Thinking about buying in Altona Meadows? Now could not be a better time, with 9621 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $915,000 with prices in this suburb ranging from $367,000 to $6,835,000. Altona Meadows is located fairly close to the coast at just 0Km 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 | $340.94 |
Median Monthly Mortgage | $1688.11 |
Median Persons Per Bedroom | 0.79 |
Average Household Size | 2.39 |
Average Age | 41.00 |
Average Income | $728.47 |
Average Cars Per Dwelling | 1.69 |
Average Properties Within 50M | 16 |
1 Bed  $852,000 |
2 Bed  $676,000 |
3 Bed  $972,000 |
4 Bed  $1,138,000 |
5 Bed  $1,382,000 |
6 Bed+$1,126,000 |
Consistent high demand relative to supply is a key feature in Altona Meadows driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Altona Meadows 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 Meadows provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Altona Meadows 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 Meadows 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 Meadows a better buying opportunity than it may have been in the past.
Queen of Peace Primary School
Altona Green Primary School
Altona Meadows Primary School
Seabrook Primary School
Jennings Street School
Laverton P-12 College
St Martin de Porres School
Western Autistic School
Carranballac P-9 College
Lumen Christi School
(While the above schools are located with the suburb of Altona Meadows 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
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