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VIC › Williamstown North › Kororoit Creek Rd

222 Kororoit Creek Rd, Williamstown North VIC 3016

For saleTownhouse

$1,100,000–$1,150,000

For sale

Asking range

$975,000

Last sold

19 June 2025

4

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,100,000–$1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,100,000–$1,150,000(Listing record · 17 Aug 2026)
  • CalculationAsk is 7% above the Williamstown North median recorded sale ($1,030,000, n=22, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Williamstown North's advertised median rent ($632/wk), implied gross yield would be 2.99% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK (TRZ2) under the ZN.(Vicmap Planning · 2 Sept 2026)

What could make it worth less?

  • FactENVIRONMENTAL AUDIT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)
  • FactSPECIAL BUILDING OVERLAY intersects 2.8% of this parcel.(Vicmap Planning · 2 Sept 2026)
  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14 touches the boundary of this parcel in the official layer.(Vicmap Planning · 2 Sept 2026)

What should you verify next?

  1. 1ENVIRONMENTAL AUDIT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2SPECIAL BUILDING OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14 touches the parcel boundary — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,100,000–$1,150,000

Asking range

Last recorded sale $975,000 (19 June 2025).

Williamstown North at a glance

2,280

People

$1,030,000

Median sale

$632/wk

Median rent

3.19%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Williamstown North report →

Vs Williamstown North

+6.8%

Median sale

Suburb $1,030,000

-0.20 pp

Gross yield

Suburb 3.19%

Suburb median $1,030,000 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,100,000
Stamp Duty (Victoria)
$60,500
Transfer/Registration Fee
$2,678
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,166,878

$66,878 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Williamstown North's advertised median rent — not a rent for this listing.

Net yield
1.49%
Annual cashflow (pre-tax)
$-40,836
Interest cover (DSCR)
0.29
Annual rent
$32,864
Operating expenses
$16,500
Loan amount
$880,000
Annual interest
$57,200
Gross yield
2.99%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK

TRZ2

Jurisdiction

Hobsons Bay

Hobsons Bay, VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14Touches boundary — verify against title

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 424750393

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

20252026$975k$1.1m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,100,000–$1,150,000available17 Aug 2026
  2. Sold$975,00019 June 2025
  3. Listedprice unknowncompleted24 Feb 2025
  4. Listedprice unknowncompleted24 Feb 2025
  5. Soldprice unknown31 Mar 2023
  6. Listedprice unknowncompleted2 Feb 2023
  7. Listedprice unknowncompleted2 Feb 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 3,388 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.

What could kill that thesis?

Confidence: low

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. Official parcel about 3,388 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL AUDIT OVERLAY; SPECIAL BUILDING OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $632/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 3,388 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 3,388 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL AUDIT OVERLAY; SPECIAL BUILDING OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Williamstown North in one glance

Williamstown North at a glance

2,280

People

$1,030,000

Median sale

$632/wk

Median rent

3.19%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Williamstown North report →

Keep researching

  • Why Williamstown North? Read the area thesis →
  • What else is on the market in Williamstown North →
  • Other records on Kororoit Creek Rd →

Listing material

Listed by Raine & Horne Williamstown

A Complete Transformation. Sophisticated Living in a Peaceful Sanctuary.

Expressions of Interest Close Tuesday 15th September at 4pm, unless sold prior.

A stunning modern residence that stands among the finest and largest homes in this contemporary development. A home that has been significantly enhanced by the owners who have spared no expense in improving its comfort, quality and liveability.

The home's most remarkable transformation is its newly installed, high-quality German-engineered double-glazed façade windows and front door. These premium additions have had a dramatic impact, creating an exceptionally peaceful and quiet interior that feels completely removed from the outside world. The result is a genuine sanctuary. A calm, private oasis where sophisticated design and everyday comfort come together beautifully.

Read the full description

Further enhancements extend to the home's two impressive outdoor entertaining zones. The beautiful ground floor space has been upgraded with new ModWood decking, while both the ground floor and the upstairs spaces are now fully protected by clever UV-filtered polycarbonate panels which provide excellent protection from the elements, creating versatile undercover entertaining zones that can be enjoyed throughout the year.

The connection between indoors and out is superb, with each entertaining area forming a natural extension of the home and offering the perfect setting for relaxed family living, dining and entertaining.

Stylish, refined and beautifully improved, this is an outstanding modern home with a level of quality that sets it apart. The complete transformation must be experienced to be fully appreciated.

The home enjoys abundant northern light, a private rear setting and secure garage entry via Tedesco Circuit with additional parking available directly in behind the garage if required. Warm timber flooring defines the generous living and dining spaces, which open to a secluded courtyard and elevated alfresco terrace. At the heart of the home, a sleek stone-finished kitchen features an expansive island bench and quality appliances.

The flexible four-bedroom, three-bathroom layout provides excellent family versatility, including guest accommodation with an adjoining bathroom on the ground floor. Upstairs, the main bedroom suite is accompanied by additional family bedrooms, a central bathroom complete with a relaxation bath tub, and a flexible second living space or home office opening directly to the alfresco area. Parks, schools, cafés, shops and the beach are all within easy reach. This striking bayside home is sure to impress.

Listing description written by Nathan Smith, Raine & Horne Williamstown — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Study
  • Toilets: 4

Also look at

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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