Question 1

Is Williamstown a good place to buy your first home?

Accepted Answer

Williamstown is a great option for first home buyers who established professionals seeking coastal lifestyle. With a median price of $1,250,000 and +2.5% growth over the past year, it offers historic, coastal, premium lifestyle.

Question 2

What grants are available for first home buyers in Williamstown?

Accepted Answer

First home buyers in Williamstown may be eligible for the $10,000 First Home Owner Grant (for new homes up to $750,000), stamp duty concessions (up to $31,070 saved), and the First Home Guarantee scheme (buy with just 5% deposit).

Question 3

How much deposit do I need to buy in Williamstown?

Accepted Answer

With the First Home Guarantee, you could buy in Williamstown with just 5% deposit (around 63000 based on the median price). Without government schemes, most lenders require 10-20% deposit.

Question 4

What type of properties do first home buyers typically buy in Williamstown?

Accepted Answer

In Williamstown, first home buyers typically look for established houses, townhouses, and apartments. The suburb is known for historic, coastal, premium lifestyle.

Question 5

How long does it take to commute from Williamstown to Melbourne CBD?

Accepted Answer

Williamstown offers Williamstown Station and Ferry to the city. Commute times to the CBD vary based on your mode of transport and exact location within the suburb.

First Home Buyers in Williamstown — What You Need to Know

Affordability Snapshot

Grants Available for Williamstown

First Home Owner Grant

Stamp Duty Concession

First Home Guarantee

Local Insights

Schools

Transport

Highlights

Location

Frequently Asked Questions

See what you can afford in Williamstown

Ready to Buy in Williamstown?