25 Harrington Street, Altona VIC 3018
25 Harrington Street, Altona VIC 3018
25 Harrington Street, Altona VIC 3018 is a 4-bedroom, 2-bathroom house on an 886 m² lot with 5 parking spaces. Floor plans and 23 photos are available for review.
This property is competitively strong primarily because of its land size. At 886 m², it offers a rare footprint in Altona, which positions it well for families seeking space for a pool, extended gardens, or future redevelopment potential. The 4-bedroom, 2-bathroom configuration is standard for the suburb, but the generous block sets it apart from typical stock. It serves best a buyer who values land over turnkey finishes and is willing to invest in cosmetic updates or a longer-term hold. The price guide aligns with recent sales for similar-sized properties in the area, suggesting the market has already priced in the land premium. Demand here is driven by families and investors who recognise that large blocks in established suburbs are becoming scarce.
What might materially affect value is the inconsistency in reported parking, with some sources listing 3 garage spaces and others 5 total. This could indicate a discrepancy in how the driveway or additional off-street parking is counted, and a buyer should verify the actual configuration during inspection. The absence of stated finishes, building age, and aspect means the property’s condition could significantly influence its final price. If the house requires substantial renovation, the land value may carry the price; if it is well-maintained, it could command a premium. The lack of school catchment details and rental yield data suggests these are not strong selling points here, so a buyer should not rely on immediate rental income or school zone appeal to justify the price. Instead, focus on the land’s potential and the property’s fit within your long-term plans.
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Harrington Street, Altona VIC 3018
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Altona presents a nuanced market, with its established housing segment experiencing a recent softening in values while the unit market demonstrates stronger capital growth. Demand is supported by consistent sales activity, suggesting sustained buyer interest, particularly from smaller households drawn to the area’s character. The suburb offers a clear yield advantage for units over houses, indicating stronger investor appeal for apartments. Future performance will hinge on broader economic conditions, with the current divergence between house and unit trends highlighting a market in transition.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
5
Land
886m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!