Suburb Profile Report for Williamstown VIC (3016)

Williamstown House: Median price $1,460,000, Annual capital growth 6.76%, Number of sales 173, Weekly median advertised rent $628

Williamstown Unit: Median price $597,500, Annual capital growth 6.98%, Number of sales 64, Weekly median advertised rent $393

  • 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 lower than the VIC average of 8.91% over the last 12 months.

If we look at median property appreciation over just the last three months, Williamstown has given property investors a paper return of -2.47%. This puts Suburb as 601 on a list of fastest fasting appreciating suburbs in VIC

The most recent median price for Williamstown is $1460000, with sellers offering an average of -5.30% off the asking price.

Advertised rents are around the $627.5 mark per week – giving a return of 2.23% based on the median price in Suburb

Over the last year, property investments in Williamstown, 3016 have given investors a capital gain of 1.27%. This compares badly with the 7.73% for VIC as a whole.

The five-year average increase in median property values for Williamstown,3016 has given property investors a potential capital gain of 38.15% across each of those five years.

Property investors looking for a bargain in Williamstown should be aiming for at least -3.61% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1229 in a list of fastest selling suburbs, Williamstown is in the bottom 20% of suburbs in Australia with an average of days on market 103.03 for properties listed there.

The VIC suburb of Williamstown, 3016 is in the Hobsons Bay local government area.

Metrics i HOUSE UNIT
$1,460,000 $597,500
-2.47% 1.27%
6.28% 1.27%
6.76% 6.98%
$628 $393
173 64
2.23% 3.42%
68.52 103.03

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