Altona North
3025 VIC
Altona North, VIC 3025, is a vibrant suburb with a diverse population. The area has a mix of age groups, with good educational options and transport links. Commuting by motor vehicle is popular, but there are also increasing numbers opting to work from home.
For houses in Altona North, a high Sale Price IQR Ratio suggests opportunities for renovators. The suburb has shown steady growth in median price over the years. For units, the Market Absorption Rate is high, indicating strong demand. Both houses and units have low vacancy rates, making it an attractive location for investors.
Altona North presents a balanced lifestyle with access to educational facilities and transportation. Investors may find potential in renovating houses, while units show strong demand and low vacancy rates, making it a promising suburb for property investment.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Highlights
Pricing and long-term growth profile for Altona North houses.
Median Price
$960k
# Sales
261
12M Growth
0.9%
10Y Ave Growth
3.9%
Why Buyers Look Here
Owner occupier appeal — 66% owner-occupied — strong community stability and pride of ownership.
Affluent area — IRSAD rank 52/10 — high socio-economic advantage.
Capital Growth
Pricing and long-term growth profile for Altona North houses.
Median Price
$960k
# Sales
261
12M Growth
0.9%
10Y Ave Growth
3.9%
Rental Market
Yield, rental pricing and vacancy performance for Altona North houses.
Weekly Rent
$690
Rental Yield
3.8%
Vacancy Rate
2.1%
Rentals Last 12M
279
Supply & Demand
Stock levels, days on market and selling conditions for Altona North.
Stock on Market
3.0%
Days on Market
35
Building Approvals
1.2%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Altona North.
Population
12,962
Owner Occupiers
66%
Median Income
$88k
IRSAD Rank
52
