SOLD
RECENT ADVICE
Sold on 16 Oct 2024 for $750,000

5 Presswell Close
Altona Meadows VIC 3028

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Property Details for 5 Presswell Cl, Altona Meadows

5 Presswell Cl, Altona Meadows is a 3 bedroom, 2 bathroom House. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Altona Meadows in the last 12 months.

Building Type
House
Local Government
Hobsons Bay
Lot/Plan
526/LP210418

Last Listing description (October 2024)

One Agency Property Partners and Hamish Sethi proudly presents 5 Presswell Close, Altona Meadows. Nestled in the highly sought-after Altona Bay area, this property is perfect for savvy investors or those eager to renovate or redevelop and craft their ideal home. Boasting a fabulous location, the potential of this property is immense.

Although not in flawless condition, the property offers numerous advantages. With 3 bedrooms, 2 bathrooms, and approximately 707 sqm of land, there's ample space to unleash your creativity.

Maximise the property's potential by either restoring it or opting for a knock-down-rebuild, both of which have the potential to significantly increase its value and improve its liveability, especially considering its prime location.

Please call Hamish Sethi on 0430 365 823 to arrange your inspection today to secure this fantastic opportunity.

Please note: All dimensions provided are approximate. Information given is for general reference only and does not constitute any representation from the vendor or agent.

Property History for 5 Presswell Cl, Altona Meadows, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$750,000
16 Oct 2024
  • 16 Oct 2024
    Sold for $750,000
  • 27 Aug 2024
    Listed for Sale Under Contract By Hamish Sethi
  • 18 Apr 2024
    Listed for Sale $790,000 - $850,000
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About Altona Meadows 3028

The size of Altona Meadows is approximately 10.6 square kilometres. It has 32 parks covering nearly 44.9% of total area. The population of Altona Meadows in 2011 was 18,745 people. By 2016 the population was 19,166 showing a population growth of 2.2% in the area during that time. The predominant age group in Altona Meadows is 30-39 years. Households in Altona Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona Meadows work in a professional occupation. In 2011, 71.6% of the homes in Altona Meadows were owner-occupied compared with 69.6% in 2016.

Altona Meadows has 8,623 properties. Over the last 5 years, Houses in Altona Meadows have seen a 14.62% increase in median value, while Units have seen a 12.39% increase. As at 31 October 2024:

  • The median value for Houses in Altona Meadows is $749,537 while the median value for Units is $516,842.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 18 properties listed for sale, and 8 properties listed for rent in Altona meadows on OnTheHouse. According to CoreLogic's data, 273 properties were sold in the past 12 months in Altona meadows.

Suburb Insights for Altona Meadows 3028

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Hamish Sethi
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Manisha Bajaj
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One Agency Property Partners
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.