This is a list of electoral results for the Division of Wills in Australian federal elections from the division's creation in 1949 until the present.
|- | | | style="text-align:left;"| Independent CEC | style="text-align:left;"| Craig Isherwood | style="text-align:right;"| 196 | style="text-align:right;"| 0.25 | style="text-align:right;"| +0.25 |-
The division was affected by a redistribution, however it is unclear what effect the new boundaries had on Cleary's margin. The swing compares the margin with the 1993 election without any notional adjustment.
|- | | | style="text-align:left;"| Imperial British | style="text-align:left;"| Cecil G. Murgatroyd | style="text-align:right;"| 219 | style="text-align:right;"| 0.31 | style="text-align:right;"| -0.17 |-
Bob Hawke () had won the seat at the 1990 election, however he resigned in 1992 and Phil Cleary () won the seat at the resulting by-election.
|- | | | style="text-align:left;"| Imperial British | style="text-align:left;"| Cecil G. Murgatroyd | style="text-align:right;"| 319 | style="text-align:right;"| 0.5 | style="text-align:right;"| +0.5 |-