Thinking about buying in Altona North? Now could not be a better time, with 8216 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,160,000 with prices in this suburb ranging from $282,000 to $9,514,000. Altona North is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $401.47 |
Median Monthly Mortgage | $2225.13 |
Median Persons Per Bedroom | 0.84 |
Average Household Size | 2.75 |
Average Age | 38.59 |
Average Income | $852.31 |
Average Cars Per Dwelling | 1.63 |
Average Properties Within 50M | 22 |
1 Bed  $814,000 |
2 Bed  $829,000 |
3 Bed  $1,229,000 |
4 Bed  $1,372,000 |
5 Bed  $1,591,000 |
6 Bed+$1,290,000 |
Consistent high demand relative to supply is a key feature in Altona North driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Altona North are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Altona North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Altona North to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Altona North 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 North a better buying opportunity than it may have been in the past.
Altona North Primary School
Emmanuel College
St Leo the Great School
Annunciation School
Newport Gardens Primary School
Wembley Primary School
Western Autistic School
St Margaret Mary's School
Newport Lakes Primary School
St Martin de Porres School
(While the above schools are located with the suburb of Altona North there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 15 | 26.9 | 41.6 | 86.2 | 5.0 | 25.2 |
Feb | 0.9 | 15.1 | 26.2 | 44.1 | 88.2 | 4.8 | 20.5 |
Mar | 0.9 | 13.4 | 23.9 | 45.4 | 89.1 | 4.5 | 16.0 |
Apr | 1.3 | 10.6 | 20.8 | 49 | 91.8 | 4.1 | 11.9 |
May | 1.2 | 8.2 | 17.3 | 55.8 | 91.9 | 4.3 | 8.8 |
Jun | 1.2 | 6.1 | 14.6 | 62.5 | 94.5 | 4.0 | 7.4 |
Jul | 1.0 | 6.2 | 14.3 | 59.0 | 92.2 | 4.8 | 7.8 |
Aug | 1.2 | 6.3 | 15.1 | 53 | 91.5 | 5.0 | 10.4 |
Sept | 1.4 | 7.6 | 18.2 | 46.1 | 90.2 | 5.2 | 14.8 |
Oct | 1.5 | 8.9 | 20.1 | 46.2 | 91.3 | 4.9 | 19.2 |
Nov | 2.2 | 11.4 | 22.6 | 44.6 | 90.3 | 4.9 | 22.4 |
Dec | 1.3 | 12.8 | 24.7 | 42.3 | 87.9 | 5.0 | 25.7 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!