Hobsons Bay · 3018
Altona, VIC
listings tightening 7.0% YoY, incomes +21.0% (5y).
NextSuburb scoreTier C
47Average
Median house
$1.04M
5y growth
3.1%/yr
Gross yield
1.9%
Vacancy
1.3%
Late-cycle holdHigh confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)3.1%/yr31/100
- Population growth+7.8% (5y)78/100
- Supply tightening-7.0% YoY85/100
- Rental yield1.9%39/100
- Rental demand1.3% vacancy68/100
- Income growth+21.0% (5y)84/100
- Construction pipelineno nearby pipeline0/100
- Affordability31% under cap31/100
Why this score
Altona scores 47/100 (Average). The two strongest signals: 21.0% income growth and 7.8% population growth over five years. The standout watch-out: gross yield of 1.9% leaves modest cashflow.
Drivers
- Supply tightening-7.0% YoY
- Income growth+21.0% (5y)
- Population growth+7.8% (5y)
- Tight rentals1.3%
Risks
- Thin gross yield (1.9%)
- Modest 5y growth (3.1%/yr)
Nearest infrastructure
West Gate Tunnel8.6 km away
Construction · $10.2bn · completion 2025
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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