Suburb Profile Report for Williamstown VIC (3016)

Williamstown House: Median price $1,312,500, Annual capital growth 7.48%, Number of sales 179, Weekly median advertised rent $595

Williamstown Unit: Median price $570,000, Annual capital growth 6.19%, Number of sales 77, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Williamstown have tracked just higher than the VIC average of 9.78% over the last 12 months.

A 47.06% growth in median value for property investors in Williamstown,3016 puts this suburb at number 218th in terms of best performing suburbs in VIC

At number 503th 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.

At number 746th in the list of Australian suburbs ordered by increase in median house value over the last year, Williamstown, 3016 is in the top half with a property value increase of 4.59% recorded in median house prices.

While Williamstown,3016 ranked number 292th in VIC for increase in median house value (annualised) increase, it is ranked 100th over the last 5 years.

Property buyers and investors in Williamstown 3016 should be seeing an average reduction in asking price of around -2.54% . This means that Williamstown is holding prices well when compared to other 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 89.46 days.

Metrics i HOUSE UNIT
$1,312,500 $570,000
4.29% -1.72%
16.56% 4.59%
7.48% 6.19%
$595 $350
179 77
2.36% 3.19%
70.2 89.46

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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Recent sales & rentals