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Alt North

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Alt North · Altona North, Victoria · For Sydney homeowners with equity

Same distance to a capital city. $508,000 difference.

A three-bedroom attached dwelling 12km from the Sydney CBD medians $1,358,000. Ten kilometres from the Melbourne CBD, a brand new one inside a master-planned precinct starts at $850,000. We researched the suburb and the project and scored it on 60 points before we agreed to put it in front of investors. That score is what you are downloading.

Median 3-bed attached dwelling

10 to 13km from each CBD, rolling 12 months to September 2026

Altona NorthMelbourne, 10km, new build from
$850k
ChermsideBrisbane, 10km, 42 sales
$990k
CarinaBrisbane, 11km, 28 sales
$1.05m
RydeSydney, 13km, 67 sales
$1.31m
BurwoodSydney, 12km, 32 sales
$1.36m

Domain suburb profiles, median sold price, rolling 12 months to September 2026, sales counts shown. Alt North is a release price, not a median. Domain's category is attached dwellings, not townhouses. Distances are straight line.

Get the 60-point Alt North score

Twelve pages. Every assumption printed on the page, from holding costs to the rent appraisal. It arrives by email.

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  • Read it before you speak to anyone
  • No call until you ask for one
  • The same report we give our own clients

General advice only. We do not sell your details, and we do not pass them to the developer without your say-so.

The project, in one screen

Alt North

Altona North, Victoria

Altona North sits in Melbourne's Inner West, about 10km from the CBD. It is an established suburb, not a greenfield estate: the shops, the schools and the train line are already there, and Alt North is being built inside one of the few master-planned precincts of its size anywhere in Melbourne's inner suburbs.

We researched the suburb before we looked at the project. Altona North has a published suburb report on this site, scored on 30 public measures across supply, population, housing, employment, resources and education, and the project itself has been through the 60 data point review process. The score you are downloading is the result.

Sixty brand new three-bedroom townhouses, from $850,000, with the precinct's new town centre, parks and streets being delivered around them. Few projects in the inner suburbs can offer new build depreciation, new build tax treatment and an established location at the same time. This one does.

Alt North corner townhouses, artist's impression
From
$850,000
Three-bedroom townhouse, release price. To be confirmed in writing before launch.
Where
10km west of the Melbourne CBD
What
60 brand new three-bedroom townhouses
The score
Twelve pages. Every assumption printed on the page, from holding costs to the rent appraisal.
Get the score
Alt North street, artist's impression
60 brand new three-bedroom townhouses
Artist's impression. Landscaping and finishes indicative.
Why Melbourne, in four numbers

Cheapest big city. Highest yield. Reasons you can check.

$786,718
Melbourne median dwelling. Sydney is $1,222,718.
4.0%
Gross rental yield, highest of the four largest capitals. Sydney 3.3%.
14,519
Homes completed in Victoria in the March 2026 quarter, more than any state. That is why it is cheaper.
1 July 2027
Negative gearing becomes new-build only for new purchases. Alt North qualifies.

Cotality Home Value Index to 31 August 2026; ABS Building Activity, March quarter 2026; 2026-27 Federal Budget. We are not predicting a Melbourne recovery. The case is price, yield and tax treatment.

PORT PHILLIP BAY5 km10 kmMelbourne CBDWilliamstown $1.46mNewport $1.15mYarraville $1.16mSeddon $1.18mALT NORTHfrom $850kbrand new, 3 bed10 km

Schematic, straight-line distances. Neighbouring figures are Domain median sold prices for three-bedroom houses, last 12 months. Alt North is a release price for a brand new three-bedroom townhouse, not a median.

Melbourne against Sydney

Dwellings, Cotality Home Value Index to 31 August 2026

Median dwelling, Melbourne
$786,718
Median dwelling, Sydney
$1,222,718
12 months, Melbourne
−4.7%
12 months, Sydney
−4.6%
Gross rental yield, Melbourne
4.0%
Gross rental yield, Sydney
3.3%

Cotality medians and Domain suburb medians are different series and are not compared with each other anywhere on this page. Past performance is not a guide to future performance.

Alt North townhouse facades, artist's impression
Why Altona North

A new precinct, inside an established suburb. That almost never happens.

Most new precincts are built on the city fringe. Alt North sits inside the Altona North Comprehensive Development Plan: 66 hectares of former industrial land 10km from the CBD, gazetted in 2018, with a new town centre, parks and streets funded as part of the plan.

New amenity, inside a suburb where the schools, shops and freeway are already there. That is the combination a tenant pays for and an investor rarely gets at a new-build price.

New town centre10,000m2 retail, service and office
8.9ha of new parksOpen space across the precinct
1,000+ local jobsRetail, service and office
Schools already hereThree inside Altona North
West Gate FreewayWest Gate Tunnel open since Dec 2025
10km to the CBDInner West, Hobsons Bay
66ha
Master-planned precinct, 10km from the CBD
~3,000
New homes planned across the precinct
8.9ha
New parks and open space
$55.1m
Developer-funded transport and community infrastructure

Altona North Comprehensive Development Plan, Victorian Planning Authority. Figures are plan targets for the whole precinct, not for Alt North alone.

Questions we get from interstate

Before you ask for the score

Why would I buy in a city I cannot drive past on the weekend?

Because the property is an investment, not a home, and it is usually assessed on rental demand, supply, holding cost and tax treatment rather than proximity to you. Our Melbourne team does the site visits and inspections and reports back with photos and video, and a local property manager handles the tenancy. Many of our clients never see the property in person before settlement.

Is $850,000 confirmed, and what does it buy?

The release price for a three-bedroom townhouse is $850,000 at the time of writing. We treat it as a from price, not a median, and we say so on the chart. Floor plans, inclusions and the exact lots available at that price are in the score and are confirmed in writing before you commit to anything.

What happens after I download the score?

You get the PDF by email, followed by a short series of emails over about four weeks that walk through the research behind it. Nobody calls you unless you ask. If you want to talk it through, you can book a discovery session with Cam or Adam from any of those emails or from this page.

Does Oli Property get paid by the developer?

Oli Property is paid a commission by the vendor when a client buys, and you pay nothing upfront for the research, the score or the discovery session. We publish the full score because our research team signs off on every project before it goes in front of a client, and the score is their work, not a sales document.

Why Oli Property

Research first. Property second.

Oli Property is part of the Oliver Hume Property Group, which has sold Australian residential property since 1954 and helped over 290,000 Australians buy and invest in new property.

Our research, led by Chief Economist Matt Bell, covers 4,800 suburbs and is relied on by government and ASX 200 companies. Every property we put in front of a client has been through our 60 data point review process first.

We have no reason to push you toward one outcome over another, which is why we run the numbers against our 60 data point review process, across 4,800 suburbs. If this project does not suit your position, we will tell you, and we will tell you why.

1954
Oliver Hume founded
290,000+
Australians helped to buy and invest in new property
4,800
Suburbs covered by our research
60+
Data points in every property review
One page, one offer

Read it before you speak to anyone.

The score is free, it arrives by email, and nobody calls you unless you ask. If you would rather talk it through first, a discovery session with Cam or Adam is about an hour by video.

Cameron YatesAdam Duster
Cameron Yates and Adam Duster, Property Investment Specialists
1300 881 780oliproperty.com.auMelbourne: Level 2, 4 Riverside Quay, Southbank VIC 3006Sydney: Level 24, Tower 3, 300 Barangaroo Ave, NSW 2000PrivacyDisclaimer

About the figures on this page

Suburb medians on this page are Domain median sold prices for three-bedroom attached dwellings, rolling twelve months to September 2026, with sales counts shown; they move and will be re-verified before any campaign goes live. Capital city figures are Cotality Home Value Index dwellings to 31 August 2026. Alt North's $850,000 is a release price for a three-bedroom townhouse, not a median, and is subject to written confirmation. Distances are straight line.

General advice disclaimer

The information on this page has been prepared as a general guide only and does not constitute advice. It has been prepared without taking account of your objectives, financial situation or needs. Before acting on any information you should consider its appropriateness having regard to your own objectives, financial situation and needs, and seek independent advice from a qualified professional. Any forward looking statements are estimates only, are affected by a significant number of unpredictable factors, and there are no guarantees they will be achieved. Property markets perform at different rates and past performance is not an indicator of future performance. Taxation outcomes depend on individual circumstances and you should speak with a qualified accountant. Medians quoted are rolling twelve month figures from the named provider and move over time; the from price is a release price, not a median.

Mortgage brokerage is provided by MyFirstLoan.au Pty Ltd ACN 168 808 946, Australian credit representative number 564038 of Allied Financial Consulting Pty Limited ACN 059 732 419, ACL 393845. Loans are structured and managed by Homestar Finance, ACL 390860.

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