Watsonia is in the bottom 40% in VIC when comparing median price capital growth over the last year. Watsonia gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.25%.
Over the longer term, Watsonia has seen property prices show investors a 7.91% return over the last 3 years. This is worse than over the last 12 months
Advertised rents are around the $420 mark per week – giving a return of 2.91% based on the median price in Suburb
Over the last year, property investments in Watsonia, 3087 have given investors a capital gain of 26.00%. This compares very favourably with the 6.11% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Watsonia,3087 has racked up an average of 26.00% over the period. This ranks it number 577th in the whole country for real estate investors looking at median house price increases.
In the last year 10 properties changed hands in Watsonia, which puts it as the 372th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Watsonia being $598500 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 3.43%