Altona North at a glance
14,669
People
$960,000
Median sale
$609/wk
Median rent
3.30%
Suburb gross yield
Median sale from 132 recorded sales (last 12 months) — a Districts calculation.
VIC › Altona North › Cresser St
$980,000
Last sold
16 July 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
709 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$980,000
16 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Altona North (last 5 years) with land size have a median of $1,695/m² of land (n=58). Districts calculation from recorded sales — not a valuation.
Altona North at a glance
14,669
People
$960,000
Median sale
$609/wk
Median rent
3.30%
Suburb gross yield
Median sale from 132 recorded sales (last 12 months) — a Districts calculation.
Vs Altona North
+2.1%
Median sale
Suburb $960,000
-0.07 pp
Gross yield
Suburb 3.30%
Suburb median $960,000 from 132 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1
NRZ1
Jurisdiction
Hobsons Bay
Hobsons Bay, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 698 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 698 m² — land size can look like optionality. What reduces it: NEIGHBOURHOOD CHARACTER OVERLAY - SCHEDULE 2; SPECIAL BUILDING OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $609/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
Official parcel about 698 m² — land size can look like optionality. What reduces it: NEIGHBOURHOOD CHARACTER OVERLAY - SCHEDULE 2; SPECIAL BUILDING OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 698 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 698 m² — land size can look like optionality. What reduces it: NEIGHBOURHOOD CHARACTER OVERLAY - SCHEDULE 2; SPECIAL BUILDING OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Altona North at a glance
14,669
People
$960,000
Median sale
$609/wk
Median rent
3.30%
Suburb gross yield
Median sale from 132 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig Inner WestPositioned within one of Altona North’s most tightly held family pockets, this substantial 709sqm (approx.) opportunity delivers the space, flexibility and long-term potential that buyers are increasingly struggling to secure so close to the CBD.
Beautifully liveable today while offering exciting future scope, the home provides immediate comfort alongside outstanding potential to renovate, extend or further enhance over time (STCA). Generous proportions, multiple living zones and expansive outdoor space create the ideal environment for growing families wanting room to evolve without compromising on location.
Beyond the home itself, the lifestyle appeal is undeniable, moments from Millers Junction, popular cafés, schools, parklands and effortless freeway access placing the CBD within easy reach.
Whether you are searching for a move-in-ready family home with future upside, additional land for the kids to enjoy, or a long-term inner-west investment in lifestyle and growth, this is an opportunity that combines immediate enjoyment with lasting value.
Large landholdings of this scale, flexibility and position are becoming increasingly rare within Altona North, making this an opportunity not to be missed.
Listing description written by Jacob Davis, Jellis Craig Inner West — reproduced as published, not verified by Districts.