246 Kororoit Creek Road, Williamstown North VIC 3016

246 Kororoit Creek Road, Williamstown North VIC 3016
This is a 3-bedroom, 2-bathroom townhouse on a 120 sqm lot with two car spaces. A private rooftop terrace with bay views and a balcony are standout features. The property is part of a modern multi-residential development in Williamstown North, with an estimated building size of 363 sqm for the complex. This townhouse is competitively positioned by its private rooftop terrace with bay views, a rare amenity that adds genuine lifestyle appeal and a point of difference. It sits within a modern development, aligning with the suburb’s shift towards higher-density, premium townhouse living. The property is best suited for upscale families or downsizers who prioritise outdoor space and views over a large garden. Its configuration and finish suggest it targets buyers seeking a low-maintenance, high-specification home in a convenient location. The property’s small land size of 120 sqm may limit its appeal to buyers who value a traditional backyard, potentially affecting its long-term resale. Its price point is elevated compared to typical new townhouse stock in the area, which might narrow the buyer pool. The lack of specific details on floor level and construction year could introduce uncertainty for some buyers. These factors should be weighed when forming a view on price, particularly if the property’s premium features do not fully justify the premium.
Detailed Independent Property Report prepared  by PropCred Analyst team for 246 Kororoit Creek Road, Williamstown North VIC 3016
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Williamstown North is a well-established, high-income suburb with a professional demographic, driving demand for its limited housing stock. Recent price trends show a resilient market with strong compound growth for houses, though some volatility exists. Future growth is underpinned by sustained demand from affluent buyers, yet high prices and constrained supply present ongoing affordability and liquidity challenges.
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PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

2

Land

363m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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