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Sold on 21 Aug 2024 - Price Unavailable

1/47 Morwell Avenue
Watsonia VIC 3087

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/47 Morwell Ave, Watsonia

1/47 Morwell Ave, Watsonia is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Watsonia in the last 12 months.

Building Type
Unit
Local Government
Banyule
Lot/Plan
1/RP11358

Last Listing description (August 2024)

From fine first home to rewarding investment, this two bedroom unit's brightly refurbished accommodation fulfils a range of property priorities. The first in a boutique complex of four and enjoying light-filled interiors that are larger than average, this freshly painted single level property boasts enviable access to Watsonia Village shopping and trains, Gresswell Nature Reserve, buses and schools.

With open plan living flooded in natural light and a modern kitchen with generous storage, this neatly presented home accesses a series of communal outdoor spaces. Carpets line double bedroom with robes and a bright bathroom with a shower over the tub includes laundry facilities.

With a gas heater, split system air- conditioner, ceiling fans and a designated carport car space, it presents owner occupiers and investors turnkey entry to one of Melbourne's more tightly held suburbs whose wealth of amenities and easy access to LaTrobe University, Greensborough Shopping and cinemas and M80 Ring Road assure lifestyle convenience.

Kaylah Guerra & Brett Schembri | Ray White Macleod

Property History for 1/47 Morwell Ave, Watsonia, VIC 3087

A timeline of how this property has performed in the market
Last Sold
21 Aug 2024
  • 21 Aug 2024
    Sold for $385,000
  • 07 Mar 2024
    Listed for Sale UNDER CONTRACT
  • 11 Jul 2002
    Sold for $144,950
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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 2,718 properties. Over the last 5 years, Houses in Watsonia have seen a 31.89% increase in median value, while Units have seen a 15.26% increase. As at 31 August 2024:

  • The median value for Houses in Watsonia is $962,117 while the median value for Units is $658,079.
  • Houses have a median rent of $535 while Units have a median rent of $500.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Watsonia on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Watsonia.

Suburb Insights for Watsonia 3087

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Contact agent
Kaylah Guerra
Show contact details
Brett Schembri
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Ray White Macleod
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.