OFF MARKET

2/29 Princes Street
Watsonia VIC 3087

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 171m2
Land area: 256m2
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Property Details for 2/29 Princes St, Watsonia

2/29 Princes St, Watsonia is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 256m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2022
Floor Size
171m2
Land Size
256m2
Local Government
Banyule
Lot/Plan
2/PS816255

Last Listing description (February 2023)

The benchmark has well and truly been set with this simply one of a kind, executive home constructed to absolute uncompromising standards. Flawlessly designed, simply no expense has been spared in creating this masterpiece which creates envy at every turn. Positioned in central Watsonia walking distance to all amenities, the property will appeal to the most astute of purchasers; whether this be the perfect downsize option, growing family or even solid investment.

Features include:
Craftsman built perfection, seamlessly designed, and positioned

Contemporary in flow with a wealth of high-end appointments
4 generously proportioned bedrooms with the master on ground floor
Ensuite, family bathroom and separate powder room, study
Abundance of natural light and peaceful outlook
Brilliant living spaces with perfect flow between kitchen and meals area
Polished concrete floors and European appliances
In-slab hydronic heating & reverse cycle ducted heating/cooling.
Architecturally inspiring with abundance of natural light and peaceful outlook
Seamless connection to rear yard and generous entertainer's alfresco deck
Designed bathrooms with floor to ceiling tiles, floating vanities, and freestanding tub
Oversized double lock up garage with internal and rear access
No body corporate, stand-alone title
Perfect location walking distance to Watsonia Village, shops, schools, and transport

Based on the current strength in the market and taking comparable rentals into consideration, we believe a realistic rental value would be in the vicinity of $620 - $680 p/w (approx.)
Please note this is an estimate conducted at the time of listing the property. Rental returns may fluctuate due to market conditions.

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Property History for 2/29 Princes St, Watsonia, VIC 3087

A timeline of how this property has performed in the market
Last Sold
$1,255,000
07 Dec 2022
  • 07 Dec 2022
    Sold for $1,255,000
  • 15 Sep 2022
    Listed for Sale $1,250,000 - $1,320,000

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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.

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