Market snapshot

Suburb insights for Watsonia3087

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Watsonia 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.

Sales data

Median sale price
$915k
Quarterly price change
11.6%
Metro Melbourne Comparison
$924k
0.4%
BedroomsWatsoniaMetro comparison
2$800,000$890,000
3$937,500$815,000
4$1,211,000$950,000
InsightWatsoniaMetro comparison
Clearance rate75%79.5%
Days on market5139

Rental data

Median weekly rent
$550
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
BedroomsWatsoniaMetro comparison
2-$580
3$550$550
4-$600
Median data for the current quarter
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