About this property
151 Railway Street North, Altona VIC is a multi‑dwelling residential site that includes a three‑bedroom, one‑bathroom stand‑alone house on a 689 m² block together with two separate units that share the same street number. Unit 2 is a modern two‑bedroom, two‑bathroom apartment of about 129 m² on a 180 m² parcel, while Unit 1 is a townhouse‑type dwelling of roughly 353 m².
The house sold for $850,000 in 2016 and is now estimated around $942,000 with a rental potential of $615 per week; Unit 2 sold for $700,000 in August 2024 and is estimated between $660,000 and $880,000 with an estimated rent of $480 per week. The complex is situated within Hobsons Bay Council, only a short walk from Altona Primary School, Altona College and several early‑learning centres.
Residents enjoy easy access to Harrington Square shopping centre, Kooringal Golf Course and the sandy shores of Altona Beach, all within a kilometre of the property. The area benefits from stable property values and solid rental yields in a well‑established suburb