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Investment Property Williamstown, VIC, 3016

Suburb Snapshot

Williamstown is a suburb in the Hobsons Bay Region of Victoria. Williamstown has a population of 13,972 people and 22.36% of its occupants live in rental accommodation. The median listing price for houses is $1,500,000 and this has changed -3.23% over the past year and changed 7.14% over 2 years.

The median rent in Williamstown for houses is $750 per week and the median rental yield is 2.60%. Stock on the market for houses/townhouses has changed -15.12% compared to last year and the average time to sell a house/townhouse is 79 days.The median listing price for units is $595,000 and this has changed -0.84% over the past year. The average unit takes 113 days to sell and the median rent for a unit in Williamstown is $495 per week, producing a rental yield of 4.32%.

Supply & Demand in Williamstown, Hobsons Bay

0.78%

Current vacancy rate


52

Rental stock available


13,972

Population


22.36%

Rental population


0.94%

Current vacancy rate


402

Rental stock available


88,778

Population


26.21%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Williamstown, Hobsons Bay

  House Townhouses Units
Median listing price $1,500,000 $1,030,000 $595,000
Median price change - last quarter -6.25% -0.96% 0.84%
Median price change - 1 year -3.23% -4.19% -0.84%
Median price change - 2 years 7.14% -8.45% 6.25%
  House Townhouses Units
Median weekly rent $750 $720 $495
Median yield % 2.60% 3.63% 4.32%
Median rent change - 1 year 7.14% 2.85% 10.00%
  House Units
Previous month sales 9 4
Stock on market previous month 73 53
Stock variance vs. last year -15.12% 15.22%
Average days on market 79 113

Williamstown investment property listings

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