Banyule · 3087
Watsonia, VIC
listings tightening 7.0% YoY, 8.3%/yr capital growth.
NextSuburb scoreTier C
56Average
Median house
$1.09M
5y growth
8.3%/yr
Gross yield
1.8%
Vacancy
1.3%
Growth-led, low cashflowMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)8.3%/yr83/100
- Population growth+7.8% (5y)78/100
- Supply tightening-7.0% YoY85/100
- Rental yield1.8%37/100
- Rental demand1.3% vacancy68/100
- Income growth+17.0% (5y)68/100
- Construction pipelineno nearby pipeline0/100
- Affordability27% under cap27/100
Why this score
Watsonia scores 56/100 (Average). The two strongest signals: 8.3%/yr capital growth over five years and 7.8% population growth over five years. The standout watch-out: gross yield of 1.8% leaves modest cashflow.
Drivers
- Supply tightening-7.0% YoY
- Capital growth8.3%/yr
- Population growth+7.8% (5y)
- Income growth+17.0% (5y)
Risks
- Thin gross yield (1.8%)
- No major construction project in this state
Nearest infrastructure
North East Link — Bulleen7.0 km away
Construction · $16.5bn · completion 2028
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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