68 Grieve ParadeAltona VIC 3018
Property Details for 68 Grieve Pde, Altona
68 Grieve Pde, Altona is a 8 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 1013m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Last Listing description (March 2025)
Unlock the potential of a 1,013m land parcel with 4 units.
This is your golden ticket to real estate success! This large 1,013m2 land block in a desirable location offers a unique opportunity for investors and developers. This property features 8 bedrooms, 4 bathrooms, and 4 car spaces across 4 leased units, offering instant income potential.
Conveniently located just steps from bus transport at Civic Parade, Pier Street shops, cafs, Cherry Lake Reserve, and Altona Beach, this area offers an ideal lifestyle. Each unit offers a comfortable 2-bedroom, 1-bathroom, 1-car space layout, fetching attractive rental returns ranging from $320 to $325 per week.
Visionary developers take the opportunity to transform this approximately 1,013m space into a custom masterpiece (subject to council approval). Located just 220 meters from Altona College, this property offers a great opportunity due to high demand for new homes in the area.
This property provides endless opportunities for both investors looking for quick returns and developers with big dreams. Don't miss out on this unparalleled investment opportunity!
Property History for 68 Grieve Pde, Altona, VIC 3018
- 20 Jan 2025Sold for $1,400,000
- 18 Apr 2024Listed for Sale Under Contract
- 10 Jul 2020Listed for Rent - Price not available
Recent sales nearby
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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 7,816 properties. Over the last 5 years, Houses in Altona have seen a 14.28% increase in median value, while Units have seen a 6.64% increase. As at 28 February 2026:
- The median value for Houses in Altona is $1,130,908 while the median value for Units is $680,082.
- Houses have a median rent of $630 while Units have a median rent of $530.
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