OFF MARKET

1/18 Lambourn Road
Watsonia VIC 3087

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 328m2
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Last updated 30 Sep 2024
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Property Details for 1/18 Lambourn Rd, Watsonia

1/18 Lambourn Rd, Watsonia is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 328m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
1960
Floor Size
105m2
Land Size
328m2
Local Government
Banyule
Lot/Plan
1/PS320723

Last Listing description (September 2017)

Perfectly positioned in the heart of Watsonia is where you will find this gem. Ideal for investors, first home buyers and renovators. Boasting spacious open plan living, with the formal lounge adjoining the kitchen and meals area with an island bench, two oversized robed bedrooms are serviced by a central bathroom and a large family/sunroom at the rear of the home. Comforts include gas wall heater, gas cooktop, air conditioner, large laundry, hardwood timber floors, additional living area and an outdoor entertaining area. Just 300m to the train station, library, shops and minutes to Gresswell Forest and Ring Road. Currently leased for $1434 per month until November 2017. The perfect locale in the highest estate in central watsonia, this is the home for you!

Property History for 1/18 Lambourn Rd, Watsonia, VIC 3087

A timeline of how this property has performed in the market
Last Sold
$555,000
02 Sep 2017
Listed for Rent
$330/w
02 Nov 2016
  • 02 Sep 2017
    Sold for $555,000
  • 08 Aug 2017
    Listed for Sale Sat 2nd September @ 11AM
  • 11 Oct 2016
    Listed for Rent $330 / week
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About Watsonia 3087

The size of Watsonia is approximately 2.3 square kilometres. It has 8 parks covering nearly 10% of total area. The population of Watsonia in 2011 was 5,145 people. By 2016 the population was 5,228 showing a population growth of 1.6% in the area during that time. The predominant age group in Watsonia is 30-39 years. Households in Watsonia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watsonia work in a professional occupation. In 2011, 71% of the homes in Watsonia were owner-occupied compared with 67.9% in 2016.

Watsonia has 2,716 properties. Over the last 5 years, Houses in Watsonia have seen a 25.80% increase in median value, while Units have seen a 15.18% increase. As at 30 September 2024:

  • The median value for Houses in Watsonia is $955,305 while the median value for Units is $664,502.
  • Houses have a median rent of $535 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 1 property listed for rent in Watsonia on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Watsonia.

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