Market snapshot
Suburb insights for Watsonia3087
Change suburbWatsonia is located 16 km north-east of the CBD. Located in the outer north-east of metropolitan Melbourne Watsonia is primarily a residential suburb. There is a small commercial area focused around the railway station. The suburb also features a number of parks such as the Gabonia Ave A.K. Line Aminya and Elder Street Reserves and the Diamond Village Shopping Centre. Like a number of suburbs in this part of Melbourne the population has decreased and aged significantly over the 1981-1996 period.
Recent sales and auction results in Watsonia
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 18 Cooinda Cr, Watsonia | 3 |  | House (Res) | Auction Sale | 20/07/2024 | Ray White Macleod | View |
Sales data
Median sale price
$908k
Quarterly price change
-7.2%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Watsonia | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $910,000 | $810,000 |
| 4 | $1,018,750 | $955,000 |
| Insight | Watsonia | Metro comparison |
|---|---|---|
| Clearance rate | 89.5% | 73.8% |
| Days on market | 28 | 42 |
Rental data
Median weekly rent
$520
Rental yield
2.9%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Watsonia | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $520 | $540 |
| 4 | - | $580 |
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