At number 551th in the list of Australian suburbs ordered by increase in median house value over the last year, Watsonia, 3087 is in the top 20% with a property value increase of 18.46% recorded in median house prices.
Across a shorter period, Watsonia, 3087 has seen a median price increase of -0.40% over the last quarter.
With the median price for a house in Watsonia being $764060 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 2.72%
Property value increases in Watsonia have tracked close to the VIC average of 5.66% over the last 12 months.
Watsonia,3087 has offered an average of 3.62% return per annum in house price rises to property investors over the last three years.
Watsonia is 327th on a list of best yielding suburbs for rents in VIC with a 3.02% return