Suburb Profile Report for Williamstown VIC (3016)

Williamstown House: Median price $1,200,000, Annual capital growth 7.33%, Number of sales 193, Weekly median advertised rent $580

Williamstown Unit: Median price $532,000, Annual capital growth 5.87%, Number of sales 80, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$1,200,000 $532,000
5.73% -1.48%
13.21% -9.83%
7.33% 5.87%
$580 $350
193 80
2.51% 3.42%
75.67 83.06

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Williamstown VIC
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
Chart Table
Recent sales & rentals