OFF MARKET

4 Gabonia Avenue
Watsonia VIC 3087

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 578m2
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Property Details for 4 Gabonia Ave, Watsonia

4 Gabonia Ave, Watsonia is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 578m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Floor Size
110m2
Land Size
578m2
Local Government
Banyule
Lot/Plan
255/LP75646

Last Listing description (May 2023)

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

A great opportunity for a buyer looking for a project or renovation/rebuild presents itself in this 2 bedroom brick home in a good location with plenty of long term upside. A generous block of 576m2 approx. that backs onto Elder Street Reserve, the home is a short walk to local amenities with plenty of lifestyle benefits to be enjoyed. A north/north-east facing rear provides plenty of natural light with a favourable aspect, as well as a single lock up garage/shed on site. A great opportunity not to be missed for the astute buyer.

Property History for 4 Gabonia Ave, Watsonia, VIC 3087

A timeline of how this property has performed in the market
Last Sold
$650,000
17 Apr 2023
  • 17 Apr 2023
    Sold for $650,000
  • 21 Mar 2023
    Listed for Sale $620,000 - $670,000
  • 11 Nov 1992
    Sold for $110,000
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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 2,718 properties. Over the last 5 years, Houses in Watsonia have seen a 36.08% increase in median value, while Units have seen a 24.01% increase. As at 31 July 2024:

  • The median value for Houses in Watsonia is $954,331 while the median value for Units is $670,242.
  • Houses have a median rent of $520 while Units have a median rent of $500.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Watsonia on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Watsonia.

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