1A Fitzpatrick Drive, Altona Meadows, VIC 3028 | Property Value & History | OnTheHouse
 
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1A Fitzpatrick Drive
Altona Meadows VIC 3028

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1730m2
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Property Details for 1a Fitzpatrick Dr, Altona Meadows

Building Type
Commercial
Land Size
1730m2
Local Government
Hobsons Bay
Lot/Plan
PC369660

Last Listing description (October 2020)

+ Renewed net lease to Baby Bells to 2027 plus option to 2037
+ Baby Bells: experienced private operator with long established business in a high-growth location
+ Tenant pays all usual outgoings

+ Purpose-built child care centre licensed for 75 LDC places
+ Prominent 1,729 sqm main road site with 94+ metre frontage to Central Avenue
+ Located opposite McDonalds, metres from both Point Cook Road and the Princes Freeway, and only 18km from the Melbourne CBD
+ Hobsons Bay City Council: Home to 97,751 people, supporting 36,394 jobs and has an annual economic output of $16.669 billion.
+ Childcare/Early Education is an essential service and one of Australias most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $171,286 pa + GST

For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October

In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au

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Property History for 1a Fitzpatrick Dr, Altona Meadows, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$3,020,000
22 Oct 2020
  • 22 Oct 2020
    Sold for $3,020,000
  • 01 Oct 2020
    Listed for Sale Price on Request
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About Altona Meadows 3028

The size of Altona Meadows is approximately 10.6 square kilometres. It has 32 parks covering nearly 44.9% of total area. The population of Altona Meadows in 2016 was 19160 people. By 2021 the population was 18479 showing a population decline of 3.6% in the area during that time. The predominant age group in Altona Meadows is 30-39 years. Households in Altona Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona Meadows work in a professional occupation.In 2021, 71.00% of the homes in Altona Meadows were owner-occupied compared with 69.60% in 2016.

Altona Meadows has 8,678 properties. Over the last 5 years, Houses in Altona Meadows have seen a 23.95% increase in median value, while Units have seen a 18.01% increase. As at 31 December 2025:

  • The median value for Houses in Altona Meadows is $835,443 while the median value for Units is $544,431.
  • Houses have a median rent of $520 while Units have a median rent of $460.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Altona meadows on OnTheHouse. According to Cotality's data, 364 properties were sold in the past 12 months in Altona meadows.

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© 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.

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