Part of Nillumbik, VIC
| Median Weekly Rent | $376.00 |
| Median Monthly Mortgage | $2500.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 51.00 |
| Average Income | $970.00 |
| Average Cars Per Dwelling | 2.75 |
| Average Properties Within 50M | 1 |
| 3 bed property | $1,363,000 |
| 5 bed property | $2,012,000 |
| 6 bed+ property | $2,723,000 |
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Thinking about buying in Watsons Creek? Now could not be a better time, with just 33 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,033,000 with prices in this suburb ranging from $1,364,000 to $2,724,000. The approximate distance to the coast is 31 Km.
In Watsons Creek there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Watsons Creek is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Watsons Creek provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Watsons Creek to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Watsons Creek we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Watsons Creek a better buying opportunity than it may have been in the past.
Instant Property Valuation| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2025-03-13 | $280,000 | 10 Watsons Creek-Tilmunda Road | Watsons Creek, VIC |
| 2024-04-30 | $375,000 | 8 Den Mountain Road | Watsons Creek, VIC |
| 2022-06-27 | $30,000 | 17 Watsons Creek-Tilmunda Road | Watsons Creek, VIC |
| 2022-06-14 | $130,000 | 476 Roseneath Road | Watsons Creek, VIC |
| 2022-05-20 | $1,250,000 | 471 Watsons Creek-Tilmunda Road | Watsons Creek, VIC |
| 2022-01-13 | $585,000 | 2202 Watsons Creek Road | Watsons Creek, VIC |
| 2021-11-19 | $540,000 | 114 Hazelglen Road | Watsons Creek, VIC |
| 2020-11-18 | $261,000 | 184 Glen Barra Road | Watsons Creek, VIC |
| 2020-10-28 | $260,000 | 220 Glen Barra Road | Watsons Creek, VIC |
| 2020-08-05 | $546,666 | 2418 Watsons Creek Road | Watsons Creek, VIC |
| 2018-03-22 | $120,000 | 184 Glen Barra Road | Watsons Creek, VIC |
| 2017-07-31 | $350,000 | 219 Glen Barra Road | Watsons Creek, VIC |
| 2017-02-15 | $1,280,000 | 1049 Bungendore Spur Road | Watsons Creek, VIC |
| 2016-10-17 | $590,000 | 471 Watsons Creek-Tilmunda Road | Watsons Creek, VIC |
| 2016-09-23 | $260,000 | 2300 Watsons Creek Road | Watsons Creek, VIC |
| 2016-07-18 | $700,000 | 120 Hazelglen Road | Watsons Creek, VIC |
| 2016-05-25 | $16,000 | 512 Watsons Creek-Tilmunda Road | Watsons Creek, VIC |
| 2014-11-04 | $950,000 | 2113 Watsons Creek Road | Watsons Creek, VIC |
| 2014-08-26 | $60,000 | 500 Watsons Creek-Tilmunda Road | Watsons Creek, VIC |
| 2013-10-08 | $155,000 | 1434 Bungendore Spur Road | Watsons Creek, VIC |
| 2013-08-14 | $115,000 | 10 Watsons Creek-Tilmunda Road | Watsons Creek, VIC |
| 2013-07-12 | $275,000 | 153 Watsons Creek-Tilmunda Road | Watsons Creek, VIC |
| 2013-02-21 | $283,000 | 109 Watsons Creek-Tilmunda Road | Watsons Creek, VIC |
| 2010-08-12 | $70,000 | 476 Roseneath Road | Watsons Creek, VIC |
| 2010-01-22 | $315,000 | 2201 Halls Creek Road | Watsons Creek, VIC |
| 2006-01-24 | $80,000 | 138 Glen Barra Road | Watsons Creek, VIC |
| 2005-09-09 | $340,000 | 2418 Watsons Creek Road | Watsons Creek, VIC |
| 2005-07-25 | $282,500 | 2202 Watsons Creek Road | Watsons Creek, VIC |
| 2005-05-27 | $190,000 | 109 Watsons Creek - Tilmunda Road | Watsons Creek, VIC |
| 2004-12-10 | $55,000 | 10 Watsons Creek - Tilmunda Road | Watsons Creek, VIC |
No local schools recorded within the suburb boundary.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
| Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
| Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
| Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
| May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
| Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
| Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
| Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
| Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
| Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
| Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
| Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
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