the coast is 15 Km.

Watsonia Real Estate Market Outlook

In Watsonia there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Watsonia ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Watsonia provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Watsonia necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Watsonia we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Watsonia a better buying opportunity than it may have been in the past.

Houses for sale Watsonia

	UNIT 1, 47 MORWELL AV, WATSONIA, VIC, 3087	2	1	1	480000
	17 MUNDY ST, WATSONIA, VIC, 3087	2	1	1	680000
	UNIT 3, 6 POWLEY PDE, WATSONIA, VIC, 3087	3	2	2	Contact agent

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General Points of Interest

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