50 Belmar Avenue, Altona VIC 3018

Single-level family home | 874m² block with pool and studio | Altona’s long-term owner-occupied market | Self-contained guest wing adds flexibility. This property’s competitive edge lies in its rare combination of a 310m² single-level footprint on an 874m² lot, with a self-contained studio that effectively functions as a fifth bedroom or independent guest suite. The swimming pool, covered entertaining deck, and solar panels reduce ongoing costs while the rear lock-up workshop appeals to trades or hobbyists. It best suits a family seeking immediate move-in amenity with separation for teenagers, in-laws, or rental income potential, in a suburb where 90% of residents are owner-occupiers and 68% are long-term. The primary risk is the 36% site coverage limiting future subdivision potential. The 6m ground elevation and lack of heritage or flood overlays reduce insurance and development barriers. For a buyer, the studio and workshop offer a clear path to offset holding costs through short-term rental or home business use. Hold this property for its land value in a stable, family-dominated pocket where turnover is low and demand is steady.