Watsonia North at a glance
3,785
People
$975,000
Median sale
$540/wk
Median rent
2.88%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Watsonia North › Vicarage Way
$1,270,000
Last sold
14 Feb 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
635 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,270,000
14 Feb 2026 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Watsonia North (last 5 years) with land size have a median of $1,598/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Watsonia North at a glance
3,785
People
$975,000
Median sale
$540/wk
Median rent
2.88%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Watsonia North
+30.3%
Median sale
Suburb $975,000
-0.67 pp
Gross yield
Suburb 2.88%
Suburb median $975,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 2
GRZ2
Jurisdiction
Banyule
Banyule, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 637 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 637 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; VEGETATION PROTECTION OVERLAY - SCHEDULE 5. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $540/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 637 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 637 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; VEGETATION PROTECTION OVERLAY - SCHEDULE 5. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Nearby
Area
Watsonia North at a glance
3,785
People
$975,000
Median sale
$540/wk
Median rent
2.88%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant North Eastern GroupA prime time offering for families who desire multiple living zones, tasteful interiors with stylish modern upgrades, and alfresco entertaining highlights that will come in handy in Melbourne's warm summer months, this standout 4 bedroom + study, 3 bathroom residence is ready for all comers right next to Binnak Park.
With a charming location right next to a picturesque park trail giving you scenic views of mature trees from your own backyard, this standout home hits the mark on so many levels. A generous sunken rumpus room just off the entry will make the perfect games room for those who love billiards or a spot of table tennis. There are even more living zones to enjoy on the ground floor, including the very elegant formal lounge and dining room along with a private and elevated family room.
Adore the large size of the casual meals and kitchen area, with the kitchen offering the best of both worlds including timber cabinetry and stainless steel appliances. An upstairs area is split into a cosy retreat and study nook, with 4 bedrooms enhancing the top level including the master bedroom with dual mirrored built-in robes with walk-in area, ensuite, and access to a sizeable balcony.
The oversized rear covered entertainer's terrace will be a delight for dining every night in summer, while the gas heated swimming pool and spa will also get a great workout on the warmer days. This entire back area offers tall mature hedges for ultimate privacy. Other property features include a downstairs study/5th bedroom, downstairs bathroom, laundry, ducted heating, reverse cycle cooling, under stairs storage, and an extra-large single garage.
Just a short trip to the lovely Bundoora Square Shopping Centre, DFO Uni Hill for those who love a retail bargain, Parade College, Bundoora Secondary College, Watsonia North Primary School, La Trobe University, Edmund Rice Parade Reserve, Bodkin Avenue Reserve, Warrawee Park, buses, trams, Watsonia Station, and Metropolitan Ring Road.
Listing description written by David Moxon, Barry Plant North Eastern Group — reproduced as published, not verified by Districts.