Property investors who have had real estate in Williamstown North, 3016 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 35.64%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Williamstown North has increased when compared to the 5 year average annual rate.
At number 1009 in a list of fastest selling suburbs, Williamstown North is in the TOP 30% of suburbs in Australia with an average of days on market 55.28 for properties listed there.
Property value increases in Williamstown North have tracked lower than the VIC average of 5.66% over the last 12 months.
Over the longer term, Williamstown North has seen property prices show investors a -18.22% return over the last 3 years. This is an improvement over the last 12 months
With the median price for a house in Williamstown North being $447500 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 3.83%