Suburb Profile Report for Williamstown VIC (3016)

Williamstown House: Median price $1,255,000, Annual capital growth 7.55%, Number of sales 174, Weekly median advertised rent $590

Williamstown Unit: Median price $590,000, Annual capital growth 6.39%, Number of sales 82, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Williamstown has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.56% to date .

Williamstown,3016 was ranked 1782 in Australia by increase in median property value over the quarter.

Williamstown3016 is located in VIC which offers an average discount of -5.91% to property investors. Williamstown itself is showing figures that indicate -2.91% is the average achievable by property buyers investing in the suburb.

A $590 per week rent on the median house gives suburb investors a gross yield of circa 2.44%, without taking into account capital value appreciation, which has been averaging out at 7.55%.

Williamstown is an average performer in VIC when comparing median price capital growth over the last year. Williamstown gave property investors a good capital gain figure when compared to the rest of the state, with 7.27%.

Over the longer term, Williamstown has seen property prices show investors a 10.80% return over the last 3 years. This is worse than over the last 12 months

Williamstown3016 is located in VIC which offers an average discount of -5.13% to property investors. Williamstown itself is showing figures that indicate -3.75% is the average achievable by property buyers investing in the suburb.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.08%, without taking into account capital value appreciation, which has been averaging out at 6.39%.

Metrics i HOUSE UNIT
$1,255,000 $590,000
1.62% 6.31%
11.56% 7.27%
7.55% 6.39%
$590 $350
174 82
2.44% 3.08%
76.07 87.65

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 13202
Median household income ($/weekly) 1792
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1879 14.2
    25-34 years 1174 8.9
    35-44 years 2076 15.7
    45-54 years 2384 18.1
    55-64 years 1652 12.5
    Others 4037 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 5092 52.7
    Not Married 3774 39.0
    Defacto Relationship 804 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 9897 78.4
    Japan 137 1.1
    Papua New Guinea 207 1.6
    United Kingdom 875 6.9
    Other 391 3.1
    Others 1117 8.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 160 1.3
    Christianity 7941 65.6
    Hinduism 83 0.7
    Islam 106 0.9
    No Religion 3754 31.0
    Others 68 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 484 11.0
    $2,000-$2,499 364 8.3
    $2,500-$2,999 613 13.9
    $3,000-$3,499 403 9.1
    $4,000 or more 411 9.3
    Others 2136 48.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4159 41.4
    Not in the labour force 3104 30.9
    Employed, worked part-time 2145 21.4
    Employed, away from work 349 3.5
    Unemployed, looking for work 283 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1270 19.1
    Professionals 2229 33.5
    Technicians & trades workers 624 9.4
    Clerical & administrative workers 1001 15.1
    Sales 521 7.8
    Others 1006 15.1
    Occupation
    Census Count Percent(%)
    Pre-school 277 8.0
    Infants/Primary 1188 34.2
    Secondary 1027 29.6
    Technical or Further Educational Institution 196 5.7
    University or other Tertiary Institutions 686 19.8
    Others 95 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8873 71.3
    Semi-detached, row or terrace house, townhouse 2319 18.6
    Flat, unit or apartment 1191 9.6
    House or flat attached to a shop, office 63 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1821 38.0
    Being purchased 1654 34.5
    Rented 1287 26.9
    Other tenure type 29 0.6
    Tenure Type
Census 2011, ABS
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