287 Grimshaw Street, Watsonia, VIC 3087 sold on 26 April 2025 | OnTheHouse
 
SOLD
Sold on 26 Apr 2025 - Price Unavailable

287 Grimshaw Street
Watsonia VIC 3087

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 378m2
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Property Details for 287 Grimshaw St, Watsonia

287 Grimshaw St, Watsonia is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 378m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom House sold in Watsonia in the last 12 months.

Building Type
House
Land Size
378m2

Last Listing description (April 2025)

Perfectly positioned on a 378m² (approx.) corner allotment, this unique property presents an outstanding opportunity for first-home buyers, investors, or developers alike. Located just moments from the vibrant Watsonia Road shopping precinct, train station, and bus services along Grimshaw Street, convenience is at your doorstep. Plus, with easy access to Greensborough Plaza and the upcoming North East Link, future growth is assured.

Retaining its original red brick charm, the home has been cleverly divided into two separate residences, each currently tenanted and generating a combined rental income of $2,713 per month. Ideal for those seeking a solid investment, the existing setup offers flexibility and strong returns. For those looking to occupy, the property provides exceptional accommodation, featuring 2 bedrooms, two bathrooms, two kitchens, and a lock up garage plus off street parking. Whether you choose to maintain its dual-income potential, renovate to occupy or explore development possibilities (STCA), this is a rare find in a highly sought-after location.

Land size: 378m2 approx

Deposit: 10% of the purchase price
Settlement preference: 30/60 days
Rental assessment: Currently leased at $2713 pcm

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Property History for 287 Grimshaw St, Watsonia, VIC 3087

A timeline of how this property has performed in the market
Last Sold
26 Apr 2025
Listed for Rent
29 Oct 2024
  • 26 Apr 2025
    Sold for $677,000
  • 01 Apr 2025
    Listed for Sale $620,000 - $680,000
  • 14 Oct 2024
    Listed for Rent $405 / week
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About Watsonia 3087

The size of Watsonia is approximately 2.3 square kilometres. It has 8 parks covering nearly 10.0% of total area. The population of Watsonia in 2016 was 5214 people. By 2021 the population was 5352 showing a population growth of 2.6% in the area during that time. The predominant age group in Watsonia is 30-39 years. Households in Watsonia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watsonia work in a professional occupation.In 2021, 68.20% of the homes in Watsonia were owner-occupied compared with 67.90% in 2016.

Watsonia has 2,753 properties. Over the last 5 years, Houses in Watsonia have seen a 23.88% increase in median value, while Units have seen a 16.66% increase. As at 31 January 2026:

  • The median value for Houses in Watsonia is $1,013,266 while the median value for Units is $686,925.
  • Houses have a median rent of $570 while Units have a median rent of $520.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Watsonia on OnTheHouse. According to Cotality's data, 101 properties were sold in the past 12 months in Watsonia.

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