Suburb Profile Report for Williams Landing VIC (3027)

Williams Landing House: Median price $581,000, Annual capital growth 7.22%, Number of sales 112, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report

Investment property in Williams Landing has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.09%

If we look at median property appreciation over just the last three months, Williams Landing has given property investors a paper return of 3.75%. This puts Suburb as 185 on a list of fastest fasting appreciating suburbs in VIC

Property investors looking for a bargain in Williams Landing should be aiming for at least -7.08% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Williams Landing the average time real estate has been on the market is 85.39 days.

Renters in Suburb are facing rents around $5160 per annum or $430 every week.

HOUSE UNIT
$581,000 N/A
3.75% N/A
18.09% N/A
7.22% N/A
$430 N/A
112 N/A
3.85% N/A
85.39 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 3222
Median household income ($/weekly) 1842
Median age of persons 30
Median housing loan repayment ($/monthly) 2200
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 400 12.4
    5-14 years 360 11.2
    25-34 years 1031 32.0
    35-44 years 569 17.7
    45-54 years 276 8.6
    Others 587 18.2
    Age Group
    Census Count Percent(%)
    Registered Married 1267 57.0
    Not Married 733 33.0
    Defacto Relationship 221 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1519 49.8
    Indonesia 447 14.7
    Papua New Guinea 146 4.8
    Philippines 141 4.6
    Other 240 7.9
    Others 556 18.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 157 5.3
    Christianity 1379 46.6
    Hinduism 403 13.6
    Islam 293 9.9
    No Religion 639 21.6
    Others 90 3.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 82 8.6
    $1,250-$1,499 84 8.8
    $1,500-$1,999 166 17.4
    $2,000-$2,499 165 17.3
    $2,500-$2,999 117 12.3
    Others 341 35.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1290 55.4
    Not in the labour force 473 20.3
    Employed, worked part-time 371 15.9
    Employed, away from work 101 4.3
    Unemployed, looking for work 94 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 192 10.9
    Professionals 454 25.8
    Technicians & trades workers 216 12.3
    Community & personal service workers 180 10.2
    Clerical & administrative workers 285 16.2
    Others 431 24.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 226 32.6
    Secondary 137 19.7
    Technical or Further Educational Institution 64 9.2
    University or other Tertiary Institutions 146 21.0
    Other type of educational institution 61 8.8
    Others 60 8.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2639 88.6
    Semi-detached, row or terrace house, townhouse 300 10.1
    Flat, unit or apartment 39 1.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 687 67.0
    Rented 248 24.2
    Fully owned 84 8.2
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals