2/40 South Avenue, Altona Meadows, VIC 3028 | Property Value & History | OnTheHouse
OFF MARKET

2/40 South Avenue
Altona Meadows VIC 3028

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 157m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Feb 2026
Low

High
Save

Property Details for 2/40 South Ave, Altona Meadows

2/40 South Ave, Altona Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 157m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2011
Floor Size
79m2
Land Size
157m2
Local Government
Hobsons Bay
Lot/Plan
2/PS645112

Last Listing description (February 2026)

Single level spaces, which are always attractive for first home buyers, investors and downsizers, are desirably delivered by this bright, beautifully maintained modern unit, set at the rear of an address it shares with only one other property. Quiet, yet so convenient, its proximity to RK Richards Reserve Playground, Altona Green Park and Primary School, Central Square Shopping Centre, the Hobsons Bay Coastal Trail and the 100 Steps of Federation complements the lifestyle appeal and enhances the investment credentials of a two bedroom residence destined to provide great ongoing rewards.

Set to the rear of a well-designed development of two

Welcoming, perfectly presented living and dining areas

Timber flooring matches style to low-maintenance ease

Open-plan kitchen includes ample integrated cabinetry

Two inviting double bedrooms each feature built-in robes

Central bathroom with designer tapware, quality fittings

Separate bath and shower enhance the user friendliness

Convenient separate laundry and separate powder room

Attractive landscaping, outdoor retreat and secure garage

A fantastic way to begin in home ownership, a brilliant approach to investing or a winning way to downsize in an ideal setting - this single level property is purely positive.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own financial and legal advice.

Property History for 2/40 South Ave, Altona Meadows, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$445,000
15 Nov 2022
Listed for Rent
$325/w
11 Jun 2020
  • 23 Jan 2026
    Listed for Sale $550,000 - $595,000
  • 15 Nov 2022
    Sold for $445,000
  • 20 Oct 2022
    Listed for Sale UNDER CONTRACT BY LYN CASTILLO
Sign in to see more transactions
Commute Calculator

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 8,676 properties. Over the last 5 years, Houses in Altona Meadows have seen a 26.11% increase in median value, while Units have seen a 13.87% increase. As at 31 January 2026:

  • The median value for Houses in Altona Meadows is $855,489 while the median value for Units is $544,133.
  • Houses have a median rent of $525 while Units have a median rent of $460.
There are currently 12 properties listed for sale, and 9 properties listed for rent in Altona meadows on OnTheHouse. According to Cotality's data, 357 properties were sold in the past 12 months in Altona meadows.

Suburb Insights for Altona Meadows 3028

Market Insights
Altona Meadows Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Altona Meadows Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
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.