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Investment Property Altona Meadows, VIC, 3028

Suburb Snapshot

Altona Meadows is a suburb in the Hobsons Bay Region of Victoria. Altona Meadows has a population of 19,158 people and 25.08% of its occupants live in rental accommodation. The median listing price for houses is $690,000 and this has changed 0.00% over the past year and changed 0.00% over 2 years.

The median rent in Altona Meadows for houses is $480 per week and the median rental yield is 3.61%. Stock on the market for houses/townhouses has changed 17.65% compared to last year and the average time to sell a house/townhouse is 67 days.The median listing price for units is $500,000 and this has changed 2.04% over the past year. The average unit takes 81 days to sell and the median rent for a unit in Altona Meadows is $430 per week, producing a rental yield of 4.47%.

Supply & Demand in Altona Meadows, Hobsons Bay

0.72%

Current vacancy rate


57

Rental stock available


19,158

Population


25.08%

Rental population


0.86%

Current vacancy rate


370

Rental stock available


88,778

Population


26.21%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Altona Meadows, Hobsons Bay

  House Townhouses Units
Median listing price $690,000 NA $500,000
Median price change - last quarter 0.00% NA 2.04%
Median price change - 1 year 0.00% NA 2.04%
Median price change - 2 years 0.00% NA 2.04%
  House Townhouses Units
Median weekly rent $480 $525 $430
Median yield % 3.61% NA 4.47%
Median rent change - 1 year 9.09% 12.90% 16.21%
  House Units
Previous month sales 12 4
Stock on market previous month 60 18
Stock variance vs. last year 17.65% 0.00%
Average days on market 67 81

Altona Meadows investment property listings

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