Watsonia North
VIC, 3087 - Banyule

Thinking about buying in Watsonia North? Now could not be a better time, with 1524 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,206,000 with prices in this suburb ranging from $500,000 to $3,668,000. The aproximate distance to the coast is 17 Km.

Household Makeup

Median Weekly Rent $457.00
Median Monthly Mortgage $2097.67
Median Persons Per Bedroom 0.77
Average Household Size 3.00
Average Age 42.67
Average Income $860.67
Average Cars Per Dwelling 1.97
Average Properties Within 50M 10

Housing Stock

Average Property Prices

1 Bed  $1,028,000
2 Bed  $886,000
3 Bed  $1,222,000
4 Bed  $1,442,000
5 Bed  $1,655,000
6 Bed+$1,786,000

Watsonia North Real Estate Market Outlook

In Watsonia North 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 North 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 North 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 North 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 North 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 North a better buying opportunity than it may have been in the past.

Houses for sale Watsonia North

Ray White 129 MACORNA ST, WATSONIA NORTH, VIC, 3087 Beds4 Bathrooms2 Parking 4 1029000

Local Schools

Watsonia North Primary School

Loyola College

St Mary's School

Concord School

Watsonia Primary School

Greensborough Secondary College

Greensborough Primary School

Parade College

Bundoora Primary School

Watsonia Heights Primary School

(While the above schools are located with the suburb of Watsonia North there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Watsonia North weather - Average Local Climate by month

Min (°C)
Max (°C)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WatsoniaGreensboroughBundooraMacleodYallambieBriar HillPlentyMill ParkSt HelenaMontmorency

Public Transport

General Points of Interest

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