Suburb Profile Report for Williamstown VIC (3016)

Williamstown House: Median price $1,350,000, Annual capital growth 7.86%, Number of sales 175, Weekly median advertised rent $600

Williamstown Unit: Median price $585,000, Annual capital growth 6.45%, Number of sales 88, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Williamstown, 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 19.47%

Williamstown,3016 has offered an average of 19.47% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Williamstown are currently offering property investors an average price cut of -3.46% below the asking price at the moment.

In the last year 175 properties changed hands in Williamstown, which puts it as the 143th most active market in VIC when comparing the number of sales per suburb.

Situated 8.04km from the CBD, Williamstown is one of Hobsons Bay localities in the postcode 3016.

Williamstown, 3016 ranked 132th in VIC when comparing growth in median property values or capital gain over the last 12 months. Williamstown is one of 2098 in our list for VIC

Williamstown,3016 has offered an average of 7.83% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Williamstown 3016 should be seeing an average reduction in asking price of around -2.41% . This means that Williamstown is holding prices well when compared to other suburbs in VIC.

On average over the past year, suburb has had 7.33 sales per month, which equates to 88 per year.

Metrics i HOUSE UNIT
$1,350,000 $585,000
3.61% 0.00%
19.47% 7.83%
7.86% 6.45%
$600 $360
175 88
2.31% 3.20%
70.61 97

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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