Market snapshot
Suburb insights for Altona3018
Change suburbAltona 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.
Sales data
Median sale price
$1.1mil
Quarterly price change
-8.5%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Altona | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $1,020,000 | $807,500 |
| 4 | $1,360,000 | $950,000 |
| Insight | Altona | Metro comparison |
|---|---|---|
| Clearance rate | 96.2% | 73.3% |
| Days on market | 45 | 42 |
Rental data
Median weekly rent
$600
Rental yield
2.8%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Altona | Metro comparison |
|---|---|---|
| 2 | $468 | $560 |
| 3 | $590 | $550 |
| 4 | $760 | $595 |
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