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 10.71%.
Over the longer term, Williamstown has seen property prices show investors a 36.04% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Williamstown is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 609th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Williamstown the average time real estate has been on the market is 70.07 days.
With the median price for a house in Williamstown being $1240000 and the advertised rent reaching $592.5 the gross rental yield for property investors calculates out to be 2.48%
Property investors who have had real estate in Williamstown, 3016 should be relatively 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 -1.84%
Comparing Williamstown,3016 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Williamstown is giving property investors an average Vendor Discount of around -3.93%. This puts suburb at number 238th in VIC when ranking the most discounted suburbs.