Investment property in Watsonia has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.22%
A 56.53% growth in median value for property investors in Watsonia,3087 puts this suburb at number 546th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Watsonia are currently offering property investors an average price cut of -5.20% below the asking price at the moment.
Residents and property investors in Watsonia have been waiting around 42 days to sell a property.
Situated 15.62km from the CBD, Watsonia is one of Banyule (C) localities in the postcode 3087.
Property value increases in Watsonia have tracked lower than the VIC average of 2.97% over the last 12 months.
Comparing Watsonia,3087 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period