Suburb Profile Report for Williamstown North VIC (3016)

Williamstown North House: Median price $862,500, Annual capital growth 8.44%, Number of sales 17, Weekly median advertised rent $465

Williamstown North Unit: Median price $546,500, Annual capital growth -0.90%, Number of sales 10, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Williamstown North have tracked close to the VIC average of 8.13% over the last 12 months.

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.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Williamstown North, 3016. Typically our figures indicate that -3.19% is being offered, which puts this VIC suburb at 3495th most discounted overall in Australia.

Williamstown North, 3016’s gross rental yield is 2.80%

Williamstown North, 3016 ranked 182th in VIC when comparing growth in median property values or capital gain over the last 12 months. Williamstown North is one of 2098 in our list for VIC

Over the longer term, Williamstown North has seen property prices show investors a 0.28% return over the last 3 years. This is an improvement over the last 12 months

Williamstown North, 3016’s gross rental yield is 3.04%

HOUSE UNIT
$862,500 $546,500
1.47% -4.71%
10.58% 4.10%
8.44% -0.90%
$465 $320
17 10
2.80% 3.04%
35.4 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1543
Median household income ($/weekly) 1073
Median age of persons 41
Median housing loan repayment ($/monthly) 1997
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 194 12.6
    25-34 years 190 12.3
    35-44 years 232 15.0
    45-54 years 265 17.2
    55-64 years 184 11.9
    Others 479 31.0
    Age Group
    Census Count Percent(%)
    Not Married 587 50.2
    Registered Married 461 39.4
    Defacto Relationship 121 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1079 72.4
    Indonesia 29 1.9
    Papua New Guinea 32 2.1
    United Kingdom 119 8.0
    Other 66 4.4
    Others 166 11.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 2.5
    Christianity 884 62.6
    Hinduism 27 1.9
    Islam 27 1.9
    No Religion 429 30.4
    Others 10 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 58 9.8
    $400-$599 48 8.1
    $600-$799 56 9.5
    $1,500-$1,999 60 10.2
    $2,500-$2,999 48 8.1
    Others 320 54.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 481 38.5
    Not in the labour force 452 36.2
    Employed, worked part-time 204 16.3
    Unemployed, looking for work 58 4.6
    Employed, away from work 55 4.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 111 15.1
    Professionals 184 25.0
    Technicians & trades workers 91 12.4
    Community & personal service workers 76 10.3
    Clerical & administrative workers 115 15.6
    Others 158 21.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 134 35.0
    Secondary 93 24.3
    Technical or Further Educational Institution 38 9.9
    University or other Tertiary Institutions 79 20.6
    Other type of educational institution 20 5.2
    Others 19 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 655 45.7
    Semi-detached, row or terrace house, townhouse 479 33.4
    Flat, unit or apartment 180 12.6
    Caravan, cabin, houseboat 104 7.3
    House or flat attached to a shop, office 11 0.8
    Others 3 0.2
    Dwelling Structure
    Census Count Percent(%)
    Rented 255 40.5
    Fully owned 187 29.7
    Being purchased 182 28.9
    Other tenure type 5 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals