VIC has seen average median house prices change by 7.80% which means that Williamstown, 3016 has done well for property investors by showing a capital gain of 13.21% over the last year
The five-year average increase in median property values for Williamstown,3016 has given property investors a potential capital gain of 33.33% across each of those five years.
The most recent median price for Williamstown is $1200000, with sellers offering an average of -3.89% off the asking price.
Williamstown, 3016’s gross rental yield is 2.51%
Investment property in Williamstown has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.83%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Williamstown has increased when compared to the 5 year average annual rate.
At number 279th of VIC’s most discounted properties, Williamstown is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 5.87%, investors should hope to achieve an overall return of 3.42%