OFF MARKET

40 Lambourn Road
Watsonia VIC 3087

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 136m2
Land area: 697m2
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Property Details for 40 Lambourn Rd, Watsonia

40 Lambourn Rd, Watsonia is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 697m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1960
Floor Size
136m2
Land Size
697m2
Local Government
Banyule
Lot/Plan
33/LP10777

Last Listing description (March 2022)

Significant proportions and a superb location are cornerstones of this original home. Set to take off into a new era with a clever renovation, new-build or development, it presents possibilities beyond compare. (STCA). Sitting in a blue-chip pocket, the position is as attractive as the proportions and promise it offers. Aminya Reserve is across the road, and it's only a 500 m walk to Watsonia Village to dine-in, grab some takeaway, take a latte fix, pick up the groceries or jump on the train to the city! Currently configured with three bedrooms sharing two bathrooms, two living areas, and an original eat-in kitchen, it's an exciting blank canvas ready to be invented!

~ 696m2 allotment (approx.)
~ Deep rear yard with two bungalows and garage

~ Gas heating
~ Split system
~ Two bathrooms
~ Formal and casual living spaces
~ Some retained period detail
~ Moments to the centre of Watsonia

Property History for 40 Lambourn Rd, Watsonia, VIC 3087

A timeline of how this property has performed in the market
Last Sold
$1,101,000
26 Mar 2022
  • 26 Mar 2022
    Sold for $1,101,000
  • 25 Feb 2022
    Listed for Sale $950,000 to $1,040,000
  • 17 Jul 1981
    Sold for $40,000

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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.

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.