SOLD
Sold on 28 Nov 2023 for $880,000

1/87 Elder Street
Watsonia VIC 3087

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 105m2
Land area: 335m2
Sold By
Jamin Silluzio
Jellis Craig Greensborough
Luke Coventry
Jellis Craig Greensborough
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Property Details for 1/87 Elder St, Watsonia

1/87 Elder St, Watsonia is a 3 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 335m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Unit sold in Watsonia in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
105m2
Land Size
335m2
Local Government
Banyule
Lot/Plan
1/PS800565

Last Listing description (June 2024)

This warm and inviting 3-bedroom property in the heart of Watsonia offers the perfect blend of comfort and convenience. Ideal for families, professionals, or anyone looking to enjoy a vibrant community atmosphere, this home is a must-see.

Features:
Spacious Living: Three well-sized bedrooms with ample natural light and storage.

Entertainer's Deck: A large deck overlooking the serene Elder St Reserve, perfect for hosting gatherings or enjoying a quiet evening outdoors.
Modern Kitchen: Equipped with quality modern appliances.
Close to Amenities: Just a short distance to local shops, cafes, and restaurants, ensuring everything you need is within easy reach.
Family-Friendly: Proximity to reputable schools makes this an excellent choice for families.
Convenient Transport: Easy access to public transport options, making commuting a breeze.
Parking: Ample street parking available for you and your guests.

Additional Highlights:
Cozy living area with large windows providing picturesque park views
Renovated bathroom with toilet and additional separate toilet
Well-maintained garden adding to the property's charm
Floor heating as well as 2 split systems.
Quiet, friendly neighborhood

Property History for 1/87 Elder St, Watsonia, VIC 3087

A timeline of how this property has performed in the market
Last Sold
$880,000
28 Nov 2023
  • 22 May 2024
    Listed for Rent $600 / week
  • 28 Nov 2023
    Sold for $880,000
  • 06 Nov 2023
    Listed for Sale $790,000 - $830,000
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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 2,717 properties. Over the last 5 years, Houses in Watsonia have seen a 22.38% increase in median value, while Units have seen a 16.23% increase. As at 31 October 2024:

  • The median value for Houses in Watsonia is $955,105 while the median value for Units is $680,858.
  • Houses have a median rent of $535 while Units have a median rent of $535.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Watsonia on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Watsonia.

Suburb Insights for Watsonia 3087

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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.