Watsonia at a glance
5,645
People
$987,500
Median sale
$540/wk
Median rent
2.84%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Watsonia › Nell Street West
$1,475,000
Last sold
8 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
725 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,475,000
8 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Watsonia (last 5 years) with land size have a median of $1,698/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Watsonia at a glance
5,645
People
$987,500
Median sale
$540/wk
Median rent
2.84%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Watsonia
+49.4%
Median sale
Suburb $987,500
-0.94 pp
Gross yield
Suburb 2.84%
Suburb median $987,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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.
Area
Watsonia at a glance
5,645
People
$987,500
Median sale
$540/wk
Median rent
2.84%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Morrison Kleeman Estate Agents Eltham Greensborough DoreenSOLD by Morrison Kleeman- This thoughtfully renovated home on a 725m2 allotment (approx.) combines timeless charm and an array of indoor-outdoor living, entertaining and options to deliver relaxed living and enticing family flexibility.
Peacefully positioned in one of Watsonia's most sought-after, family-friendly locales, it's a short walk to the delights of Watsonia Village, including its dining, café, and entertainment options, as well as the station, along with a choice of public and private schools, and parks.
Timber floors feature throughout a floor plan that introduces a spacious lounge complemented by a dining room that sweeps through to the kitchen. Timber bench tops, gloss-finished soft-close cabinetry, and stainless-steel appliances come seamlessly together in a chef's sanctuary that stretches into an open-plan living and meals area. Set under soaring cathedral ceilings, it flows effortlessly to the alfresco area.
Covered, decked and perfect for relaxed outdoor enjoyment with friends and family, it anchors a rear yard offering a pool in paved surrounds and a versatile two-room studio.
Complete with a kitchen and bathroom, it will work brilliantly as teen or multi-generational accommodation or a fabulous space to work from home without actually working in your home!
Served by a modern family bathroom, three sizeable, robed bedrooms are thoughtfully zoned from the main suite. Introducing an en-suite offering a double shower and a spa, it stretches into a conservatory-style retreat perfect for a wine, a book, or the news feed.
Further extras include a shed, in-roof storage with drop-down access, a fitted laundry opening to a powder room, ducted heating and cooling, a split system unit, a woodfire heater and a gated tandem carport.
***PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS***
Listing description written by Dennis Langham, Morrison Kleeman Estate Agents Eltham Greensborough Doreen — reproduced as published, not verified by Districts.
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