47 Chandler Street, Williamstown VIC 3016
47 Chandler Street, Williamstown VIC 3016
4 bed family house on 459m² | renovated Californian character | established Williamstown pocket | strong school catchment appeal
What stands out here is the combination of a genuinely renovated period house with four bedrooms and two bathrooms on a mid-sized lot. That is not common in this part of Williamstown, where much of the older stock remains untouched or has been subdivided. The separate family room and open-plan living areas give it a functional layout for a growing family, and the Californian façade adds a level of street presence that newer builds simply do not offer. This property suits a buyer who wants the charm of an older home without the immediate burden of renovation, and who values being within walking distance of solid primary and secondary schooling options.
The land size of 459m² is workable for a family, though not generous by outer-suburb standards. The single car space might feel limiting for a two-car household, and the lack of confirmed internal floor area means you should physically inspect to judge whether the living zones are as spacious as the listing suggests. The street itself contains a mix of older houses and recent infill, so the immediate streetscape character may vary depending on exact position. The heritage-era context could also mean restrictions on future alterations, which matters if you are thinking about extending or adding a second level down the track.
|| Comparable Sales: 44 Chandler St sold March 2021 for $2.445M; 41 Chandler St valued at $1.48M | Property Price Band: $1.5M–$1.6M | Value Drivers: renovated condition, four-bedroom layout, land size, period character
Detailed Independent Property Report prepared by PropCred Analyst team for 47 Chandler Street, Williamstown VIC 3016
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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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: 44 Chandler St sold March 2021 for $2.445M; 41 Chandler St valued at $1.48M | Property Price Band: $1.5M–$1.6M | Value Drivers: renovated condition, four-bedroom layout, land size, period character
Bedrooms
4
Bathroom
2
Parking
1
Land
459m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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