Altona North, VIC 3025
Hobsons Bay City, Victoria
Good to Know
Altona North, VIC 3025 is a tightly-held house market in the Hobsons Bay City Council area, currently positioned as a income-oriented, low-capital-growth submarket. Located about 13 km west of Melbourne CBD, it is home to roughly 12,962 adult residents across 7,625 dwellings and records a vacancy rate of 1.02%.
According to HtAG Analytics, Altona North is exhibiting tight seller supply with steady rental demand. Stock on Market sits at 0.28% and Inventory at 2.73 months — within the ~3-month balanced-market threshold — driving +0.1% YoY price growth and +5.2% YoY rent growth.
What the market data is signalling
Altona North shows almost-flat capital values (+0.1% over 12 months) while rents are rising strongly (+5.2%), a profile that favours yield-focused investors. The gross yield of 3.86% sits above the minimum-recommended threshold and, coupled with a very low Stock on Market of 0.28% and a short median DOM of 31 days, signals opportune selling conditions and firm rental fundamentals. For a visual view of short-term momentum, see the Markets in the Moment (MiM™) heatmap.
Who lives in Altona North — and why it matters for investors
Altona North has an IRSAD of 976, above the recommended minimum, which points to modest socio‑economic resilience in local demand. Tenure splits (Renter/Owner 31.0%) and dwelling mix (Units/Houses 30.0%) are both in the neutral band, indicating a mixed community that can support steady rental demand without extreme volatility. For research on how area socio‑economic mix affects returns, see the IRSAD Crossover study.
Why suburb-level data matters for Altona North
Suburb-level metrics capture the local supply/demand balance that council averages can conceal. Altona North’s own figures — a typical house price of $955,723, gross yield 3.86%, Stock on Market 0.28%, Inventory 2.73 months and median DOM 31 days — tell a specific story about trading speed and rental strength that should drive investment decisions on their own merits. Read more about why LGA and suburb layers differ at LGA vs Suburb research.
Download the full Altona North data guide for the complete suburb pack.
What's behind the RCS™ score of 85
The HtAG RCS™ overall score of 85 bundles three independent dimensions — risk minimisation, capital-growth potential and cashflow resilience — into a single composite. Reading the sub-score breakdown helps match Altona North to an investment strategy (income vs. growth). Learn more about how the RCS™ is built. To dig into scenario modelling and parcel-level metrics, open Altona North in HtAG Copilot.
Forward signals to watch
vacancy rate — currently 1.02%: this balanced vacancy reading supports ongoing rental growth; if vacancy falls below 1% and stays there for 12–24 months, expect stronger upward pressure on rents and tighter tenant markets.
building approvals ratio — currently 1.21%: a neutral approvals reading that suggests moderate new supply is entering the pipeline, unlikely to overwhelm demand in the near term but worth monitoring for any sustained acceleration above the neutral band.
Melbourne cycle phase: a city-wide upswing would likely lift local clearance rates and price momentum in Altona North, while a broader slowdown across Melbourne could dampen capital growth even if rents remain relatively resilient.
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RCS Breakdown
Altona North's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
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Market Trends
Altona North's headline values — $955K to buy and $708PW to rent, a 3.85% gross yield. Over the past decade, prices have moved 37.75% and rents 81.59% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$955K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$708PW today, with rent growth at (+5.19% YoY) compared to price growth (+0.13%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Altona North in its cycle - and is the 3.85% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Altona North's long-hold story?
Beyond the headline price, Altona North carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Altona North's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Fundamentals
Altona North can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Altona North genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Altona North prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Altona North - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Altona North looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Altona North's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Altona North has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Altona North shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Altona North has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.
The total adult population (15 years or older) of Altona North 3025 VIC is 10,339, with a median age of 37. Of those, 44.53% are married, 11.06% are divorced or separated, 36.28% are single and 8.18% are widowed.
The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $8,548. The median monthly mortgage repayment for households in this suburb is $2,167 which is 25.35% of their earnings.
Source: ABS Census Data (2021)