Suburb Profile Report for Williams Landing VIC (3027)

Williams Landing House: Median price $598,750, Annual capital growth 7.36%, Number of sales 96, Weekly median advertised rent $435

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 8.27% which means that Williams Landing, 3027 has done well for property investors by showing a capital gain of 18.56% over the last year

While Williams Landing,3027 ranked number 138th in VIC for increase in median house value (annualised) increase, it is ranked 98th over the last 5 years.

Property buyers and investors in Williams Landing 3027 should be seeing an average reduction in asking price of around -7.13% . This means that Williams Landing is holding prices well when compared to other suburbs in VIC.

A $435 per week rent on the median house gives suburb investors a gross yield of circa 3.78%, without taking into account capital value appreciation, which has been averaging out at 7.36%.

Metrics i HOUSE UNIT
$598,750 N/A
4.13% N/A
18.56% N/A
7.36% N/A
$435 N/A
96 N/A
3.78% N/A
84.21 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (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
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Recent sales & rentals