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Altona North is a suburb in City of Hobsons Bay, Australia with 12152 residents. The median house price is $900K with a rental yield of 3.1%. Our analysis rates Altona North with a suburb score of 76/100 for investment timing.
Property prices in this suburb may grow below average in the short term. Rental growth could also slow during this consolidation phase. Consider monitoring market indicators before investing.
76
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Altona North has a suburb score of 76/100 for investment timing, placing it in the moderate investment category within City of Hobsons Bay. The suburb shows balanced fundamentals for property investment, with reasonable growth potential and stable rental returns. Investors seeking a mix of capital growth and rental yield may find Altona North suitable for their portfolio.
Altona North's capital growth outlook is moderate based on current market indicators. Altona North shows stable growth fundamentals with some variation across different property types. Investors should consider factors like proximity to amenities, school catchments, and infrastructure developments when assessing individual property growth potential.
Altona North is located within City of Hobsons Bay Local Government Area in Australia. City of Hobsons Bay encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Altona North is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Altona North is $900K based on recent sales data. This median price positions Altona North as a mid-market suburb in City of Hobsons Bay, balancing accessibility for investors with capital growth potential.
Altona North has an average rental yield of 3.1%, which is below the national average, which is common in premium or high-growth suburbs where investors prioritize capital appreciation over rental income. Investors in Altona North typically focus on long-term wealth building rather than immediate cash flow.
Altona North has a population of approximately 12152 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Altona North is a medium-sized suburb with a balanced community feel and access to local services.
Altona North's suburb score of 76/100 can be compared against other suburbs in City of Hobsons Bay to identify relative investment value. With a score between 50-80, Altona North sits in the middle tier of City of Hobsons Bay suburbs. Some neighboring suburbs may offer better timing opportunities while others may be less favorable. Compare all suburbs in City of Hobsons Bay using our platform to find the best investment opportunities.
