Property investors who have had real estate in Watsonia, 3087 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 23.80%
If we look at median property appreciation over just the last three months, Watsonia has given property investors a paper return of 5.80%. This puts Suburb as 118 on a list of fastest fasting appreciating suburbs in VIC
Situated 15.51km from the CBD, Watsonia is one of Banyule localities in the postcode 3087.
Watsonia has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.35% to date .
Across a shorter period, Watsonia, 3087 has seen a median price increase of 3.53% over the last quarter.
Advertised rents are around the $310 mark per week – giving a return of 2.83% based on the median price in Suburb