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AREA REPORTS

Williamstown North

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

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $905,000.

The downward trend in home prices in WILLIAMSTOWN NORTH, 3016 averaged -7.49% per annum over a 3-year period.

Average weekly rents on listings have reached the $590 mark, reflecting a 3.39% increase in returns based on the current median price in WILLIAMSTOWN NORTH.

An average of 0.92 real estate transactions take place per month in WILLIAMSTOWN NORTH which translates to 11 per annum.

11 properties were sold in WILLIAMSTOWN NORTH in 2016, making it the 742nd most active market in VIC based on total real estate transactions.

WILLIAMSTOWN NORTH, 3016 places 701st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $905,000 N/A
GROWTH REPORT
Median Quarterly -24.58% N/A
Median 12 month -6.22% N/A
Median 3 years -22.48% N/A
Median 5 years 12.42% N/A
10 years average annual 4.17% N/A
Weekly media advert. rent $590 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 3.39% N/A
demographics (median values)
Total Population
1429
Weekly Household Income
910.3
Household Size
2.10
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