Unit 1, 27-29 MILLERS ROAD Altona VIC 3018
This property is Off Market
- The Average property price in this area is $1,229,092, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.33 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Altona
With an average age of 47, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $391. The average family earns a weekly income of $2,374 with a typical household size of 2.4 and a 101.06% employment rate.
Consistent high demand relative to supply is a key feature in Altona driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Altona ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Altona classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Altona requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Altona we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Altona a better buying opportunity than it may have been in the past.
Public Transport
Spotswood
Stop 64: Footscray Station
Fishermans Bend
Westona
Ardeer
Stop 62: Nicholson Street
Gem Pier Ferry Dock
Middle Footscray
Laverton
Aircraft
General Points of Interest
Central West Shopping Centre
Melbourne International Shooting Club
Wyndham Village Shopping Centre
Newport War Memorial
Saltwater Coast Lifestyle Centre
Lightning Room
Altona Badminton Centre
Sunshine Marketplace
Central West Shopping Centre
Immigration monument
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1333 asthma sufferers and 759 people living with diabetes. In addition, 788 people have a heart/vascular condition and 1396 people live with three or more chronic diseases.A good place to invest in property?
Altona a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
62 / 100
52 / 100
Industry
18 / 100
17 / 100
Population
44 / 100
32 / 100
House Prices
81 / 100
70 / 100
Jobs
44 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsSeaholme Primary School Bayside P-12 College
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Seaholme Primary School
Seaholme, VIC, 3018 State Prep-6 -
Altona College
Altona, VIC, 3018 State Prep-11 -
Emmanuel College
Altona North, VIC, 3025 Independent 7-12 -
St Leo the Great Primary School
Altona North, VIC, 3025 Independent Prep-6 -
Altona Primary School
Altona, VIC, 3018 State Prep-6 -
Newport Gardens Primary School
Newport, VIC, 3015 State Prep-6 -
Mount St Joseph Girls' College
Altona, VIC, 3018 Independent 7-12 -
Queen of Peace Primary School
Altona Meadows, VIC, 3028 Independent Prep-6
Property Story
Unit 1, 27-29 Millers Road, Altona, Vic, 3018 is a residential property . The estimated distance to the sea is only 0.33km and 0.39KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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