VIC3028· Pop. 28,191Wyndham

ALTONA MEADOWS

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

56

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$750,000

VIC Gov · 2025

Rent yield

2.4%

computed from govt data

Annual growth

0.6%

annualised from govt data

Vacancy rate

2.4%

modelled estimate

AI insights for ALTONA MEADOWS

Investment analysis, risks & comparisons

PREMIUM

ALTONA MEADOWS shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$341/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+2.8%

annual shift

Yield × growth index

1.5

combined signal

Net yield (est.)

2.89%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+2.8%

est. compound, long-run avg

10-yr growth (CAGR)

+5.9%

est. compound, long-run avg

Rental demand

51 / 100

Moderate demand

Supply pipeline

Real

0.2%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

5-year price history

2020
$653k
2021
$730k
2022
$755k
2023
$742k
2025
$750k

Source: VIC Gov · 2025 · all sources

Market overview

ALTONA MEADOWS is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 2.4% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,634/wk

$76k taxable p.a.

Renters

29.2%

68.5% owner-occupier

Median age

38.0 yrs

Unemployment

3.1%

Population growth

+1.9% p.a.

Investor-owned

13.0%

of all dwellings (ATO)

Houses

75%

20% apartments

Degree qualified

35.3%

bachelor's or higher (ABS)

Work from home

20.8%

of employed residents (ABS Census)

Median lot size

460 m²

Standard block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

9.1%

Active STR market

Market activity

Distance to CBD

17.7 km

Outer suburbs

Days on market

22 days

Fast-moving market

Auction clearance

64.7%

Balanced market

Walkability

73 / 100

Walker's paradise

Coastal proximity

18.1 km

Coastal fringe

NBN technology

FTTP

Fastest — full fibre to premises

Population density

2,044/km²

Dense urban

Schools in postcode 3028

🏫5 Primary📚1 Combined2 Special
ACARA 2025

🏫Primary (5)

Seabrook Primary School

Government · Yrs Prep-6

ICSEA 1096

St Martin de Porres School

Catholic · Yrs Prep-6

ICSEA 1080

Queen of Peace Primary School

Catholic · Yrs Prep-6

ICSEA 1064

Altona Green Primary School

Government · Yrs Prep-6

ICSEA 1051

Altona Meadows Primary School

Government · Yrs Prep-6

ICSEA 1000

📚Combined (1)

Laverton P-12 College

Government · Yrs Prep-12

ICSEA 924

Special (2)

Western Autistic School

Government · Yrs U

ICSEA 1042

Jennings Street School

Government · Yrs U

ICSEA 1037

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
39/ 100

9.7 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
1037ICSEA · national avg 1000

8 schools in postcode area

Source: ACARA My School 2025

Transit access

Good
42/ 100
🚆 3 train🚃 6 tram🚌 36 bus

Source: State GTFS feeds

Gentrification signal

35

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

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Location

Properties in ALTONA MEADOWS

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