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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Altona North, the median property price for a house is currently 910,000 with annual capital growth of 2.25 . There were 162 house sales in the past 12 months. On average, houses spend 50 days on market.
If you're thinking about buying an investment property in Altona North, consider that rental yields for houses are currently 3.52 with an average median rent of 600 weekly. Houses have seen 1.11 growth in the past quarter, and 2.25 growth in the past 12 months.
The size of Altona North is approximately 14.1 square kilometres. It has 21 parks covering nearly 18.9% of total area. The population of Altona North in 2011 was 11,378 people. By 2016 the population was 12,155 showing a population growth of 6.8% in the area during that time. The predominant age group in Altona North is 30-39 years.
Households in Altona North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona North work in a professional occupation. In 2011, 68.1% of the homes in Altona North were owner-occupied compared with 66.1% in 2016.
In Altona North, the median property price for a unit is currently 772,500 with annual capital growth of -1.12 . There were 88 unit sales in the past 12 months. On average, units spend 52 days on market.
If you're thinking about buying an investment property in Altona North, consider that rental yields for units are currently 4.09 with an average median rent of 622 weekly. Units have seen -0.96 growth in the past quarter, and -1.12 growth in the past 12 months.
The size of Altona North is approximately 14.1 square kilometres. It has 21 parks covering nearly 18.9% of total area. The population of Altona North in 2011 was 11,378 people. By 2016 the population was 12,155 showing a population growth of 6.8% in the area during that time. The predominant age group in Altona North is 30-39 years.
Households in Altona North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona North work in a professional occupation. In 2011, 68.1% of the homes in Altona North were owner-occupied compared with 66.1% in 2016.
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| Key Market Data | House | Unit |
| Median price | 910,000 | 772,500 |
| Quarterly growth | +1.11 | -0.96 |
| 12-month growth | +2.25 | -1.12 |
| Average annual growth | +2.87 | +3.51 |
| Weekly median rent | 600 | 622 |
| Gross rental yield | 3.52 | 4.09 |
| Number of Sales (12m) | 162 | 88 |
| Avg. Days on Market (12m) | 50 | 52 |
| Key Demographics | 2011 | 2016 |
| Total population | 11,378 | 12,155 |
| Population change (5y) | +4.50 | +6.80 |
| Median household income (p/w) | 915 | 1,258 |
| Household income change (5y) | +32.23 | +37.49 |
| Median age of persons | 38 | 38 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Altona North was 12,155 in 2016, a +6.80 change compared to 2011.
The predominant age group in Altona North is 30-39 years.
The population of Altona North was 12,155 in 2016, a +6.80 change compared to 2011.
The predominant age group in Altona North is 30-39 years.
Most of the population in Altona North were born in Australia.
Most of the population in Altona North were born in Australia.
Most of the population in Altona North report their religion as Catholic.
Most of the population in Altona North report their religion as Catholic.
Most of the population in Altona North report their income range as between 78,000 and 130,000 .
The median household income in Altona North was 1,258 in 2016, a +37.49 change compared to 2011.
Most of the population in Altona North report their income range as between 15,000 and 31,000 .
The median household income in Altona North was 915 in 2011, a +32.23 change compared to 2006.
Most of the population in Altona North work as Professional.
Most of the population in Altona North work as Professional.
The chart below demonstrates the various levels of education in Altona North.
The chart below demonstrates the various levels of education in Altona North.
Most of the population in Altona North reached a qualification level of Certificate.
Most of the population in Altona North reached a qualification level of Not Stated.
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