Altona North is a well-established working-class suburb in Melbourne's inner-west, with good transport links and a growing café scene as western gentrification extends from Footscray. Strong rental demand from port workers and logistics employees underpins consistent yields. At the current $820k median house price, an 80% loan at 6.25% over 30 years is about $4,039 per month.
| Median house price | $820,000 |
|---|---|
| Median unit price | $540,000 |
| Estimated monthly repayment | $4,039 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7% |
| Gross rental yield | 4.1% |
| Typical days on market | 13 |
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