You are pricing Altona North and need the number that actually matters. Start with $735,839 for a house and $454,827 for a unit, then work backwards through bedrooms, rent, deposit, and whether the suburb still makes sense for your budget.
The Verdict
The number to anchor on is the $735,839 median house price, because that is the clearest read on Altona North’s mainstream family-buyer market in early 2026. It is not a cheap-west bargain anymore, but it is still below many inner-west alternatives for buyers who want a detached house without moving too far from the city. The current data shows houses up 4.3% year on year, with a median 37 days on market and a 65% auction clearance rate. That says the market is moving, but not so hot that every decent listing is gone before you can think.
Units are the sharper play if yield matters. The median unit or apartment price is $454,827, with a 5.3% rental yield compared with 3.7% for houses. That gap matters for investors and for first-home buyers who want a lower deposit target: roughly $90,965 for a 20% unit deposit versus $147,167 for a house. The catch is that units do not give you the same land exposure, and Altona North’s long-term story has usually rewarded buyers who secured land in the suburb rather than just a cheaper entry ticket. Don’t treat the median house price as a promise that every 3-bedroom place is fair at $735k - condition, street, and exact location can move the result hard.
Local Reality
Altona North is a suburb where the spreadsheet only tells half the story. The same median can cover very different buying experiences depending on whether you are closer to Millers Road, around Borrack Square, or pushing toward the industrial edges and freeway-connected parts of the suburb. A tidy 3-bedroom house near everyday shops and busier local routes will not feel the same as a compromised property that technically sits inside the same postcode but needs work, has awkward access, or sits on a less appealing street.
The 37-day median days-on-market figure is useful because it suggests buyers still get time to compare, inspect twice, and pressure-test value. But quality stock can move faster, especially if it is a clean family house in the most practical part of the suburb. Auction competition is real without being absurd: a 65% clearance rate means good properties are selling, but the market is not automatically handing every vendor a dream result. If a listing is still sitting after multiple campaigns or price changes, ask why before you call it value.
Skip this if you are only looking for the cheapest possible western-suburbs entry point. Altona North is no longer that simple. If you are west of the parts that keep you connected to the shops, schools, and main roads you actually use, you should also compare nearby suburbs before stretching. The warning is simple: do not pay the good-street price for a problem location just because the suburb median makes it look normal.
Who This Suits
If you are a family buyer, use the 3-bedroom house median of $735,839 as your working benchmark, then allow more for presentation, land, and location. If you are a first-home buyer, the 2-bedroom house median of $515,087 or the 2-bedroom unit median of $454,827 is the more realistic starting point. If you are an investor, the unit numbers deserve attention because a 2-bedroom unit at $454,827 with a $482 per week median rent points to a 5.3% yield. If you are an upgrader, the 4-bedroom house median of $956,590 is the number to test against your borrowing power before you start falling for bigger floorplans.
Cost expectations need to be blunt. A median house purchase implies a 20% deposit of about $147,167, before stamp duty, conveyancing, inspections, moving costs, and any immediate repairs. Stamp duty on the median house is listed at $40,471, or $33,112 for first-home buyers with concessions. A median unit needs a lower deposit at about $90,965, but lower entry cost does not automatically mean better value if body corporate fees, condition, or resale appeal are weak.
Timing matters. Early 2026 data reflects settled sales for the 12 months to March 2026, so it is more useful than agent chatter but still trails what is happening at this weekend’s opens. Spring campaigns can make competition feel sharper, while quieter holiday periods can give prepared buyers more room to negotiate. For rentals, the 1.4% vacancy rate is tight enough that investors have leverage, but renters should expect less choice and less patience from the market.
What to Do Next
Use $735,839 as the house benchmark, then inspect against street, condition, and deposit reality before bidding. For the broader buying picture, read the Altona North property market guide before you trust a single median.
Current Median Prices
| Property Type | Median Price | YoY Change | Rental Yield |
|---|---|---|---|
| Houses | $735,839 | +4.3% | 3.7% |
| Units/Apartments | $454,827 | +6.5% | 5.3% |
Market Indicators:
- Days on market (median): 37 days
- Auction clearance rate: 65%
- Total sales (last 12 months): 275 settled
Price Breakdown by Bedroom Count
Houses
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 2-bedroom | $515,087 | $441,503 - $588,671 |
| 3-bedroom | $735,839 | $625,463 - $846,214 |
| 4-bedroom | $956,590 | $846,214 - $1,103,758 |
| 5+ bedroom | $1,177,342 | $1,030,174 - $1,471,678 |
Units & Apartments
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 1-bedroom | $341,120 | $272,896 - $386,602 |
| 2-bedroom | $454,827 | $386,602 - $523,051 |
| 3-bedroom | $614,016 | $545,792 - $682,240 |
Growth Trend (5-Year View)
| Year | House Median | Unit Median |
|---|---|---|
| 2022 | $621,078 | $354,142 |
| 2023 | $647,970 | $377,003 |
| 2024 | $676,027 | $401,339 |
| 2025 | $705,299 | $427,247 |
| 2026 (YTD) | $735,839 | $454,827 |
Rental Market
Current rental medians in Altona North:
| Property Type | Weekly Rent | Annual Yield |
|---|---|---|
| House (3br) | $538/wk | 3.7% |
| Unit (2br) | $482/wk | 5.3% |
Vacancy rate: 1.4% (tight market, landlord-favourable)
Data sources: REIV quarterly median reports, Domain suburb profiles, CoreLogic RP Data. Figures represent settled sales for the 12 months to March 2026. Individual sale prices vary significantly based on condition, aspect, and exact location.

