VIC · 3087

Watsonia

Suburb profile, market snapshot and recent listings for Watsonia, VIC 3087.

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 price ranks #1,465 of 3,797 suburbs · pricier than 61%
Bedrooms

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.

House79%
Apartment / Unit14%
Townhouse7%

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

Government

Watsonia Primary School

Prep-6CoEdGovernment
Visit school website →

Independent & Catholic schools

Loyola College

7-12CoEdCatholic
Visit school website →

Recent results

Recently sold in Watsonia

$760k

1 St James Court

house3 bd · 2 ba · 2 car

Sold ~July 2026

$961k

32 Frensham Road

house3 bd · 1 ba · 1 car

Sold ~July 2026

$700k

2/8 Lambourn Road

apartment3 bd · 1 ba · 1 car

Sold ~July 2026

$750k

21 Manfred Street

house3 bd · 1 ba · 2 car

Sold ~July 2026

$1.05m

15 Eclipse Crescent

house4 bd · 2 ba · 2 car

Sold ~July 2026

$1.15m

10 Medbury Avenue

house4 bd · 2 ba · 2 car

Sold ~July 2026

$650k

272 Greenwood Drive

house2 bd · 2 car

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

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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.

CheaperPricier
WatsoniaNearby suburbs

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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.

Available now

Properties in Watsonia

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For Sale
$790k–$860k
house

Wonderful 4 Bedroom Family Home on 633sqm in Sought-After Watsonia North

318 Grimshaw Street, Watsonia North VIC 3087
422633 m²
Wayne Hutchinson Real Estate3 months ago
Ask AI about this property
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For Sale
$695k–$765k
house

Spotless Presentation

18 Meakin Street, Watsonia North VIC 3087
312547 m²
Woodards Croydon2 weeks ago
Ask AI about this property
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NewFor Sale
$970k–$1.03m
house

Fresh, Flexible & Perfectly Positioned

55 Orana Drive, Watsonia VIC 3087
321559 m²
Jellis Craig Greensborough and Hurstbridge.Yesterday
Ask AI about this property
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For Sale
$960k–$1.02m
house

Generous Proportions in a Premier Watsonia Setting

1/40 Wattle Drive, Watsonia VIC 3087
422318 m²
Jellis Craig Greensborough and Hurstbridge.3 weeks ago
Ask AI about this property
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For Sale
$960k–$1.03m
house

Timeless Mid-Century Character in Central Watsonia

11 Bungay Street, Watsonia VIC 3087
322725 m²
Jellis Craig Greensborough and Hurstbridge.1 week ago
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For Sale
$800k–$850k
house

Warm And Inviting With Future Possibilities

38 Elwers Street, Watsonia North VIC 3087
312542 m²
Jellis Craig Eltham2 weeks ago
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For Sale
$830k–$900k
house

Stylish Family Living in a Peaceful Court Location

2 Browning Court, Watsonia North VIC 3087
312539 m²
Darren Jones Real Estate1 month ago
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For Sale
$620k–$680k
apartment

Stylish Single-Level Living in a Prime Watsonia Location

3/53-57 Devonshire Road, Watsonia VIC 3087
211
Darren Jones Real Estate1 month ago
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For Sale
$1m–$1.1m
house

Spacious and immediately welcoming

5 Kalista Crescent, Watsonia North VIC 3087
422
Morrison Kleeman Estate Agents3 weeks ago
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For Sale
$735k–$785k
house

Parkside Family Living on 590sqm Approx

18 Gabonia Avenue, Watsonia VIC 3087
312590 m²
Barry Plant Bundoora & Macleod1 month ago
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For Sale
$1.25m–$1.29m
house

Brand New Watsonia Homes - 4 Bed Luxury or 3 Bed Lifestyle Living

30 Kenmare Street, Watsonia VIC 3087
431296 m²
VICPROP Ivanhoe3 months ago
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For Sale
$750k–$790k
house

Comfort, Convenience And Exceptional Value

18 Weatherlake Street, Watsonia VIC 3087
312604 m²
Buckingham & Company1 month ago
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