Watsonia North is in the bottom 20% in VIC when comparing median price capital growth over the last year. Watsonia North gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.56%.
While Watsonia North,3087 ranked number 334th in VIC for increase in median house value (annualised) increase, it is ranked 507th over the last 5 years.
In the last year 43 properties changed hands in Watsonia North, which puts it as the 448th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Watsonia North being $740543 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.16%