482 Blackshaws Road, Altona North VIC 3025
482 Blackshaws Road, Altona North VIC 3025
Blackshaws Road corridor | mixed housing stock | older house or newer townhouse | buyer profile broad | Altona North transition zone
This property sits within a corridor that balances older family housing with newer low-rise townhouse development, giving it a realistic appeal to first-home buyers, investors, and owner-occupiers alike. If it is an older detached house on a medium block, the redevelopment angle adds genuine flexibility—either renovate and hold, or explore a future townhouse project. If it is a newer townhouse, the low-maintenance finish and proximity to Altona Gate, freeway access, and beach make it a practical choice for couples or small families wanting convenience without sacrificing lifestyle. The street’s mixed character means the property is unlikely to be a standout on presentation alone, but its position in a corridor with steady demand and good rental signals gives it a solid baseline. It serves buyers who value function and location over heritage charm.
Value may be shaped by how the property compares to the newer boutique townhouses nearby, which have sold at a premium due to finishes and orientation. If this is an older dwelling, its condition and land size will matter most—smaller blocks or dated interiors may cap price growth, while a well-presented home could push toward the higher end of the local range. Traffic exposure on Blackshaws Road is a real consideration, as main-road properties often trade at a slight discount to those on quieter streets. Rental yield is stronger on smaller, lower-entry units, so if this is a compact townhouse, it may appeal more to investors than families. The lack of confirmed heritage or overlay restrictions could also mean future development potential, but this should be verified before forming a firm view.
Detailed Independent Property Report prepared by PropCred Analyst team for 482 Blackshaws Road, Altona North VIC 3025
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Altona North is a western-suburbs market anchored by established families: median age 37, 39% outright ownership, and a 69% share of detached housing. Buyer demand is firm, with 2,326 house enquiries over the past year, while proximity to industrial employment zones underpins rental demand. House prices sit around $950,000, with annual growth between -0.1% and 2.4% depending on source; units are near $700,000, with growth from -2.2% to 3.7%. Market conditions have softened—days on market range from 34 to 78, house sales volumes are down 31.3% year-on-year, and auction clearance is 57.6%, below the state’s 67%. Domain forecasts subdued 2026 growth as interest-rate sensitivity and borrowing costs feed into affordability constraints and shifting supply.
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PropCred Estimated Value
Comparable Sales: 1/326 Blackshaws Road sold $940k; 478 Blackshaws Road sold $755k | Property Price Band: $700k–$900k | Value Drivers: condition, land size, layout, presentation, redevelopment potential
Bedrooms
3
Bathroom
1
Parking
1
Land
534m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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