OFF MARKET

2/59 Elder Street
Watsonia VIC 3087

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 152m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 2/59 Elder St, Watsonia

2/59 Elder St, Watsonia is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 152m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Townhouse
Year Built
1970
Floor Size
74m2
Land Size
152m2
Local Government
Banyule
Lot/Plan
2/PS603515

Last Listing description (June 2023)

EXPRESSIONS OF INTEREST CLOSING MONDAY 17TH APRIL @ 5:00PM (UNLESS SOLD PRIOR).

A windfall for first-home buyers, downsizers and investors alike, this fabulous two bedroom plus study town home is cause for celebration. With raked ceilings in a stunning upper level bedroom, spacious living and an alfresco deck, it promises a premier easy-care lifestyle near Watsonia Village/Greensborough Plaza and directly opposite parkland!

One of three, positioned opposite Elder Street Reserve

Pretty portico entrance to sunlit living and dining zones
Electric cooking and generous storage in a stylish kitchen
Sail cloth over a sizeable deck invites outdoor entertaining
Raked ceilings add wow factor to a huge upper level bedroom + retreat
A versatile study, WIR or nursery is equally impressive with raked ceiling
Chic bathroom includes laundry facilities and separate w/c
Plush carpets, heating/cooling, remote garage & off-street parking
Walk to Watsonia and Diamond Valley shopping precincts
Near Watsonia Station, buses, schools and numerous parks
A brilliant first home, investment or downsizing opportunity

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 $430 - $470 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.

Property History for 2/59 Elder St, Watsonia, VIC 3087

A timeline of how this property has performed in the market
Last Sold
$644,000
17 Apr 2023
Listed for Rent
$380/w
13 Nov 2017
  • 14 Jun 2023
    Listed for Sale Not Disclosed
  • 17 Apr 2023
    Sold for $644,000
  • 02 Mar 2023
    Listed for Sale $580,000 - $635,000
Sign in to see more transactions

Commute Calculator

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 8 properties listed for sale, and 3 properties listed for rent in Watsonia on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Watsonia.

Suburb Insights for Watsonia 3087

Market Insights
Watsonia Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Watsonia Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.