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VIC › Altona Meadows › Fitzpatrick Dr

12 Fitzpatrick Dr, Altona Meadows VIC 3028

For saleHouse for Sale

$965,000–$1,015,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

4

Car spaces

787 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $965,000–$1,015,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $965,000–$1,015,000(Listing record · 8 May 2026)
  • FactLand 787 m²; no building size recorded.(Property record)
  • CalculationAsk is 25% above the Altona Meadows median recorded sale ($770,000, n=151, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Altona Meadows's advertised median rent ($479/wk), implied gross yield would be 2.58% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$965,000–$1,015,000

Asking range · $1,226/m² of land

No recorded sale for this property.

Altona Meadows at a glance

18,800

People

$770,000

Median sale

$479/wk

Median rent

3.23%

Suburb gross yield

Median sale from 151 recorded sales (last 12 months) — a Districts calculation.

See the full Altona Meadows report →

Vs Altona Meadows

+25.3%

Median sale

Suburb $770,000

-0.65 pp

Gross yield

Suburb 3.23%

Suburb median $770,000 from 151 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$965,000
Stamp Duty (Victoria)
$53,075
Transfer/Registration Fee
$2,362
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,024,137

$59,137 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Altona Meadows's advertised median rent — not a rent for this listing.

Net yield
1.08%
Annual cashflow (pre-tax)
$-39,747
Interest cover (DSCR)
0.21
Annual rent
$24,908
Operating expenses
$14,475
Loan amount
$772,000
Annual interest
$50,180
Gross yield
2.58%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$965,000–$1,015,000available8 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $479/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Altona Meadows in one glance

Altona Meadows at a glance

18,800

People

$770,000

Median sale

$479/wk

Median rent

3.23%

Suburb gross yield

Median sale from 151 recorded sales (last 12 months) — a Districts calculation.

See the full Altona Meadows report →

Keep researching

  • Why Altona Meadows? Read the area thesis →
  • What else is on the market in Altona Meadows →
  • Other records on Fitzpatrick Dr →

Listing material

Listed by YPA POINT COOK

Vintage Luxury on a Grand 787sqm Allotment with Endless Potential !

Mohit, Kash & YPA Proudly presented 12 Fitzpatrick Drive, Altona Meadows Perfectly positioned in a peaceful court location, this beautifully maintained residence delivers the ultimate family lifestyle with generous proportions, multiple living zones, and exceptional versatility on an expansive 787m2. This outstanding home offers the perfect blend of comfort, convenience, and future potential in one of Altona Meadows' most desirable pockets.

From the moment you arrive, the home immediately impresses with its welcoming façade, spacious layout, and warm family atmosphere. Thoughtfully designed for growing families, entertainers, and savvy investors alike, this residence provides a rare opportunity to secure a property that truly stands out from the rest.

Step inside and discover a spacious floorplan featuring four generously sized bedrooms, all thoughtfully designed with premium finishes and abundant natural light. The master suite offers a peaceful retreat complete with a walk-in robe and ensuite, while the additional bedrooms are serviced by a stylish central bathroom featuring quality fittings, elegant niches, and a luxurious spa bath designed for relaxation after a long day.

Read the full description

At the heart of the home lies a contemporary kitchen tailored for modern family living. Equipped with quality 900mm stainless steel appliances, ample bench space, a pull-out pantry, and extensive storage, the kitchen effortlessly connects to the dining and living areas, creating a functional and inviting hub for everyday life and entertaining.

Families will love the flexibility of multiple living zones throughout the home. Whether it's hosting guests in the formal lounge, enjoying movie nights in the theatre room, setting up a private study or home office, or simply relaxing in the expansive open-plan living area, this home offers space and versatility for every stage of life.

Natural light flows beautifully throughout the residence, enhancing the warm and welcoming ambience. Reverse cycle heating and cooling ensure year-round comfort, while the 6kW solar system provides excellent energy efficiency and reduced utility costs.

Step outside and you'll find a superb covered outdoor entertaining area, ideal for weekend BBQs, family celebrations, or relaxing evenings with friends. The spacious pergola seamlessly connects to the backyard, offering plenty of room for children and pets to enjoy safely within the fully fenced property. Established gardens and low-maintenance landscaping further enhance the appeal, making outdoor living effortless and enjoyable.

12 Fitzpatrick Drive, Altona Meadows is primarily zoned for:

Seabrook Primary School — Government Primary School (Prep–6)

Laverton P-12 College — Government Secondary School (Prep–12)

One of the standout features of this exceptional property is its approved Airbnb status with council certification already in place. Previously operated successfully by the vendors, the home has generated an average return of approximately $300 per night, presenting an exciting opportunity for investors seeking strong short-term accommodation income or families looking for additional flexibility and financial potential.

Adding even more value is the expansive 787sqm (approx.) allotment, offering exciting possibilities for future subdivision or development opportunities (STCA). Whether you choose to move straight in, lease it out, continue operating as Airbnb accommodation, or explore future development potential, this property provides outstanding versatility in a highly sought-after location.

Positioned within walking distance to Altona Meadows Shopping Centre, local parks, schools, and public transport, the home also enjoys easy freeway access for convenient commuting to Melbourne CBD and surrounding suburbs. A nearby bus stop and train station within walking distance further enhance the lifestyle convenience on offer.

Altona Meadows continues to grow in popularity among families and investors thanks to its strong sense of community, excellent amenities, and outstanding accessibility. Combining lifestyle, location, and long-term potential, this residence delivers an opportunity that is becoming increasingly rare to find.

Whether you are a growing family searching for your forever home, an investor looking for excellent returns, or a buyer seeking future development possibilities, 12 Fitzpatrick Drive offers the complete package.

A home of this calibre, on land of this size, in such a tightly held court location is an opportunity not to be missed. Enquire today and experience everything this exceptional property has to offer.

Please Call Mohit & Kash 0452 509 646 for more information.

Situated at about 21 kms from Melbourne CBD, this is a prestigious location close to parklands, wetlands and walking distance to the shops. It also offers proximity to quality childcare facilities and is situated within the prestigious schools. It is close to medical facilities shares easy public transport access and is situated right near the freeway, saving time.

Photo ID required for all inspections.

http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Listing description written by Mohit Kaushal, YPA POINT COOK — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 5
  • Reverse Cycle Aircon
  • Shed
  • Study
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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.