Williamstown and Newport sit side-by-side on Port Phillip Bay and together form Melbourne’s most underrated inner-west investment corridor. Both have direct rail to the CBD, bay frontage and a strong heritage character. Williamstown commands a lifestyle premium. Newport offers better yield at lower entry.
| Metric | Williamstown | Newport |
|---|---|---|
| Median House Price | $1,380,000 | $1,080,000 |
| Median Unit Price | $620,000 | $520,000 |
| Gross Yield (House) | 2.8% | 3.4% |
| Gross Yield (Unit) | 3.9% | 4.6% |
| 5-Year Growth | 31% | 36% |
| GeeVee Score | 7.6/10 | 7.8/10 |
GeeVee Verdict
Newport wins on yield, five-year growth and entry price. Williamstown wins on prestige, bay frontage premium and heritage character. For investors, Newport units at $520,000 with 4.6% yield are the stronger 2026 buy. For owner-occupiers seeking bayside lifestyle with long-term capital growth, Williamstown’s heritage stock is irreplaceable.
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