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Watsons Bay Suburb Insights
VICLocation Information
Suburb Name
Watsons Bay, VIC
Distance from CBD
5.7 kmDemographics
Population
850
Median Income
$54,184
Area Information
Area
0.61 km²
Population Density
1393 people/km²
Property Market
Median Price
$602,356
Annual Growth
+6%Property Price Trend Analysis
Current Median Price
$602,356
Annual Growth
+6%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$838,184
+9.1%2024-02
$652,419
+8.6%2024-03
$959,050
+8.5%2024-04
$1,071,756
+8.2%2024-05
$971,985
+14.8%2024-06
$938,384
+20.2%Property Type Price Analysis
House
Median Price
$1,057,859
Growth Rate
+10.1%Available Listings
170 properties
Apartment
Median Price
$565,352
Growth Rate
+7.5%Available Listings
241 properties
Townhouse
Median Price
$464,443
Growth Rate
+7%Available Listings
314 properties
Investment Potential Assessment
Investment Advantages
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy