Altona East vs Altona North.
Comparing two suburbs with median house prices of $1,076,000 and $895,000. Altona North edges out on more headline metrics in this comparison.
Altona North (median $895,000) is roughly 20% cheaper to buy into than Altona East ($1,076,000).
For buyers
Altona North is the lower entry point at $895,000 median, 20% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Altona North offers the higher gross rental yield (2.32% vs 1.93%), favouring cash-flow investors.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Altona East or Altona North cheaper to buy in?
Altona North has the lower median house price at $895,000, roughly 20% below Altona East ($1,076,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which suburb has higher rental yield, Altona East or Altona North?
Gross rental yield on houses is 2.32% in Altona North vs 1.93% in Altona East. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Altona East against another suburb