2. VIC
  3. Hobsons Bay

Altona Meadows VIC 3028

Houses Units

Here you can find what you need to know about Altona Meadows, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$725K Median Sale Price (National Average $485k) 390th In VIC
$490pw Median Rent (National Average $395) 415th In VIC
3.5% Median Gross Yield (National Average 4.24%) 299th In VIC
Properties sold 231
Average discounting -3.97%
Average Days on Market 41
Stock on Market 115 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Altona Meadows, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Altona Meadows, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Altona Meadows, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Altona Meadows


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State Auction Clearance Rates


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Suburb Information

Altona Meadows, VIC 3028

Part of: Hobsons Bay Council No data available

The size of Altona Meadows is approximately 10.6 square kilometres. It has 32 parks covering nearly 44.9% of total area. The population of Altona Meadows in 2011 was 18,745 people. By 2016 the population was 19,166 showing a population growth of 2.2% in the area during that time. The predominant age group in Altona Meadows is 30-39 years. Households in Altona Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona Meadows work in a professional occupation. In 2011, 71.6% of the homes in Altona Meadows were owner-occupied compared with 69.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Altona Meadows

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Altona Meadows   for Houses in last 12 months


There have been 231 Houses sold in Altona Meadows in the past 12 months with a median sale price of $725K, up annually. It takes on average 27 days to sell with vendor discounting of -4.0%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Altona North VIC, 3025 0.84% $902,500 $590pw 3.4% View Suburb Profile
Altona VIC, 3018 2.44% $1,155,000 $590pw 2.7% View Suburb Profile
Point Cook VIC, 3030 1.27% $760,000 $560pw 3.8% View Suburb Profile
Laverton VIC, 3028 2.18% $585,000 $440pw 3.9% View Suburb Profile
Seabrook VIC, 3028 -0.94% $738,000 $510pw 3.6% View Suburb Profile
Yarraville VIC, 3013 2.39% $1,116,000 $650pw 3.0% View Suburb Profile

Currency

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