5/3 Derwent Place

Watsonia North VIC 3087

The size of Watsonia North is approximately 1.5 square kilometres. It has 6 parks covering nearly 9.5% of total area. The population of Watsonia North in 2011 was 3,845 people. By 2016 the population was 3,834 showing a population decline of 0.3% in the area during that time. The predominant age group in Watsonia North is 30-39 years. Households in Watsonia North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watsonia North work in a professional occupation. In 2011, 86.5% of the homes in Watsonia North were owner-occupied compared with 85.7% in 2016.

Watsonia North has 1,491 properties. Over the last 5 years, Houses in Watsonia North have seen a 25.35% increase in median value, while Units have seen a 20.58% increase. As at 31 October 2024:

• The median value for Houses in Watsonia North is $976,859 while the median value for Units is $705,907.
• Houses have a median rent of $600 while Units have a median rent of $375.