Thinking about buying in Altona? Now could not be a better time, with just 103 residential dwellings it's a highly sought after location.
The average property price for this area is $593,000 with prices in this suburb ranging from $592,000 to $598,000.
Distance to the coast is 36 Km.
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Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Altona are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Altona changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Altona necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
|28 JOHN ST, ALTONA, SA, 5351||3||1||2||Auction|
St Jakobi Lutheran School
Lyndoch Primary School(While the above schools are located with the suburb of Altona there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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