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City of Banyule

Watsonia North

Watsonia North Property Market
& Suburb Profile

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MEDIAN PRICES IN WATSONIA NORTH

Median house price

(all agencies, last 12 months)$900k*

House price change

(all agencies, last 12 months)-3.23%

Median unit price

(all agencies, last 12 months)$800k*

Unit price change

(all agencies, last 12 months)+15.94%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

WATSONIA NORTH price TRACKER

HousesUnits

Watsonia North sales overview

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)24

Auction clearance rate in Watsonia North

(all agencies, last 12 months)100%

Average held period in Watsonia North

(proptrack)14 years

Watsonia North Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$616pw

House rental price change

(all agencies, last 12 months)0.07%

Median rental price for Units

(all agencies, last 12 months)$551pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.3%

Average rental yield for Units

(all agencies, last 12 months)3.96%

Watsonia North total population size

(as at the last census)3,799

Median household size in Watsonia North

(as at the last census)2.7

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Watsonia North property types

  • Houses 62%
  • Units 5%
  • Other 33%

OCCUPANCY in Watsonia North

  • Owned 86%
  • Rented 12%
  • Other/Not Stated 2%
  • Singles 18%
  • Families 81%
  • Other 2%

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About Watsonia North

Watsonia North is a peaceful, well-established residential suburb located approximately 16 to 18 kilometres northeast of the Melbourne CBD, offering a highly attractive family-focused lifestyle with a slightly more tranquil and spacious feel than its southern namesake.

Characterised by its wide, leafy streets and well-maintained properties, the housing stock is predominantly made up of substantial family homes on generous blocks of land, appealing particularly to growing families and those seeking a secure, suburban retreat within the City of Banyule.

Residents enjoy excellent access to green space, notably the expansive Binnak Park, which offers extensive sporting facilities and passive recreation areas, alongside proximity to the Plenty River corridor and the Metropolitan Ring Road Trail for walking and cycling.

While it retains a secluded residential atmosphere, the suburb benefits from the retail and amenity offerings of nearby Watsonia Village and Greensborough Plaza, ensuring all shopping and dining needs are met just a short drive away.

Education is a key drawcard, with schools such as Watsonia North Primary School and the nearby Greensborough College providing strong local options, further reinforcing its family appeal.

Connectivity is strong, with bus routes servicing the area and providing easy links to the Watsonia Train Station on the Hurstbridge line, offering a direct rail commute to the city, making Watsonia North a stable, convenient, and highly desirable option for both owner-occupiers and discerning investors.

Education

Watsonia North Primary School
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Sales Comparison

Find out how Watsonia North median sales prices compare to neighbouring suburbs.

Watsonia North MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202540$850,000-3.23%34$584pw3.63%
202442$805,500-2.02%30$555pw3.59%
202348$794,0004.74%29$523pw3.39%
202258$808,750-5.02%52$465pw3.23%
202155$844,37518.12%43$430pw2.67%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202540$850,000-3.23%
202442$805,500-2.02%
202348$794,000+4.74%
202258$808,750-5.02%
202155$844,375+18.12%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202534$584pw3.63%
202430$555pw3.59%
202329$523pw3.39%
202252$465pw3.23%
202143$430pw2.67%

PROUDLY SERVICING Watsonia North

Barry Plant
Bundoora

Browse more suburbs

Bundoora

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.