Williamstown North

Williamstown North is a suburb with a population of 1622 residents. The area has a mix of age groups, with a significant number of individuals aged between 20 to 64 years. The median household income is above average, indicating a stable economic environment. Commuting patterns show a reliance on motor vehicles, with a noteworthy portion working from home. The top three occupations include professionals, managers, and technicians/ trades workers. For house investors, Williamstown North offers a higher sale price range with good growth rates over the past years. The suburb has a low vacancy rate and strong demand for rental properties. The IQR ratio suggests potential for renovations. For unit investors, the rental yield is higher than houses, with a lower entry price point. Unit prices have shown some growth over recent years and have a higher market absorption rate, indicating potential for capital appreciation. Williamstown North is a suburb characterised by a diverse demographic profile with above-average income levels. The area presents an opportunity for property investors, with both houses and units showing promising indicators for capital growth and rental demand. Homeowners seeking a stable community with good amenities and transport links may find Williamstown North an attractive location to settle in. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022