27A Stewart Street, Williamstown VIC 3016
27A Stewart Street, Williamstown VIC 3016
Modern build on own title | Compact coastal lock-and-leave | Heritage overlay limits changes | Strong rental yield potential.
This property’s competitive edge lies in its rare combination of a 2017 build on a separate title within a heritage precinct, offering a low-maintenance, lock-and-leave footprint that appeals to downsizers, investors, or those seeking a bayside base without renovation demands. The 78-square-metre internal space with a generous deck and secure carport maximises liveability on 110 square metres, while the zoning for Williamstown Primary and High Schools adds family buyer depth. Its rental estimate of $590 per week suggests a gross yield near 3.4% at the listing range, above the suburb average for houses, making it a cash-flow-positive hold for investors.
The heritage overlay is the primary constraint, restricting external alterations and potentially deterring buyers seeking expansion or redevelopment, which may lengthen sale time and cap capital growth relative to unencumbered properties. The small land-to-building ratio (71%) limits future value uplift from land appreciation, and the single-bedroom configuration narrows the buyer pool to singles or couples. However, the modern structure and low upkeep costs offset these risks for the right buyer. This property is best held as a rental or a permanent coastal residence, not a renovation play.
Detailed Independent Property Report prepared by PropCred Analyst team for 27A Stewart Street, Williamstown VIC 3016
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Williamstown’s market is underpinned by its enduring lifestyle appeal and constrained supply, fostering resilience. Demand is driven by buyers seeking established amenity and limited stock, supporting values despite recent price adjustments. The market is currently balanced, with houses experiencing moderate price recalibration while units show varied performance. Future growth will rely on the suburb’s inherent desirability, though broader economic conditions present a key sensitivity.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
110m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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