Williamstown North sits in Melbourne’s inner west — a suburb that runs creative, walkable, authentic. Here’s what the numbers and the locals actually say about the property and rental situation.
Rental Prices — Williamstown North 2026
| Property Type | Weekly Rent | Monthly | Annual |
|---|---|---|---|
| 1-bedroom unit | $437/wk | $1893/mo | $22,724/yr |
| 2-bedroom unit | $615/wk | $2665/mo | $31,980/yr |
| 3-bedroom house | $766/wk | $3319/mo | $39,832/yr |
Rents in Williamstown North have risen by 3-5% compared to 2025. The vacancy rate sits at 1.5%, which is tight — expect competition for good properties.
Property Prices
| Property Type | Median Price | 12-Month Change |
|---|---|---|
| House | $1,393,325 | +3.8% |
| Unit/Apartment | $561,233 | +1.8% |
Gross rental yield: 3.8% (units tend to yield higher than houses in Williamstown North).
Who Lives Here
Williamstown North attracts mostly families with some younger renters. The suburb is known for Williamstown North local shops, community feel, suburban lifestyle.
Average resident profile:
- Age: Predominantly 35-55
- Household: Young professionals and sharehouse groups
- Income: Below metro average
Renting Tips for Williamstown North
Apply fast. Good properties in Williamstown North get 20-40 applications. Have your documents ready: 100 points of ID, recent payslips, rental history, references.
Inspect in person. Photos lie. Check water pressure, phone reception, natural light at the time of day you’d actually be home. Open the cupboards. Flush the toilet.
Look beyond Anderson Grove. The main strip is where rent premiums hit hardest. One or two blocks back, you get the same proximity for less money.
Know your rights. Victorian tenancy law caps rent increases to once per 12 months. Your landlord must give 60 days notice. Urgent repairs must be addressed within 48 hours (blocked toilet, no hot water, gas leak).
Budget beyond rent. Factor in: utilities ($150-250/month), internet ($70-90/month), contents insurance ($15-25/month), and transport (Public transport options in Williamstown North).
Investment Outlook
Williamstown North is a mature market — don’t expect explosive growth, but it’s stable and liquid. The 3.8% gross yield is around the metro average.
Key factors:
- Transport: Public transport options in Williamstown North
- Schools: Several well-regarded public and private options
- Infrastructure: Level crossing removal and station upgrades underway
Suburb Character & Lifestyle
Williamstown North runs creative, walkable, authentic. The main commercial strip along Anderson Grove is where most of the daily life happens — cafes, restaurants, and essential services within walking distance for those who live close. The neighbourhood is known for Williamstown North local shops, community feel, suburban lifestyle, which drives both rental demand and property values.
The housing stock is a blend of period homes near the centre and newer estates towards the edges. For renters, the most common options are rooms in shared Victorian terraces. For buyers, the entry point is typically a townhouse on a smaller block at the lower end of the market.
Transport reality: Public transport options in Williamstown North. The commute to the CBD is realistic for daily workers, and most residents report using a combination of public transport, cycling, and driving depending on the trip.
Cost of Living Snapshot
| Expense | Typical Cost |
|---|---|
| Coffee | $4.50-5.50 |
| Brunch | $19-28 |
| Dinner out | $28-45 pp |
| Pint of beer | $12-14 |
| Cocktail | $19-25 |
| Groceries | $176/wk (couple) |
| Utilities | $153/mo (1br) |
| Internet | $70-90/mo (NBN) |
The Bigger Picture
Williamstown North has seen consistent demand from owner-occupiers and investors alike, driven by lifestyle amenity and transport links. The suburb is creative, walkable, authentic, which attracts investors looking for reliable yield in an improving area.
5-year outlook: Depends heavily on interest rate trajectory. The fundamentals — location, transport, lifestyle amenity — are well-established.
What to watch: Rezoning proposals could change suburb character.
Nearby
- Footscray Property
- Williamstown North Cost of Living
- Williamstown North Things to Do
- Compare Suburbs
- All Williamstown North Guides
Last updated: March 2026. Data sources: Domain, REA Group, SQM Research.
Keep Exploring
More in this area:
- Property Market in Williamstown North
- Rental Market in Williamstown North
- Rent Guide in Williamstown North
- Investment Guide in Williamstown North
Useful tools:
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