4 Richards Avenue

Watsonia VIC 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 2,716 properties. Over the last 5 years, Houses in Watsonia have seen a 25.80% increase in median value, while Units have seen a 15.18% increase. As at 30 September 2024:

• The median value for Houses in Watsonia is $955,305 while the median value for Units is $664,502.
• Houses have a median rent of $535 while Units have a median rent of $500.