Watsonia North is a smaller suburb in Victoria within the Banyule local government area (postcode 3087). With a population of 3,799, the suburb has an established demographic with a median age of 41. Households earn a median income of $108K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Italian.
The median house price in Watsonia North is $925,000, having dipped slightly 0.5% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,050.
Watsonia North is served by 1 school, including 1 primary. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Watsonia North offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($925K/$875K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved -0.5% year-on-year.
Watsonia North is a smaller suburb in Victoria within the Banyule local government area (postcode 3087). With a population of 3,799, the suburb has an established demographic with a median age of 41. Households earn a median income of $108K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Italian.
The median house price in Watsonia North is $925,000, having dipped slightly 0.5% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,050.
Watsonia North is served by 1 school, including 1 primary. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Watsonia North offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($925K/$875K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved -0.5% year-on-year.