54 Elder St, Watsonia is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 697m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Whether you are a fearless renovator, developer or looking to build your brand new home (STCA), this Greensborough property is bound to excite. There are so many options laid out before you here thanks to a generous 700m2 (approx.) allotment, a sturdy 2-storey residence and a fantastic location just a short walk from Watsonia train station, shops, Greensborough College and more. The high-potential residence delivers 3 bedrooms, including the master with its own retreat area. There are also 2 living areas, 2 bathrooms, classic kitchen and a separate bungalow for added flexibility. Enjoying a fantastic north-easterly aspect that catches the morning sun and brings beautiful natural light, imagine the possibilities!
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 2,748 properties. Over the last 5 years, Houses in Watsonia have seen a 12.71% increase in median value, while Units have seen a 5.11% increase. As at 30 April 2026:
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