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.