Altona Meadows, VIC 3028
Compare Part of Hobsons Bay
17.48 km
Distance from Melbourne CBD
30 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $355,000 | 0.0% | $218,000 | $630,000 | 191 |
| 2010 | $400,000 | +11.3% | $214,000 | $1,100,000 | 235 |
| 2011 | $405,000 | +1.2% | $292,500 | $1,150,000 | 146 |
| 2012 | $386,000 | -4.9% | $265,500 | $2,147,483,647 | 151 |
| 2013 | $380,000 | -1.6% | $1,000 | $800,000 | 219 |
| 2014 | $404,000 | +5.9% | $1,000 | $3,600,000 | 319 |
| 2015 | $436,000 | +7.3% | $1,000 | $805,000 | 246 |
| 2016 | $507,000 | +14.0% | $230,000 | $905,000 | 223 |
| 2017 | $630,000 | +19.5% | $376,500 | $1,290,000 | 180 |
| 2018 | $639,000 | +1.4% | $400,000 | $1,075,000 | 163 |
| 2019 | $630,000 | -1.4% | $400,000 | $1,020,000 | 162 |
| 2020 | $650,000 | +3.1% | $415,000 | $1,050,000 | 116 |
| 2021 | $730,000 | +11.0% | $435,000 | $1,290,000 | 218 |
| 2022 | $750,000 | +2.7% | $400,000 | $1,360,000 | 205 |
| 2023 | $727,000 | -3.2% | $450,000 | $1,560,000 | 182 |
| 2024 | $725,000 | -0.3% | $435,000 | $1,900,000 | 214 |
Median Sale Price
$725K
Based on 214 recorded sales within the last 12 months
Updated on 29 Dec 2024
Suburb Growth
-0.3%
Current Median Price: $725,000
Previous Median Price: $727,000
Based on 396 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $310 | 0.0% | $140 | $500 | 283 |
| 2012 | $310 | 0.0% | $150 | $460 | 318 |
| 2013 | $315 | +1.6% | $230 | $500 | 278 |
| 2014 | $320 | +1.6% | $210 | $2,000 | 282 |
| 2015 | $330 | +3.0% | $200 | $600 | 363 |
| 2016 | $340 | +2.9% | $150 | $560 | 297 |
| 2017 | $360 | +5.6% | $280 | $1,651 | 287 |
| 2018 | $370 | +2.7% | $290 | $570 | 251 |
| 2019 | $370 | 0.0% | $270 | $525 | 275 |
| 2020 | $380 | +2.6% | $250 | $650 | 237 |
| 2021 | $380 | 0.0% | $290 | $700 | 251 |
| 2022 | $400 | +5.0% | $290 | $600 | 272 |
| 2023 | $450 | +11.1% | $320 | $750 | 195 |
| 2024 | $505 | +10.9% | $320 | $790 | 142 |
Median Rent Price
$505
per week
Based on 142 recorded rent within the last 12 months
Updated on 29 Dec 2024
Rent Price Growth
+10.9%
Current Median Rent: $505
Previous Median Rent: $450
Based on 337 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $725,000
Current Median rent: $505
Based on 356 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Altona Meadows
Houses sold in Last 12 months ends 28 Dec 2024
$735K
Median Sale Price
70%
Clearance Rate
18/26
Sold/Reported
$1.9M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
| $800 K - $1 M | 2 | |
| $600 K - $800 K (Median Price Range) | 7 | |
| $400 K - $600 K | 3 | |
Similar Suburbs to Altona Meadows 3028
Based on median house sale price sold in last 12 months
Schools closest to Altona Meadows, VIC 3028
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Altona Meadows Primary School | 78-88 ALMA AVENUEAltona Meadows 3028 | Primary | Government | 0.51 km |
| Laverton P-12 College | 91 BLADIN STREETLaverton 3028 | Combined | Government | 1.68 km |
| Altona Green Primary School | 240 VICTORIA STREETAltona Meadows 3028 | Primary | Government | 1.75 km |
| St Martin de Porres School | 13-25 BELLIN STLaverton 3028 | Primary | Catholic | 1.96 km |
| Seabrook Primary School | 83-105 POINT COOK ROADSeabrook 3028 | Primary | Government | 1.94 km |