Suburb Profile Report for Williamstown VIC (3016)

Williamstown House: Median price $1,400,000, Annual capital growth 6.64%, Number of sales 170, Weekly median advertised rent $625

Williamstown Unit: Median price $617,500, Annual capital growth 6.13%, Number of sales 42, Weekly median advertised rent $480

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

Over the last year, property investments in Williamstown, 3016 have given investors a capital gain of -3.45%. This compares badly with the 4.75% for VIC as a whole.

Williamstown,3016 was ranked 3988 in Australia by increase in median property value over the quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Williamstown itself are offering an average vendor discount of -4.03% to real estate investors.

On average over the past year, suburb has had 14.17 sales per month, which equates to 170 per year.

Giving property investors a a stable capital gain of 4.66% for the last year, Williamstown, 3016 is the 541th highest performer in Australia in this respect.

While Williamstown,3016 ranked number 140th in VIC for increase in median house value (annualised) increase, it is ranked 288th over the last 5 years.

The most recent median price for Williamstown is $617500, with sellers offering an average of -4.28% off the asking price.

Residents and property investors in Williamstown have been waiting around 124.4 days to sell a property.

Renters in Suburb are facing rents around $24960 per annum or $480 every week.

Metrics i HOUSE UNIT
$1,400,000 $617,500
-5.88% 0.26%
-3.45% 4.66%
6.64% 6.13%
$625 $480
170 42
2.32% 4.04%
99.6 124.4

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Above average (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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