Property investors who have had real estate in Williamstown, 3016 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.17%
The five-year average increase in median property values for Williamstown,3016 has given property investors a potential capital gain of 33.96% across each of those five years.
Our latest figures would indicate that property sellers in Williamstown are currently offering property investors an average price cut of -6.01% below the asking price at the moment.
Often selling an investment property can take time, and in Williamstown the average time real estate has been on the market is 79.7973 days.
Situated 8.08km from the CBD, Williamstown is one of Hobsons Bay (C) localities in the postcode 3016.
VIC has seen average median house prices change by 6.11% which means that Williamstown, 3016 has done well for property investors by showing a capital gain of -0.76% over the last year
Taking the average capital gain, or increase in median house value, Williamstown,3016 has racked up an average of -0.76% over the period. This ranks it number 503th in the whole country for real estate investors looking at median house price increases.
At number 57th of VIC’s most discounted properties, Williamstown is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Williamstown have been waiting around 104.355 days to sell a property.
The VIC suburb of Williamstown, 3016 is in the Hobsons Bay (C) local government area.