5/56 Rayner StreetAltona VIC 3018
Property Details for 5/56 Rayner St, Altona
5/56 Rayner St, Altona is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 966m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (March 2024)
This bright, inviting unit in an ideally situated block of only 6 makes its first home buyer appeal immediately apparent. In addition, its allure as an investment is illustrated by projected rental returns of $350 per week. Either angle is equally attractive due to desirable proximity to Pier Street's shops and cafes, Altona train station and the beach. A successful address, whether living in or leasing out!
? Boutique block in an always popular position.
? Generous living/dining opens to a balcony.
? Separate kitchen conveys modern efficiency.
? 2 bedrooms that receive bright northern light.
? Built-in robes and individual heating/cooling.
? Modern central bathroom, separate bathroom.
? Convenient on title car space and visitor parking.
? Exceptional opportunity in the Altona market.
Astute buying regularly brings consistent rewards and this apartment suggests a win-win scenario in an Altona setting destined to be always be in demand. Move in ready right now for owner-occupiers or tenants - instant appeal either way.
Property History for 5/56 Rayner St, Altona, VIC 3018
- 26 Jul 2023Sold for $390,000
- 25 May 2023Listed for Sale Contact Agent
- 27 Jul 2015Listed for Rent $270 / week
Recent sales nearby
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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 7,803 properties. Over the last 5 years, Houses in Altona have seen a 19.86% increase in median value, while Units have seen a 10.04% increase. As at 30 November 2025:
- The median value for Houses in Altona is $1,128,348 while the median value for Units is $695,455.
- Houses have a median rent of $620 while Units have a median rent of $525.
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