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Real Estate Market: Is Watsonia VIC 3087 a Good Suburb to Buy Into?
Housing Market in Watsonia
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
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| $584 | Bottom 49% |
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Housing Supply in Watsonia
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 38.7 | Top 20% |
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| 0.2 | Bottom 24% | Data for Jul 2023 | ||
| 70.6 | Top 8% | Data for May 2023 | ||
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| 4 lots | Bottom 45% |
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| 9 | Top 11% |
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Housing Stock Quality in Watsonia
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 86.1% | Bottom 17% |
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| 2.5 | Top 48% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Watsonia
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 2.3 sq km | Bottom 24% | Data for Jan 2021 | ||
| 0.1 sq km | Top 31% | Data for Jun 2023 | ||
| 394 sqm per resident | Bottom 19% | Data for Jan 2021 |
Risk in Watsonia
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 79.1% | Bottom 15% |
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| 20.9% | Top 15% |
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| 38 | Top 33% | Data for Jun 2023 | ||
| $1,990 | Top 46% |
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| 83 | Top 22% | Data for Jun 2023 | ||
| 74 | Bottom 39% | Data for Jun 2023 | ||
| 24.6% | Top 36% |
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| 39.0% | Top 48% |
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Housing Demand in Watsonia
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
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| 10200 | Bottom 40% |
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| 130000 | Top 15% |
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| 146000 | Top 11% |
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Unit Market in Watsonia
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
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| $495 | Top 36% |
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| 72.9% | Top 38% |
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Median House Rental Prices by Street (20)
| Street | Date | Median rent (per week) |
|---|---|---|
| Elder St | 06 Dec 2025 | $543 |
| Curtis Ave | 06 Dec 2025 | $546 |
| Devonshire Rd | 06 Dec 2025 | $503 |
| Greenwood Dr | 06 Dec 2025 | $493 |
| High St | 06 Dec 2025 | $609 |
Realtors (1)
| Headline | Place | Datetime |
|---|---|---|
| Lauders Real Estate | 13/78 Nepean St |
Planning Applications: Other (8)
| Headline | Place | Date |
|---|---|---|
| Transfer of Licence - Victorian Commission for Gambling and Liquor Regulation 51308A04 | 5 Watsonia Road, Watsonia 3087, VIC | 22 Jun 2022 |
| General Licence - Victorian Commission for Gambling and Liquor Regulation 70957A01 | 3 Watsonia Road, Watsonia 3087, VIC | 24 Jan 2022 |
| Relocation of Licence - Victorian Commission for Gambling and Liquor Regulation 39895A06 | Gabonia Avenue Reserve, Gabonia Avenue, Watsonia 3087, VIC | 06 Jul 2021 |
| P1413/2017 – Use and development of the land for a car wash and associated food and drinks premises (cafe) and alteration of access to a road in a Road Zone, Category 1. - Banyule City Council P1413/2017PT3 | 347-359 Greensborough Road, Watsonia 3087 VIC | 17 Jun 2021 |
| Transfer of Licence - Victorian Commission for Gambling and Liquor Regulation 51308A02 | 5 Watsonia Road, Watsonia 3087, VIC | 14 Apr 2021 |
Planning Applications: Dwellings (3)
| Headline | Place | Date |
|---|---|---|
| One existing dwelling and one dwelling under construction - Streamlined Planning through Electronic Applications and Referrals S192510J | 31 Princes Street, Watsonia VIC 3087 | 06 Apr 2022 |
| Development of one (1) new dwelling to rear of existing dwelling - Banyule City Council P1197/2021 | 20 Crellin Crescent, Watsonia 3087 VIC | 05 Jan 2022 |
| Alterations and additions to an existing dwelling on a lot less than 500 sqm. - Banyule City Council P554/2021 | 1/42 Wattle Drive, Watsonia 3087 VIC | 30 Jun 2021 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 35 Kenmare St | Price Withheld | 3.0 | 1.0 | 2.0 | 21 Nov 2025 | 0 | On Market |
| 7 Beaumont St | $1,200,500 | 3.0 | 1.0 | 2.0 | 08 Nov 2025 | 0 | On Market |
| 273 Nell Street West | $1,475,000 | 4.0 | 2.0 | 2.0 | 08 Nov 2025 | 0 | On Market |
| 17 Temby St | $1,280,000 | 3.0 | 2.0 | 2.0 | 07 Nov 2025 | 0 | On Market |
| 39 Frensham Rd | $1,125,000 | 5.0 | 3.0 | 2.0 | 06 Nov 2025 | 0 | On Market |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Banyule |
Median Unit Sale Prices by Street (5)
| Date | Median sale value | Street |
|---|---|---|
| 06 Dec 2025 | $669,000 | Devonshire Rd |
| 06 Dec 2025 | $452,300 | Elder St |
| 06 Dec 2025 | $857,100 | Lambourn Rd |
| 06 Dec 2025 | $759,400 | Nepean St |
| 06 Dec 2025 | $684,000 | Watsonia Rd |
Median House Sale Prices by Street (21)
| Street | Date | Median sale value |
|---|---|---|
| Bungay St | 06 Dec 2025 | $805,400 |
| Curtis Ave | 06 Dec 2025 | $902,200 |
| Delta Rd | 06 Dec 2025 | $713,700 |
| Dunn St | 06 Dec 2025 | $750,100 |
| Eclipse Cr | 06 Dec 2025 | $963,000 |
Percent of Renters by Street (84)
| Percent of Renters | Street |
|---|---|
| 92.3% | Bahen Ct |
| 50.6% | Beaumont St |
| 34.2% | Ananda Ct |
| 39.1% | Crellin Cr |
| 62.4% | Barry St |
Turnover Rate by Street (83)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 76.3% | Elder St | average turnover | Every 13.1 years (average turnover) | 2025 |
| 59.6% | Orana Dr | quite tightly held | Every 16.8 years (quite tightly held) | 2025 |
| 65.1% | Princes St | quite tightly held | Every 15.4 years (quite tightly held) | 2025 |
| 22.6% | Webster Cr | very tightly held | Every 44.3 years (very tightly held) | 2025 |
| 90.9% | Eclipse Cr | high turnover | Every 11.0 years (high turnover) | 2025 |
Businesses (27)
| Name | Address |
|---|---|
| Sloping Block Solutions | 38 Grace St, Watsonia VIC 3087, Australia |
| Lauders Real Estate | 13/78 Nepean St, Watsonia VIC 3087, Australia |
| Electricians Watsonia | Emergency 24 Hour Electrician, Watsonia VIC 3087, Australia |
| Robert J Showers & Associates | 143 Watsonia Rd, Watsonia VIC 3087, Australia |
| K&K Bobcat | 13 Mundy St, Watsonia VIC 3087, Australia |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 2, 35 Devonshire Rd | $450 | 2.0 | 1.0 | 1.0 | 01 Dec 2025 |
| Unit 2, 35 Devonshire Rd | $450 | 2.0 | 1.0 | 1.0 | 01 Dec 2025 |
| Unit 2, 35 Devonshire Rd | $450 | 2.0 | 1.0 | 1.0 | 01 Dec 2025 |
| Unit 2, 35 Devonshire Rd | $450 | 2.0 | 1.0 | 1.0 | 01 Dec 2025 |
| Unit 2, 14 Daours Ct | $570 | 2.0 | 1.0 | 1.0 | 17 Nov 2025 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 81 Kenmare St | $850 | 4 | 2 | 3 | 28 Nov 2025 | 0 |
| 81 Kenmare St | $850 | 4 | 2 | 3 | 28 Nov 2025 | 0 |
| 81 Kenmare St | $820 | 4 | 2 | 3 | 28 Nov 2025 | 0 |
| 17 Shannon Cr | $495 | 4 | 1 | 1 | 28 Nov 2025 | 0 |
| 81 Kenmare St | $850 | 4 | 2 | 3 | 28 Nov 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 4, 63 Devonshire Rd | $700,000 | 2.0 | 1.0 | 1.0 | 12 Nov 2025 | On Market |
| Unit 4, 6 Papua St | Price Withheld | 3.0 | 2.0 | 1.0 | 12 Nov 2025 | On Market |
| Unit 4, 6 Papua St | Price Withheld | 3.0 | 2.0 | 1.0 | 12 Nov 2025 | On Market |
| Unit 4, 63 Devonshire Rd | $700,000 | 2.0 | 1.0 | 1.0 | 12 Nov 2025 | On Market |
| Unit 4, 63 Devonshire Rd | $700,000 | 2.0 | 1.0 | 1.0 | 12 Nov 2025 | On Market |
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