AREA REPORTS

Williamstown

 

 

Suburb Profile

Williamstown - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3016

house
unit

WILLIAMSTOWN, 3016 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling WILLIAMSTOWN, 3016 values up and netting property investors a capital gain of 4.29% for the past year.

Investors saw the median home price rise to $1,460,000.

Profits due to an upward trend in home prices in the suburb averaged 14.85% per annum over a 3-year period.

WILLIAMSTOWN now ranks at the 524th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in WILLIAMSTOWN are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $620 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WILLIAMSTOWN, homes and units usually stay on listing for an average of 66.6 days.

In 2016, 191 properties were sold in WILLIAMSTOWN during the past year, making it the 481st most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,460,000 $610,000
GROWTH REPORT
Median Quarterly -1.72% 2.09%
Median 12 month 4.29% 3.39%
Median 3 years 44.55% 7.71%
Median 5 years 64.51% 43.53%
10 years average annual 6.83% 7.19%
Weekly media advert. rent $620 $390
Time on Market 66.6 days 104.4 days
Gross Rental Yield Percent 2.21% 3.32%
demographics (median values)
Total Population
12729
Weekly Household Income
1330
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Property investor computing

How property investors can claim $9k in deductions

Claiming tax back can be a tricky minefield to navigate, but one depreciation specialist believes new property investments can hold almost $...

Digital house

The 6 trends evolving the future of housing revealed

The expectations of renters are set to evolve as urban residential design does. Here are what investors need to know about what’s in the p...

New South Wales map pin

Positive signs for Spring NSW market in new data

The warmer weather has driven Sydney vacancy rates down, new data from the Real Estate Institute of NSW reveals. ...

Investment journey

Buyer’s agent shares how his own investment journey began

After getting his tips as a buyer's agent, Smart Property Investment had a chat to Ben Handler about his personal property portfolio and hi...

Empty pocket

First-home buyers ‘hurt’ by tighter lending environment

While experts believe that most property investors will be fine as lending interventions are implemented, first-home buyers could be taking ...

Hand holding Australian dollars

Millions released to first home buyers through new scheme

Over 1,000 requests to access superannuation have been made to the Tax Office by first home buyers, under a scheme first introduced in last ...