Williamstown Home Prices Jump 4.8% Outpacing Last Year's 3.1%

Williamstown median house prices rose 4.8 percent in the second quarter of 2026, exceeding the 3.1 percent increase posted in the April-to-June period last year. The Williamstown Property Index placed the current median at $1.12 million, up from $1.07 million three months earlier.

The faster pace matters because buyers and sellers are now locking in contracts ahead of the spring selling season. Interest-rate stability since March has kept borrowing costs steady, while inventory on the market remains 12 percent below the five-year average for this time of year. Local agents report multiple offers on homes listed under $1.1 million, a shift from the slower clearance rates seen in mid-2025.

Properties along The Strand and near the Williamstown Botanic Gardens recorded the strongest gains. Three homes on The Strand sold above asking in June, while sales on Battery Road near Point Gellibrand averaged $1.28 million. The Williamstown Chamber of Commerce noted that foot traffic at the Nelson Place Sunday market has risen 18 percent since April, drawing more out-of-area buyers who later inspected nearby streets.

Street-level price shifts

Ferguson Street recorded a 6.2 percent lift in median values compared with the same quarter in 2025. Osborne Street saw four auctions clear in May and June at prices between $985,000 and $1.05 million. In contrast, larger blocks near the Williamstown RSL posted more modest 2.9 percent growth, reflecting buyer preference for smaller lots that require less maintenance.

These figures come from 142 settled sales processed through the local titles office between 1 April and 30 June. The data covers detached houses only and excludes units and townhouses, which showed a separate 3.4 percent quarterly rise.

Next steps for buyers and sellers

Prospective buyers should check recent comparable sales on Ferguson Street and The Strand before making offers this month. Sellers listing before 31 August can still capture the current momentum, particularly if their homes sit within 800 metres of the foreshore. Local valuers recommend ordering an appraisal now to align expectations with the latest quarterly benchmark.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.