Watsonia
Suburb profile, market snapshot and recent listings for Watsonia, VIC 3087.
About Watsonia
Welcome to Watsonia
Watsonia sits around 17 kilometres north-east of Melbourne's CBD, in the leafy corridor between Greensborough and Bundoora that has long appealed to families wanting space without giving up train access to the city. It's a quiet, established residential suburb shaped by its bushy surrounds, wide streets and proximity to the Plenty River parklands, with a character that's more suburban-green than inner-city buzz.
With a population of just 5,352 and a median age of 38, Watsonia has the feel of a settled family community rather than a transient rental market. It suits upsizers, young families and anyone who wants a house on a decent block within striking distance of Greensborough's shops and Bundoora's university precinct, while still being able to jump on a train and be in the city within the hour.
Lifestyle & dining
Watsonia doesn't try to be a dining destination, and that's part of its appeal. The local shopping strip along Watsonia Road has a handful of everyday cafes, takeaway spots and services that cover the basics, while residents wanting a bigger night out or a wider choice of restaurants tend to head into neighbouring Greensborough, which has a well-established retail and hospitality scene just a few minutes away. It's a suburb built around home life, weekend sport and easy access to green space rather than a cafe strip you'd travel for.
Shopping
For day-to-day needs, Watsonia's own small commercial strip does the job, but most serious shopping happens at Greensborough Plaza, one of the north-east's larger shopping centres, offering full-line supermarkets, fashion retailers and a cinema. Macleod and Yallambie add a couple more low-key strip shopping options nearby, so residents have a choice of villages depending on whether they want a quick errand or a full shopping trip.
Getting around
Watsonia railway station, on the Hurstbridge line, is the suburb's biggest transport asset, giving direct services into Melbourne's CBD and making it a genuine option for city commuters who still want a house-and-garden lifestyle. Buses connect the suburb to Greensborough, Bundoora and La Trobe University, while road access via Lower Plenty Road and the Greensborough Highway/Bypass makes trips to the Ring Road and beyond straightforward for those who drive.
Schools & families
Families are well catered for locally, with Watsonia Primary School serving the immediate area and Concord School's Junior Campus offering a specialist option for younger students. Secondary-aged children have access to Loyola College, a well-regarded Catholic secondary school in the area, while the broader Greensborough and Bundoora districts add further public and private options within a short drive. The mix of established schools, quiet streets and nearby parkland is a big part of why families put down roots here.
Parks & recreation
The suburb's proximity to the Plenty River corridor and surrounding reserves gives residents plenty of room to walk, ride and let kids and dogs run around, and this green backdrop is one of Watsonia's defining features compared with more built-up parts of Melbourne's north-east. Sporting ovals, local reserves and easy access to the trails linking through to Yallambie and Greensborough round out the recreational options, making it an easy suburb for an active, outdoors-oriented lifestyle.
The property market
Watsonia's median house price currently sits at $953,000, having posted growth of 3.7% recently — a solid if unspectacular result that reflects the suburb's steady, family-driven demand rather than speculative buying. Houses dominate the market, making up 79% of current listings, with townhouses at 7% and apartments or units at 14%, so buyers chasing a freestanding home on a family-sized block have plenty to choose from, while those wanting lower-maintenance living have a smaller but real slice of the market to consider.
Renters are looking at a median of $600 a week, positioning Watsonia as a mid-range option relative to more expensive inner suburbs but a step up from some outer areas, consistent with its train access and established amenity. With neighbouring Watsonia North, Greensborough, Yallambie, Macleod and Bundoora all offering similar house-heavy markets, buyers often cross-shop this cluster of suburbs, and Watsonia tends to hold its own thanks to the train station and its parkland setting.
Market snapshot
Watsonia property market
Median sale price
$953k
House · 3 bed
Median rent
$600
per week
Gross rental yield
3.3%
annual rent ÷ sale price
Typical price range
Entry
$814k
Median
$953k
Premium
$1.26m
Days on market
29
Auction clearance
70%
Sold this year
30
Median sold price trend · House 3 bed
Compound growth +0.1% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Watsonia by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Watsonia, VIC 3087.
Population
5,352
residents (2021)
Median age
38
years
Household income
$1,883
median, per week
Median rent
$385
per week
Median mortgage
$2,019
per month
Mortgage / income
25%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Watsonia
Government school catchment
Concord School-Concord Junior Campus
Independent & Catholic schools
Recent results
Recently sold in Watsonia
$760k
1 St James Court
Sold ~July 2026
$961k
32 Frensham Road
Sold ~July 2026
$700k
2/8 Lambourn Road
Sold ~July 2026
$750k
21 Manfred Street
Sold ~July 2026
$1.05m
15 Eclipse Crescent
Sold ~July 2026
$1.15m
10 Medbury Avenue
Sold ~July 2026
$650k
272 Greenwood Drive
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Watsonia
Compare the area
Price map around Watsonia
Every listing for sale near Watsonia, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
Quick switch to nearby areas
Common questions
Watsonia suburb FAQ
What is the median property price in Watsonia?
The median house price in Watsonia, VIC is $953k for a 3-bedroom home. Over the past year, median sold prices have risen about 3.7%.
How much is rent in Watsonia?
The median weekly rent in Watsonia is around $600 per week.
Is Watsonia a good place to live?
Watsonia is a suburb of Melbourne, Victoria, Australia, 16 km north-east of Melbourne's Central Business District, located within the City of Banyule local government area. Watsonia is an established residential suburb in VIC, with a population of around 5,352 and 3 schools in the area.
What is the population of Watsonia?
Watsonia has a population of 5,352 (ABS 2021 Census), with a median age of 38.
What schools are in Watsonia?
There are 3 schools in or near Watsonia, including Concord School-Concord Junior Campus, Watsonia Primary School and Loyola College.
How long do homes take to sell in Watsonia?
Properties in Watsonia take around 29 days to sell on average, with an auction clearance rate of about 70%.
How much do you need to buy in Watsonia?
Entry-level properties in Watsonia start around $814k, while premium homes reach $1.26m.
What suburbs are near Watsonia?
Suburbs near Watsonia include Watsonia North, Greensborough, Yallambie, Macleod and Bundoora.
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