1 Kokoda Road, Williamstown VIC 3016
1 Kokoda Road, Williamstown VIC 3016
Character-rich period house potential | Walkable village lifestyle | Strong owner-occupier demand | Heritage streetscape context | Compact land with parking upside
This property sits in a suburb where period character and village walkability drive buyer interest more than land size alone. If it is a house, its likely configuration aligns with the most liquid segment of Williamstown stock—older dwellings with renovation potential, off-street parking, and proximity to cafes, the station, and the waterfront. The strongest appeal is to owner-occupiers seeking a lifestyle-led purchase, particularly families or downsizers who value established streetscapes and everyday amenity over new-build convenience. A well-presented period home here would compete comfortably against similar character stock, especially where original details like fireplaces, ceiling work, or verandahs remain intact.
Value may be shaped by how much renovation has already been done versus what still needs attention. A heritage overlay could limit external changes, which might affect redevelopment appetite but also protects streetscape appeal. Parking configuration and rear yard orientation may influence buyer perception more than absolute land size. If this is a unit or townhouse, the price band would sit meaningfully lower, and the buyer profile shifts toward investors or first-timers seeking lower maintenance. The condition of interiors and whether modern updates feel cohesive with the period shell will likely matter most when forming a view on price.
|| Comparable Sales: renovated Edwardian nearby sold $1.45M; similar character house profile estimated $1.375M | Property Price Band: $1.3M–$1.4M | Value Drivers: renovation quality, period fabric retention, off-street parking, proximity to village and station
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Kokoda Road, Williamstown VIC 3016
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Williamstown’s housing market commands a $1.56–1.6m median, with annual growth ranging from -2.1% to +4.6% across sources. The unit segment is more divergent: medians span $680k–$890k, and growth swings between -7.65% and +16.34%, reflecting outsized sensitivity to property-specific factors. Houses sell in 52–74 days, a moderate turnover for the bracket. Rents for houses sit at $770–$800 weekly, producing gross yields of 2.4–2.8%; units rent at $550 weekly for a 4.0% yield. Demand is driven by limited supply, lifestyle amenities, and desirable location, with constrained inventory underpinning pricing.
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PropCred Estimated Value
Comparable Sales: renovated Edwardian nearby sold $1.45M; similar character house profile estimated $1.375M | Property Price Band: $1.3M–$1.4M | Value Drivers: renovation quality, period fabric retention, off-street parking, proximity to village and station
Bedrooms
2
Bathroom
1
Parking
1
Land
220m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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