Property prices for sale in Williamstown (Victoria)

The price per m² in Williamstown has had a strong decrease during the last 6 months. In October, the average price per m² was $1,703. In the following month the price per m² decreased to $1,605. The price for the following two months in (December, January) had a considerable decrease of 46 with regard to the prior two months. The price per m² has had a considerable deflation of 59 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $1,204.25 to $708 during February, and March.

Based upon to the price in Williamstown (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,269,467. In November This price remains at $1,218,910. During the following two months (December, January) the average price had a considerable reduction of 47 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $914,469 to $465,347.5, which means a 51 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $472,917 they are 30 % more affordable than the average price for Williamstown. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 264 % more expensive than the average aforementioned.

With regard to the average price per m² , those properties with 1 bedroom are the most costly ones at a cost of $1,153 / m², with an average $747 / m² price in Williamstown. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 3 bedrooms. They are 171 % more costly than the average value aforementioned.