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.