Giving property investors a an unimpressive capital gain of -0.37% for the last year, Williamstown, 3016 is the 2458th highest performer in Australia in this respect.
Williamstown,3016 was ranked 1907 in Australia by increase in median property value over the quarter.
Williamstown3016 is located in VIC which offers an average discount of -6.14% to property investors. Williamstown itself is showing figures that indicate -5.75% is the average achievable by property buyers investing in the suburb.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.51%, without taking into account capital value appreciation, which has been averaging out at 5.07%.
Giving property investors a an average capital gain of 3.08% for the last year, Williamstown, 3016 is the 609th highest performer in Australia in this respect.
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.
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 -8.14% is being offered, which puts this VIC suburb at 112th most discounted overall in Australia.
With the median price for a house in Williamstown being $670000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.65%