73 Devonshire Road, Watsonia, VIC 3087 | Property Value & History | OnTheHouse
OFF MARKET

73 Devonshire Road
Watsonia VIC 3087

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 292m2
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Property Details for 73 Devonshire Rd, Watsonia

Building Type
Commercial
Floor Size
47m2
Land Size
292m2
Local Government
Banyule
Lot/Plan
2/LP55933

Last Listing description (February 2025)

Two For The Price of One

*** Offers Due: Monday 24th Nov at 6pm ***

Located in the heart of Watsonia, this amazing opportunity offers endless options. On offer is a great retail/shop boasting a fully serviced kitchen, counter and sitting area that will be presented vacant and a rental return expected at $20,000/annum along with a separate stand alone 2 bedroom unit at the rear.

The home comprises polished floor boards throughout the home, which lead through to a modern kitchen equipped with granite benchtops, quality stainless steel appliances and breakfast bar overlooking family meals area. Offering 2 great size bedrooms with master featuring a huge walk-in robe and large modern bathroom. A separate dining area has the option to be converted into a bedroom.

Further features include split system heating/cooling, ceiling fan, open fireplace, single car remote control garage (with shared access) and low maintenance garden.

The unit is currently leased at $440 per week ($1912 per month).

Great flexibility in a prime location rarely seen.

Both sold as one.

Land Size: 294m2 approx.
Deposit: 10% Of The Sale Price
Settlement: 30/60/90 Days

Property History for 73 Devonshire Rd, Watsonia, VIC 3087

A timeline of how this property has performed in the market
Last Sold
$800,000
21 Nov 2024
Listed for Rent
$383/w
29 Jan 2025
  • 21 Nov 2024
    Sold for $800,000
  • 29 Oct 2024
    Listed for Sale UNDER OFFER: $780,000 - $850,000
  • 27 Mar 2024
    Listed for Rent $400 / 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 2,750 properties. Over the last 5 years, Houses in Watsonia have seen a 14.22% increase in median value, while Units have seen a 10.89% increase. As at 31 March 2026:

  • The median value for Houses in Watsonia is $1,006,846 while the median value for Units is $709,510.
  • Houses have a median rent of $578 while Units have a median rent of $550.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Watsonia on OnTheHouse. According to Cotality's data, 101 properties were sold in the past 12 months in Watsonia.

Suburb Insights for Watsonia 3087

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.