23/23A Somers ParadeAltona VIC 3018
Property Details for 23/23a Somers Pde, Altona
Last Listing description (January 2026)
A range of possibilities exist with this great opportunity. The shop is leased to solid tenant currently on a month to month tenancy along with the two bedroom dwelling at the rear.
The combined current return is $39,000 per annum approx..
With the land exceeding 230m further development may be considered. The choice is yours as to how best utilize this busy shopping strip with bus and train close at hand and schools nearby.
Property History for 23/23a Somers Pde, Altona, VIC 3018
- 22 Jan 2026Listed for Sale $950,000 - $990,000
- 13 May 2025Listed for Sale $980,000 - $1,050,000
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0About Altona 3018
The size of Altona is approximately 16.6 square kilometres. It has 31 parks covering nearly 21.2% of total area. The population of Altona in 2016 was 10762 people. By 2021 the population was 11490 showing a population growth of 6.8% in the area during that time. The predominant age group in Altona is 30-39 years. Households in Altona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona work in a professional occupation.In 2021, 66.30% of the homes in Altona were owner-occupied compared with 64.20% in 2016.
Altona has 7,807 properties. Over the last 5 years, Houses in Altona have seen a 36.34% increase in median value, while Units have seen a 9.86% increase. As at 31 January 2026:
- The median value for Houses in Altona is $1,199,570 while the median value for Units is $681,534.
- Houses have a median rent of $630 while Units have a median rent of $525.
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