9/78-92 Nepean StreetWatsonia VIC 3087
Property Details for 9/78-92 Nepean St, Watsonia
Last Listing description (May 2016)
Ray White Commercial proudly presents this rare opportunity to acquire a blue chip pharmacy asset in a rapidly growing suburb. The property locates itself in an established commercial precinct, and offers the security of a brand new lease in place with annual increases.
Building area | 108m2 approximately
Return | $34,465.92 p.a. net approximately
Zoning | Commercial 1
Ample surrounding car parking
Part of Diamond Village Shopping Centre
Closing | Wednesday 11th May 2016 at 5pm
(unless SOLD prior)
Property History for 9/78-92 Nepean St, Watsonia, VIC 3087
- 13 Mar 2024Sold for $680,000
- 29 Apr 2016Sold for $635,000
- 14 Apr 2016Listed for Sale Not Disclosed
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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 2,717 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.
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