Watsonia Real Estate, VIC, 3087 Banyule

Thinking about buying in Watsonia? Now could not be a better time, with a whopping 2812 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $802,000 with prices in this suburb ranging from $422,000 to $1,531,000.

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.


For Sale

Barry Plant 20 GRESSWELL PARK DR, WATSONIA, VIC, 3087 4 2 2 Auction...Saturday 28th May at 11:00am
Barry Plant 18 BARRY ST, WATSONIA, VIC, 3087 3 1 1 Sat 21st May @11AM
Barry Plant 15 DAOURS CT, WATSONIA, VIC, 3087 3 1 2 ON HOLD
Fletchers 6 LADD ST, WATSONIA, VIC, 3087 3 1 2 For Sale $1,000,000 - $1,050,000
RayWhite 177 WATSONIA RD, WATSONIA, VIC, 3087 2 1 1 $590,000 - $640,000


Local Schools

Watsonia Primary School

Loyola College

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

Local Crime Stats

Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold

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