Suburb Profile Report for Williamstown VIC (3016)

Williamstown House: Median price $1,370,000, Annual capital growth 7.09%, Number of sales 166, Weekly median advertised rent $600

Williamstown Unit: Median price $585,000, Annual capital growth 6.27%, Number of sales 77, Weekly median advertised rent $378

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

Source: CoreLogic

  • House Report
  • Unit Report

Williamstown has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 14.17% to date .

Comparing Williamstown,3016 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Williamstown, 3016. Typically our figures indicate that -3.96% is being offered, which puts this VIC suburb at 2993th most discounted overall in Australia.

Property investors should expect to get $600 weekly from the median priced house in this suburb.

Williamstown, 3016 ranked 219th 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

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.

The most recent median price for Williamstown is $585000, with sellers offering an average of -2.89% off the asking price.

Often selling an investment property can take time, and in Williamstown the average time real estate has been on the market is 104.96 days.

Williamstown is 288th on a list of best yielding suburbs for rents in VIC with a 3.36% return

Metrics i HOUSE UNIT
$1,370,000 $585,000
3.01% 0.00%
14.17% 3.45%
7.09% 6.27%
$600 $378
166 77
2.28% 3.36%
75.03 104.96

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
Chart Table
Recent sales & rentals