Williamstown at a glance
15,027
People
$1,490,000
Median sale
$639/wk
Median rent
2.23%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
VIC › Williamstown › Kororoit Creek Rd
$1,105,000
Last sold
17 May 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
181 m²
Building
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,105,000
17 May 2021 · derived via latest_sale
Williamstown at a glance
15,027
People
$1,490,000
Median sale
$639/wk
Median rent
2.23%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
Vs Williamstown
-25.8%
Median sale
Suburb $1,490,000
+0.78 pp
Gross yield
Suburb 2.23%
Suburb median $1,490,000 from 77 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 8
GRZ8
Jurisdiction
Hobsons Bay
Hobsons Bay, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 8 · GRZ8 (ZN). Official parcel area about 251 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: SPECIAL BUILDING OVERLAY. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $639/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 8 · GRZ8 (ZN). Official parcel area about 251 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: SPECIAL BUILDING OVERLAY. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Williamstown at a glance
15,027
People
$1,490,000
Median sale
$639/wk
Median rent
2.23%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Greg Hocking FootscrayBe welcomed by the gated and superbly hedged front yard to entrance. Walking through the front door you are welcomed by the stunning David Trubridge feature light which takes your eyes first to the grand staircase leading to three generous sized bedrooms. The master bedroom is light filled with plantation shutters inviting the sea breeze, complete with ample walk-in robe and luxurious ensuite bathroom.
Two further bedrooms, both with built in robes share a central bathroom and toilet.
Alighting the staircase is a visual treat with soaring ceilings and light inducing radius window guiding you to the open planned living area encompassing spacious lounge, ample dining with concealed office space with plenty of storage, and the entertainer's kitchen with servery complimenting the doors leading out to a delightful, north facing back deck shaded by an enormous tree providing comfort on warm summer days, an outdoor shower with hot and cold water and access to the sizeable double garage with remote access from the wide lane at the rear of the property.
This sophisticated home has a security system and located walking distance to schools, Rifle Range shopping and restaurants and just cross the road to enjoy all the spoils of seaside living with jawbone reserve and bay west walking trail a 5 minute walk from your front door.
Expressions of interest by Monday 26/04/2021 5pm
Please call Mel McVeigh on 0438 654 585 or Tracey Dean on 0433 279 103 to buy this property or discuss selling your home!
'PHOTO ID is required to be produced by attendees'
Listing description written by Mel McVeigh, Greg Hocking Footscray — reproduced as published, not verified by Districts.