Macdonald Avenue Residence - Altona North
Beds
—
Baths
—
Parking
—
Price
$1.3M
Settlement
March 2026
House & Land
$1.3M · Settlement March 2026
Executive Summary
Brand-new, fixed-price house & land packages in Macdonald Avenue Residence, Altona North VIC. Turnkey homes (4–4 bedrooms) from A$1,250,000. 1 lot available.
Why Altona North
11–12 km
From Melbourne CBD
Established inner-west suburb (Victorian Planning Authority)
$950K
Median house price (12 mths to Mar 2026)
230 sales; ~3.4% gross yield (CoreLogic)
67 ha
Altona North urban renewal
~3,000 homes + $54M infrastructure levy (VPA / Hobsons Bay)
Unlike the greenfield growth corridors, Altona North is an established, gentrifying inner-west suburb 11–12 km from Melbourne's CBD (Victorian Planning Authority; apartments.com.au, 2023).
The median house price was $950,000 across 230 sales in the 12 months to March 2026, on a gross rental yield of about 3.4% (CoreLogic) — a tightly held suburb (average hold around 10.6 years) with low listing stock, reflecting price resilience rather than speculative greenfield risk.
The 67-hectare Altona North Strategic Site (the former Bradmill industrial precinct), gazetted for renewal in 2018 and DCP-amended January 2024, is planned to deliver about 3,000 homes, a town centre and $54M of community and transport infrastructure, with CBD rail access via Newport and Spotswood on the Werribee line (Victorian Planning Authority / Hobsons Bay City Council).
Property Details
Property Type
House & Land
Nearby
- St Leo the Great Primary School743m
- Altona North Primary School826m
- Bayside P-12 College Paisley Campus1.07km
- R.J. Cooper Reserve126m
- Haven Central Park496m
- A. W. Langshaw Reserve586m
- Altona Dog Beach3.24km
- Williamstown Beach4.67km
- Altona Beach4.78km
Distances are straight-line and based on OpenStreetMap.
Location
Ready to Invest?
Register your interest and our advisor will be in touch within one business day.
This is general advice only. Figure 8 Capital Pty Ltd ABN 49 681 113 100 (operating Investing Platform) is a Corporate Authorised Representative (001311723) of Mondari Capital Group Pty Ltd AFSL 294138.