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Brooklyn vs Williams Landing

Property investment comparison - Brooklyn, VIC 3012 vs Williams Landing, VIC 3027

Head-to-head across core investment metrics: Brooklyn wins 2, Williams Landing wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBrooklynWilliams Landing
Median house price$875K$880K
Median unit price-$430K
Gross rental yield (houses)3.55%3.55%
Gross rental yield (units)-5.60%
1-year house growth-0.8%estimate+6.7%
3-year house growth-+10.1%
Vacancy rate0.8%2.0%
Population1,9799,448

Brooklyn vs Williams Landing: what the numbers say

The median house price is $875K in Brooklyn and $880K in Williams Landing, so Brooklyn is the cheaper entry point, with Williams Landing houses about 1% dearer.

Gross rental yield on houses is effectively level, at 3.55% in Brooklyn and 3.55% in Williams Landing, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved -0.8% in Brooklyn (an estimate) and +6.7% in Williams Landing, so recent momentum favours Williams Landing, while Brooklyn went backwards.

Rental vacancy is 0.8% in Brooklyn and 2.0% in Williams Landing, so landlords in Brooklyn face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Williams Landing is the bigger suburb, with a population of 9,448 against 1,979, roughly 4.8 times the size of Brooklyn; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Brooklyn for a lower purchase price, Williams Landing for recent price momentum, Brooklyn for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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