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Investment Property Altona, VIC, 3018

Suburb Snapshot

Altona is a suburb in the Hobsons Bay Region of Victoria. Altona has a population of 10,767 people and 28.29% of its occupants live in rental accommodation. The median listing price for houses is $1,125,000 and this has changed 5.88% over the past year and changed 7.14% over 2 years.

The median rent in Altona for houses is $595 per week and the median rental yield is 2.75%. Stock on the market for houses/townhouses has changed -16.67% compared to last year and the average time to sell a house/townhouse is 63 days.The median listing price for units is $620,000 and this has changed 2.47% over the past year. The average unit takes 123 days to sell and the median rent for a unit in Altona is $450 per week, producing a rental yield of 3.77%.

Supply & Demand in Altona, Hobsons Bay

0.91%

Current vacancy rate


56

Rental stock available


10,767

Population


28.29%

Rental population


0.94%

Current vacancy rate


402

Rental stock available


88,778

Population


26.21%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Altona, Hobsons Bay

  House Townhouses Units
Median listing price $1,125,000 $880,000 $620,000
Median price change - last quarter 4.54% 0.28% 3.27%
Median price change - 1 year 5.88% -1.02% 2.47%
Median price change - 2 years 7.14% 3.52% 1.63%
  House Townhouses Units
Median weekly rent $595 $675 $450
Median yield % 2.75% 3.98% 3.77%
Median rent change - 1 year 8.18% 7.14% 9.75%
  House Units
Previous month sales 8 9
Stock on market previous month 60 44
Stock variance vs. last year -16.67% -10.20%
Average days on market 63 123

Altona investment property listings

Showing 5 of 215 investment properties found in Altona on realestateinvestar.com.au

204/113 Pier St, Altona

$415,000

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Invest or Occupy within a 500m Radius of the Sea, Shops & the St

This contemporary apartment, located in the heart of the convenient Pier Street shopping and dining precinct, offers exceptional comfort and an outstanding coastal lifestyle. Also situated only moments from Altona Station, JK Grant Reserve, The Altona Beachfront/Pier as well as Cherry Lake, this ...

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Unit

VIC 3018


58 McIntyre Dr, Altona

$950,000

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Prime potential, plus direct park access

The appeal of this largely original three-bedroom home runs deeper than first glance. Yes, it meets today's needs with an easy mix of comfort and character - but it's the scope for renovation or redevelopment, STCA, that sets pulses racing. A frontage of approximately 17.3m, northerly rear aspect ...

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House

VIC 3018


15A Linnet St, Altona

$1,580,000

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A New Standard of Elevated Living

This exceptional home by award winning BQ Architects elevates contemporary living to an impressive new level. Refined architecture, beautifully proportioned spaces, carefully curated material selections and a cohesive blend of textures and tones combine to create an address of undeniable appeal. ...

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Townhouse

VIC 3018


1/21 Romawi St, Altona

$945,000

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Where 'Walk to Everything' is Real

The enviable location of this bright, inviting street facing townhouse means walking to the water, shops, cafes, Altona train station and the primary school is actually the easiest and quickest way to get there. Such a sensational position complements spaces that deliver modern low-maintenance ...

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Unit

VIC 3018


38 Belmar Ave, Altona

$1,150,000

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Fully Renovated on a Prestigious Tree-Lined Street 611m² of Opp

Positioned within one of Altona's most tightly held and picturesque tree-lined streets, this fully transformed residence delivers a rare combination of refined living and future potential. Protected by a single dwelling covenant, the street retains its character, spacing, and prestige a setting ...

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House

VIC 3018


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