43 Civic Parade, Altona, VIC 3018 | Property Value & History | OnTheHouse
 
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43 Civic Parade
Altona VIC 3018

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 135m2
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Last updated 11 May 2026
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Property Details for 43 Civic Pde, Altona

Building Type
Unknown
Land Size
135m2
Local Government
Hobsons Bay

Last Listing description (February 2026)

Compton Green Commercial is proud to present this outstanding mixed-use opportunity in Altona - a tightly held coastal precinct offering strong exposure, secure income, and future flexibility.

Positioned on a prominent main road, this versatile property combines a high-performing retail investment with a fully renovated residential apartment, making it ideal for investors seeking immediate returns and long-term upside.


43 Civic Parade, Altona - Retail Investment

• Building Area: 110m² (approx.)

• Current Return: $35,000 per annum + GST & outgoings

• Lease Terms: Two (2) further options of three (3) years each

• Zoning: Business 1

• Parking: On-site parking available

• Exposure: High-traffic main road frontage

• Tenant: Securely leased to The Greek Grill

• With strong street presence and an established tenant, this retail component provides reliable income from day one.

43A Civic Parade, Altona - Residential Apartment

• Building Area: 110m² (approx.)

• Bedrooms: 3 generous bedrooms

• Living: Spacious kitchen and dining area

• Lounge: Separate, light-filled living space

• Condition: Fully renovated throughout

• Occupancy: Vacant - ready to move in or lease immediately

• Perfect for owner-occupiers, additional rental income, or a live-and-invest strategy.

Investment Highlights

Dual-income potential
Prime main road exposure
Secure commercial tenancy
Renovated residential accommodation
Flexible future options

A rare opportunity to secure a well-positioned mixed-use asset in a sought-after bayside location.

Inspection is a must.

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Property History for 43 Civic Pde, Altona, VIC 3018

A timeline of how this property has performed in the market
  • 24 Feb 2026
    Listed for Sale CONTACT AGENT!
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About 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 7,802 properties. Over the last 5 years, Houses in Altona have seen a 16.67% increase in median value, while Units have seen a 10.64% increase. As at 30 April 2026:

  • The median value for Houses in Altona is $1,197,446 while the median value for Units is $691,251.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 5 properties listed for rent in Altona on OnTheHouse. According to Cotality's data, 338 properties were sold in the past 12 months in Altona.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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