216/47 Nelson Place, Williamstown VIC 3016

216/47 Nelson Place, Williamstown VIC 3016
Waterline Place address | one-bed plus study layout | car space included | premium Williamstown position The property’s configuration as a one-bedroom apartment with a separate study and private balcony is competitively rare in Williamstown’s apartment stock, giving it a functional edge over standard one-bed units. Its position within Waterline Place on Nelson Place places it within walking distance to the waterfront, village amenities, and both Williamstown Primary and High School catchments, which strengthens its appeal for owner-occupiers seeking lifestyle proximity. The inclusion of a car space further lifts its desirability in a precinct where parking is often limited. The heritage overlay on the site should be reviewed by a buyer’s conveyancer, as it may impose restrictions on future alterations or maintenance to the building envelope. While the property sits above the suburb’s median for one-bedroom units, its study and balcony justify that premium for buyers who value usable indoor-outdoor space over pure price comparison. The absence of flood or bushfire risk reduces insurance and holding concerns, and the reliable NBN connection supports remote work potential.
Detailed Independent Property Report prepared  by PropCred Analyst team for 216/47 Nelson Place, Williamstown VIC 3016
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Williamstown VIC 3016

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

1495m²

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