60 Elder St, Watsonia is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 840m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Enjoying a private position just a short stroll from the Elder Street Reserve city park, and in close proximity to Loyola College and Watsonia Train Station, this character-filled single level home on 845m2 approx., offers total ease of living, and is a tempting proposition for upsizers, 1st home buyers and investors alike.
Gleaming tiles in both kitchen and bathroom, and polished timber flooring throughout the home are an elegant introduction to the modern interior, featuring a bright contemporary kitchen/dining zone with chic white cabinetry and stainless-steel appliances, plus a beautiful adjoining living space. The inviting 4-bedroom interior all have built-in robes (master with ensuite), and a central family bathroom for ease of living. This home also offers a practical laundry, ducted heating, and split system air conditioning. While the outdoors offers a large decking area great for entertaining, with an adjoining rumpus room/ formal living room, with oversized double carport and additional street parking. From this fantastic location you can walk to shops, schools, bus and train station with ease.
A 600m walk to the culinary, caf and shopping delights of bustling Watsonia Village along with the station, just as close to Concord, St Mary's and Watsonia Primary and zoned to Greensborough College; astute buyers can look to make the most of a premium position with a contemporary update and extension. Then again, the wide frontage with gorgeous green landscaping and deep dimensions lends themselves to subdivision and re-development (STCA). Enjoy comfortable living or a generous rental return to offset holding costs while deciding what the future holds. Another incredible benefit of this home is the extended land which large enough to create subdivision and add a whole other property (which is subject to council approval). Subdividing land, or the process of splitting a single lot into two or more smaller parcels, can be a profitable pursuit for investors, and/or a smaller family. Depending on market conditions, land division can be an efficient way to increase the value of this property and be a great benefit for you later down the track!
With additional features such as a full-sized laundry, ducted heating, evaporative cooling, 3x split systems, low maintenanc
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:
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