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VIC 3087 · City of Banyule

Watsonia home appraisal and house prices

A free home appraisal in Watsonia tells you what your home could sell for. As a guide, the median house price in Watsonia was $1,053,500 in the March quarter 2026, from 9 house sales, according to the Victorian Government's Property Sales Report. That's up 19.6% on the same quarter a year earlier.

A median is a starting point, not your home's value: block size, condition and street all move the price. For a price range on your home, ask for a free appraisal from a local agent.

Fewer than 10 houses sold in Watsonia that quarter, so this median can move a lot from one quarter to the next.

Median house, Mar qtr 2026
$1,053,500
Fewer than 10 sales
Change on a year earlier
+19.6%
Houses sold, Mar qtr 2026
9
2015 to 2025
+61.4%
+4.9% a year
Median unit, Mar qtr 2026
$755,000

Watsonia house prices over ten years

Between 2015 and 2025 the yearly median house price in Watsonia went from $607,500 to $980,500, up 61.4% (about +4.9% a year), according to the Valuer-General's yearly figures. The growth rate is our calculation.

Watsonia's median house price, 2015 to 2025

Median sale price of houses for each calendar year

$0$200K$400K$600K$800K$1M$1.2M20152016201720182019202020212022202320242025$608k$981k

Source: Department of Transport and Planning, Victorian Government, Victorian Property Sales Report (time series to 2025), CC BY 4.0

Show the data
DateValue
2015$607,500
2016$698,000
2017$835,000
2018$795,000
2019$736,000
2020$790,000
2021$980,000
2022$908,500
2023$875,500
2024$1,000,500
2025$980,500

Free home appraisal in Watsonia

A median tells you about the suburb, not your home. A local agent looks at your place and recent sales on your streets, and gives you a price range. It's free and you don't have to sell.

The last five quarters

Quarterly medians move more than yearly ones, because each covers fewer sales. The March quarter 2026 median is up 2.3% on the quarter before, according to the Victorian Government's Property Sales Report.

Watsonia median house price by quarter

  • Jan–Mar 2025

    $880,500
  • Apr–Jun 2025

    $941,000
  • Jul–Sep 2025

    $1,115,600
  • Oct–Dec 2025

    $1,030,000
  • Jan–Mar 2026 (fewer than 10 sales)

    $1,053,500

Medians marked 'fewer than 10 sales' are flagged by the Valuer-General as less reliable.

Source: Department of Transport and Planning, Victorian Government, Victorian Property Sales Report, March quarter 2026, CC BY 4.0

Show the data
ItemValue
Jan–Mar 2025$880,500
Apr–Jun 2025$941,000
Jul–Sep 2025$1,115,600
Oct–Dec 2025$1,030,000
Jan–Mar 2026 (fewer than 10 sales)$1,053,500

How Watsonia compares with nearby suburbs

Watsonia is the 11th most expensive of the 14 suburbs we cover in the City of Banyule, where the middle suburb's median is $1,320,000 in the March quarter 2026 (our calculation from the Victorian Government's Property Sales Report).

Close by and cheaper in the March quarter 2026: Greensborough ($1.04m) and Bundoora ($905k), according to the same report.

Close by and dearer in the March quarter 2026: Macleod ($1.41m), Viewbank ($1.23m) and Montmorency ($1.17m), according to the same report.

Median house price: Watsonia and its nearest suburbs

Distance is between suburb centres

  • Rosanna, 3.9 km

    $1.43m
  • Macleod, 1.6 km

    $1.41m
  • Viewbank, 3 km

    $1.23m
  • Montmorency, 3.8 km

    $1.17m
  • Watsonia (this suburb)

    $1.05m
  • Greensborough, 1.6 km

    $1.04m
  • Bundoora, 2.7 km

    $905k

Source: Department of Transport and Planning, Victorian Government, Victorian Property Sales Report, March quarter 2026, CC BY 4.0

Show the data
ItemValue
Rosanna, 3.9 km$1.43m
Macleod, 1.6 km$1.41m
Viewbank, 3 km$1.23m
Montmorency, 3.8 km$1.17m
Watsonia (this suburb)$1.05m
Greensborough, 1.6 km$1.04m
Bundoora, 2.7 km$905k

Questions about Watsonia house prices

What is the median house price in Watsonia?

$1,053,500 in the March quarter 2026, from 9 sales, according to the Victorian Government's Property Sales Report. Fewer than 10 houses sold that quarter, so treat it as a rough guide.

How much have house prices grown in Watsonia?

The yearly median went from $607,500 in 2015 to $980,500 in 2025, up 61.4% or about +4.9% a year, according to the Victorian Government's Property Sales Report. The highest yearly median was $1,000,500 in 2024.

What suburbs near Watsonia are cheaper?

Nearby suburbs with a lower median house price are Greensborough ($1.04m) and Bundoora ($905k). Compare every suburb in Banyule.

Is a free appraisal the same as a property valuation in Watsonia?

No. An appraisal is a local agent's opinion of the price your home would likely sell for, and it's free. A property valuation is a formal report from a certified practising valuer, usually paid for and needed for lending, legal or tax purposes. For deciding whether and when to sell, an appraisal is what most owners start with.

How do I find out what my Watsonia home is worth?

A suburb median can't tell you about your block, its condition or your street. Ask a local agent for an appraisal: it's free and you don't have to sell. You can request one here.

Where these figures come from

Every price on this page is a median sale price published by the Department of Transport and Planning, Victorian Government in the Victorian Property Sales Report (opens in a new tab) and its yearly time series (opens in a new tab), used under CC BY 4.0. Distances, rankings and growth rates are our calculations from those figures. A median is the middle sale price, not the value of any one home. Figures last updated 1 October 2026.