Over the last year, property investments in Williamstown North, 3016 have given investors a capital gain of 41.69%. This compares very favourably with the 8.27% for VIC as a whole.
The five-year average increase in median property values for Williamstown North,3016 has given property investors a potential capital gain of 50.32% across each of those five years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Williamstown North itself are offering an average vendor discount of -0.53% to real estate investors.
Often selling an investment property can take time, and in Williamstown North the average time real estate has been on the market is 43.92 days.
Situated 8.56km from the CBD, Williamstown North is one of Hobsons Bay localities in the postcode 3016.
Property investors who have had real estate in Williamstown North, 3016 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.02%
Over the longer term, Williamstown North has seen property prices show investors a -1.50% return over the last 3 years. This is worse than over the last 12 months
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.