Market snapshot
Suburb insights for Altona Meadows3028
Change suburbAltona Meadows is located 18 km south-west of the CBD. Bounded by the Skeleton Creek and the western side of Port Phillip Bay Altona Meadows is primarily a residential suburb. The suburb is currently experiencing population growth due to residential development with further growth expected. Altona Meadows features large tracts of green space such as the Cheetham Creek and the H.D Graham Reserve.
Sales data
Median sale price
$730k
Quarterly price change
-1.4%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Altona Meadows | Metro comparison |
|---|---|---|
| 2 | $550,000 | $902,500 |
| 3 | $718,500 | $810,000 |
| 4 | $812,500 | $955,000 |
| Insight | Altona Meadows | Metro comparison |
|---|---|---|
| Clearance rate | 87.5% | 73.8% |
| Days on market | 43 | 42 |
Rental data
Median weekly rent
$480
Rental yield
3.4%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Altona Meadows | Metro comparison |
|---|---|---|
| 2 | $410 | $550 |
| 3 | $480 | $540 |
| 4 | $550 | $580 |
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