Market snapshot

Suburb insights for Altona3018

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Altona is located 14 km south-west of the CBD. Located on the western side of Port Phillip Bay Altona is a large suburb with primarily residential areas in the south and industry in the north. Altona's industrial sector is significant for its chemical factories and storage plants. The suburb also has large tracts of conservation open space and features the Altona Hospital Cherry Lake Reserve and Altona Beach.

Recent sales and auction results in Altona

AddressBedroomsPriceTypeMethodSale DateAgentListing
49 Wren St, Altona3PriceHouse (Res)Sold Before Auction13/02/2025Barlow McEwan TribeView
7 Grieve Pde, Altona4PriceHouse (Res)Auction Sale12/02/2025Raine & Horne WilliamstownView

Sales data

Median sale price
$1.2mil
Quarterly price change
9.3%
Metro Melbourne Comparison
$895k
-2.1%
BedroomsAltonaMetro comparison
2$750,000$888,000
3$1,040,000$807,000
4$1,377,500$950,000
InsightAltonaMetro comparison
Clearance rate77.3%72.6%
Days on market4343

Rental data

Median weekly rent
$590
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.3%
BedroomsAltonaMetro comparison
2-$575
3$590$550
4$770$600
Median data for the current quarter
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