Altona at a glance
12,439
People
$1,210,000
Median sale
$548/wk
Median rent
2.36%
Suburb gross yield
Median sale from 107 recorded sales (last 12 months) — a Districts calculation.
VIC › Altona › Myrtle Grove
$1,460,000
Last sold
12 June 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
739 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,460,000
12 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Altona (last 5 years) with land size have a median of $2,108/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Altona at a glance
12,439
People
$1,210,000
Median sale
$548/wk
Median rent
2.36%
Suburb gross yield
Median sale from 107 recorded sales (last 12 months) — a Districts calculation.
Vs Altona
+20.7%
Median sale
Suburb $1,210,000
-0.41 pp
Gross yield
Suburb 2.36%
Suburb median $1,210,000 from 107 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $548/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 at a glance
12,439
People
$1,210,000
Median sale
$548/wk
Median rent
2.36%
Suburb gross yield
Median sale from 107 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Hunter French Real Estate Altona MeadowsSet in one of Altona's most tightly held and prestigious pockets, this substantial two storey residence at 37 Myrtle Grove presents an exceptional opportunity for buyers seeking space, location, and long-term upside. Positioned on a generous 739m² allotment, the home combines solid craftsmanship, multiple living zones, and an expansive national park like rear garden a serene, leafy sanctuary that feels private, natural, and beautifully established.
A timber staircase and distinctive triangular feature windows add character and natural light, while blonde timber floorboards and timber panelling, paired with a thoughtfully chosen colour palette, create a stylish mid century modern feel throughout. With timeless character, it's the perfect canvas for buyers looking to update and modernise, adding value while creating their dream home.
Designed for comfortable family living, the residence offers four bedrooms, two bathrooms, and a versatile floorplan suited to both everyday living and entertaining. Upstairs, a 33sqm entertainer's retreat overlooks the rear garden and features its own kitchenette - an ideal space for extended family, teenagers, or a home studio.
The property also delivers exceptional practicality, with secure off-street parking for up to six vehicles, including a double lock-up garage, car port plus driveway space for three more cars ideal for families, tradies, or car enthusiasts.
The home is well equipped with modern comforts, including:
Fencing all around, including a wide front electric gate
External security cameras and alarm system, smartphone connected
Walking proximity to Westona Station (approx. 900m or a two-minute drive)
Close to local schools, Somers Parade shops, and Harrington Square amenities.
Located within walking distance to the beach and the prestigious Kooringal Golf Club, this is a rare opportunity to secure a substantial landholding in a blue chip coastal setting. Tailored for homeowners seeking prestige, space, and future potential, this is a property that offers lifestyle today and possibilities tomorrow.
Listing description written by Paul Tsigeridis, Hunter French Real Estate Altona Meadows — reproduced as published, not verified by Districts.