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VIC › Altona › Blyth St

U4, 125 Blyth St, Altona VIC 3018

For saleTownhouse

$900,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

134.09 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000(Listing record · 1 Mar 2025)
  • FactLand 134 m²; no building size recorded.(Property record)
  • CalculationRecorded Townhouse sales in Altona (last 5 years) with land size: median $4,074/m² of land (n=4). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 26% below the Altona median recorded sale ($1,210,000, n=107, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Altona's advertised median rent ($548/wk), implied gross yield would be 3.17% — 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

$900,000

Asking · $6,712/m² of land

No recorded sale for this property.

Local land rate: recorded Townhouse sales in Altona (last 5 years) with land size have a median of $4,074/m² of land (n=4). 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.

See the full Altona report →

Vs Altona

-25.6%

Median sale

Suburb $1,210,000

+0.81 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.

Total cost to purchase

Purchase Price
$900,000
Stamp Duty (Victoria)
$49,070
Transfer/Registration Fee
$2,210
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
$954,980

$54,980 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

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

Net yield
1.67%
Annual cashflow (pre-tax)
$-31,804
Interest cover (DSCR)
0.32
Annual rent
$28,496
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
3.17%

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$900,000available1 Mar 2025

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 $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.

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 3.2%. 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 in one glance

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.

See the full Altona report →

Keep researching

  • Why Altona? Read the area thesis →
  • What else is on the market in Altona →
  • Other records on Blyth St →

Listing material

Listed by @realty

Modern 3BR Townhouse Near Altona Beach

Step into sophisticated living at this beautifully appointed three-bedroom townhouse, perfectly positioned in one of Melbourne's most desirable bayside suburbs. This modern residence at 4/125 Blyth Street combines contemporary comfort with the ultimate coastal lifestyle, just minutes from the pristine sands of Altona Beach.

**INVESTORS TAKE NOTE:** This exceptional property is securely leased for 12 months at approximately $700 per week, providing immediate rental income and peace of mind with quality tenants already in place.

Thoughtfully designed across multiple levels, this impressive home features three generously sized bedrooms and two well-appointed bathrooms, making it ideal for growing families or professionals seeking space and style. The open-plan living areas create seamless indoor-outdoor flow, perfect for both relaxed family life and entertaining guests.

Read the full description

The heart of the home showcases:

• Modern kitchen with quality finishes and ample storage

• Two luxurious bathrooms including ensuite facilities

• Spacious bedrooms with built-in storage solutions

• Multiple living zones for versatile lifestyle options

Outside, the private courtyard provides your own slice of tranquillity on the generous 134 square metre allotment. Two covered carports ensure secure parking for vehicles, while the low-maintenance outdoor space is perfect for weekend barbecues or quiet morning coffee.

Location is everything, and this townhouse delivers in spades. You're just a short stroll from the famous Altona Beach – one of only two swimming beaches in Melbourne's western suburbs. The expansive coastline offers endless opportunities for beach walks, kitesurfing, or simply soaking up the stunning bay views along the popular promenade.

Families will appreciate the excellent educational facilities nearby, including Altona Primary School, Seaholme Primary School, and the renowned Mount St. Joseph Girls' College. The area also boasts quality childcare options and the well-resourced Altona Library with its Environmental Resources Centre.

Transport connectivity couldn't be better, with both Altona and Westona railway stations providing direct access to Melbourne's CBD via the convenient Altona Loop line. Multiple bus routes service the area, while the nearby freeway network ensures easy access to all corners of Melbourne.

The vibrant local community comes alive during the annual Altona Beach Festival, featuring street parades, markets, and spectacular fireworks over the pier. Year-round, residents enjoy access to beautiful parklands including Cherry Lake, Altona Coastal Park, and the scenic Kororoit Creek walking trails.

Daily conveniences are well catered for with local shopping precincts and cafes, while sports enthusiasts can take advantage of numerous recreational facilities including golf courses, football clubs, and water sports opportunities. The Melbourne Ballpark baseball complex adds to the area's sporting credentials.

This is coastal living at its finest – where the beach lifestyle meets urban convenience. Whether you're watching the sunrise over Port Phillip Bay, exploring the coastal walking trails, or enjoying the vibrant community atmosphere, this townhouse offers the perfect base for embracing everything Altona has to offer.

With a secure lease in place generating strong rental returns, this represents an outstanding investment opportunity in one of Melbourne's most sought-after coastal communities. Don't miss your chance to add this premium bayside property to your investment portfolio.

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Listing description written by Michael Lillywhite, @realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Fully Fenced
  • Remote Garage
  • Secure Parking
Districts

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.