Altona Real Estate, VIC, 3018, Hobsons Bay

Thinking about buying in Altona? Now could not be a better time, with a whopping 8041 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $952,000 with prices in this suburb ranging from $114,000 to $2,291,000.

Distance to the coast is 0 Km. Search Residz

Housing Market Outlook

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.

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Local Schools

(While the above schools are located with the suburb of Altona there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats


For Sale Local Listings


Nearby Suburbs

SEAHOLMEALTONA NORTHALTONA MEADOWSLAVERTONLAVERTON NORTHWILLIAMSTOWN NORTHSEABROOKBROOKLYNSOUTH KINGSVILLENEWPORT

Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.31526.941.686.25.025.2
Feb0.915.126.244.188.24.820.5
Mar0.913.423.945.489.14.516.0
Apr1.310.620.84991.84.111.9
May1.28.217.355.891.94.38.8
Jun1.26.114.662.594.54.07.4
Jul1.06.214.359.092.24.87.8
Aug1.26.315.15391.55.010.4
Sept1.47.618.246.190.25.214.8
Oct1.58.920.146.291.34.919.2
Nov2.211.422.644.690.34.922.4
Dec1.312.824.742.387.95.025.7

source: Australian Government Bureau of Meteorology