ALTONA 3018
State: VICPosiProp AI Investment Summary
ALTONA (VIC 3018) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.0% and has experienced a 12-month capital growth of Down -0.2%, with a median house buy price of $1,173,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$850,000
$1,080,000
$1,352,500
$1,173,000
Suburb Market Profile
Last month Altona had 44 properties available for rent and 66 properties for sale. Median property prices over the last year range from $1,173,000 for houses to $711,500 for units. If you are looking for an investment property, consider houses in Altona rent out for $650 PW with an annual rental yield of 3.0% and units rent for $530 PW with a rental yield of 4.1%. Altona has seen an annual compound growth rate of -0.2% for houses and 0.6% for units.