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Home Suburb Profiles Greater Melbourne City Of Hobsons Bay Altona Meadows
City of Hobsons Bay
Altona Meadows

Altona Meadows Property Market
& Suburb Profile

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MEDIAN PRICES IN ALTONA MEADOWS

Median house price

(all agencies, last 12 months)$756k*

House price change

(all agencies, last 12 months)+2.8%

Median unit price

(all agencies, last 12 months)$557k*

Unit price change

(all agencies, last 12 months)+5.09%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

ALTONA MEADOWS PRICE TRACKER

HousesUnits

ALTONA MEADOWS SALES OVERVIEW

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)36

Average days on market (units)

(all agencies, 12 months)40

Auction clearance rate in Altona Meadows

(all agencies, last 12 months)100%

Average held period in Altona Meadows

(proptrack)14 years

ALTONA MEADOWS INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$545pw

House rental price change

(all agencies, last 12 months)0.07%

Median rental price for Units

(all agencies, last 12 months)$468pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.71%

Average rental yield for Units

(all agencies, last 12 months)4.58%

Altona Meadows total population size

(as at the last census)18,479

Median household size in Altona Meadows

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

ALTONA MEADOWS PROPERTY TYPES

  • Houses 53%
  • Units 14%
  • Other 33%

OCCUPANCY IN ALTONA MEADOWS

  • Owned 71%
  • Rented 27%
  • Other/Not Stated 2%
  • Singles 27%
  • Families 71%
  • Other 3%

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ABOUT ALTONA MEADOWS

A hidden and undervalued gem, Altona Meadows is a quiet and leafy suburb only 5 minutes’ drive from Altona beach and 17km south-west of Melbourne’s CBD (approximately a 20-minute drive).

Altona Meadows recorded a population of 19,160 people in the 2016 census. The local council for Altona Meadows is the City of Hobsons Bay.

This is a great area people of all walks of life (singles, professionals, families with kids or retirees).

In Altona Meadows, there’s an abundance of parks, sporting facilities and it’s close to shops and quality schools and also has a newly renovated library and Central Square shopping centre.

Getting around is easy in Altona Meadows with public transport including the train line and buses. Local residents describe Altona Meadows as safe and peaceful family-friendly area.

The general consensus is that Altona Meadows is excellent value for money, being so close to Melbourne city and beach.

If you want to head out on the town, it’s a quick train ride to Yarraville or Newport, or 20 minutes into the city and for those that enjoy a surf, the surf coast is only about an hour’s drive away.

Altona Meadows is a multi-cultural area, with around half of the residents having been born in Australia. In the 2016 census, the next most common countries of birth were India, England, Malta, Vietnam and the Philippines. With just over half of the Altona Meadows residents speaking English at home.

The popular Cheetham Wetlands Reserve is located partly within the suburb of Altona Meadows, it has boardwalks traversing its network of lagoons, and is a great place for a stroll or to bird watch.

There are three schools in Altona Meadows, as well as an array of other schools nearby in the surrounding suburbs.

Great for:

  • Parks & Recreation
  • Peace & Quiet
  • Public Transport
  • Schools
  • Beach Lovers

Who lives here?

  • Families with kids
  • Professionals
  • Singles
  • Retirees
  • Beach Lovers

Education

Altona Green Primary School
Altona Meadows Primary School
Queen of Peace Primary School
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SALES COMPARISON

Find out how Altona Meadows median sales prices compare to neighbouring suburbs.

ALTONA MEADOWS MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)		Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)		Rental Yield
2025331$656,6252.80%383$507pw4.14%
2024281$630,2500.06%295$480pw4.13%
2023260$622,500-2.67%379$449pw3.96%
2022264$632,5004.17%458$388pw3.44%
2021314$606,25012.50%475$358pw3.12%
YearSoldMedian Sale Price
(All Residential)		Sales Growth YoY
2025331$656,625+2.80%
2024281$630,250+0.06%
2023260$622,500-2.67%
2022264$632,500+4.17%
2021314$606,250+12.50%
YearLeasedMedian Rental Price
(All Residential)		Rental Yield
2025383$507pw4.14%
2024295$480pw4.13%
2023379$449pw3.96%
2022458$388pw3.44%
2021475$358pw3.12%

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ALTONA MEADOWS QUICK LINKS

Residential Property

House - for Sale - for Rent

Find Properties by Bedrooms

All bedrooms - for Sale - for Rent
2 bedrooms - for Sale
3 bedrooms - for Sale - for Rent

Media Hub

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.