Real Estate Watsonia, 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.

Instant Valuation

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.

About

Household makeup

Median Weekly Rent $380.00
Median Monthly Mortgage $2027.28
Median Persons Per Bedroom 0.79
Average Household Size 2.78
Average Age 36.00
Average Income $1144.00
Average Cars Per Dwelling 2.61
Average Properties Within 50M 13.00

Typical Property Prices

2 Bed$586,818
3 Bed$863,116
4 Bed$828,475
5 Bed$1,410,500

Housing Stock

Houses for sale Watsonia

Fletchers 17 LONGMUIR RD, WATSONIA, VIC, 3087 4 1 2 Auction 1st July at 1:00pm
Nelson Alexander 20 MORWELL AV, WATSONIA, VIC, 3087 3 1 1 Private Sale $1,200,000

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 Rate

Incidents Trend State Average


Watsonia weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Nov1.711.123.440.694.73.221.6
Dec1.812.826.436.6933.225.4
Jan1.714.828.835.991.93.223.6
Feb1.214.628.138.092.62.820.2
Mar1.412.824.841.793.52.614.8
Apr2.110.321.347.296.62.410.8
May1.78.417.554.595.52.87.6
Jun1.86.014.364.398.22.36.4
Jul1.46.414.261.197.32.97.4
Aug1.96.014.653.896.23.09.6
Sept1.67.818.145.895.43.114.1
Oct1.69.521.343.4953.218.5

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Curb

Fibre to the Premises

Hybrid Fibre Coaxial (HFC)

Satellite


Nearby Suburbs

Watsonia NorthMacleodYallambieGreensboroughBundooraBriar HillViewbankRosannaMontmorencyLower Plenty

Public Transport

Stop 64: Mount Cooper Drive - Less than 5 KM Stop 64: Mount Cooper Drive - Less than 5 KM Stop 65: Grimshaw Street - Less than 5 KM Stop 65: Grimshaw Street - Less than 5 KM Stop 66: Settlement Road - Less than 5 KM Stop 66: Settlement Road - Less than 5 KM Stop 67: Bundoora Square Shopping Centre - Less than 5 KM Stop 67: Bundoora Square Shopping Centre - Less than 5 KM Macleod - Less than 5 KM Watsonia - Less than 1 KM

General Points of Interest

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