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Apartment

4/261 Esplanade

Altona VIC 3018, Australia

2 Bedrooms
1 Bathrooms
1 Parking
1046 m² Land size
- Internal area
$455,000 Last sale (2019)

About this property

yardizepropertyrecord

4/261 Esplanade is a ground‑level, 2‑bedroom flat in a low‑rise apartment building constructed in the 1960s. The unit shares a 1,046 m² block with the other apartments and includes one garage plus an additional carport space. It enjoys a direct beachfront position on Esplanade with sea views and easy beach access, and is located within the Altona Primary School and Altona College zones.

Recent leasing activity shows a weekly rent of $460, giving an approximate 5 % gross rental yield. The property was last sold for $455,000 in April 2019 and has shown steady appreciation since its first recorded sale in 1976

Also written as Unit 4, 261 Esplanade.

Key details

Locality
Altona
State
VIC
Coordinates
37.872116 / 144.819765
GNAF PID
GAVIC410743583
Legal parcel ID
4\RP447
Remoteness area
Metro
Property type
Apartment
Unit land size
1046 m²
Unit internal area
-
Built
1960
Heritage overlay
None detected
Strata/body corporate
Present
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$485
Expected property value
$526,250
Estimated yield
4.79%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
18 Apr 2019
Agent: Michael Harvey, Williams Real Estate.
$455,000—
Sale
12 Aug 2009
Contracted 05 Sep 2009. Agent: Williams Real Estate (Williamstown).
$303,000—
Sale
26 Aug 1993
$85,000—
Sale
1 Apr 1987
$65,000—
Sale
11 Dec 1980
$31,000—
Sale
5 Aug 1976
$25,000—

Property insights

Property Features

  • Direct beachfront location on Esplanade with sea views and easy beach access 460 week Bells Real Estate Building level Compton Green
  • Prime beachfront lifestyle: Ground‑level unit with sea views and easy beach access
  • Steady rental yield: Estimated weekly rent $460‑$480, ~5% gross yield
  • Car spaces: 1

Recorded sales and leasing agents

Recorded sale agency (2019 sale)
Williams Real Estate – Williamstown recorded for the 2019 sale
Recorded listing contacts
Michael Harvey 0425 737 672 Agent on the 2019 sold listing

Real Estate Agencies

Ordered by:
Jellis Craig - Kensington
Eview Real Estate
Jas Stephens Real Estate
Eview Real Estate - Frankston
Jellis Craig Inner West - WILLIAMSTOWN
Compton Green - Inner West
Buxton - Inner West
The Agency - Altona
Mancini Real Estate - Altona
LJ Hooker - Property Point
Hockingstuart - Werribee
Williams Real Estate - Williamstown
Sweeney Estate Agents - Williamstown
James Nicolaou Real Estate - Port Phillip
Hockingstuart - ALTONA
Hockingstuart Williamstown - WILLIAMSTOWN
Loutakis Real Estate
Raine & Horne - Williamstown
McGrath - Yarraville
P Di Natale Real Estate
Harcourts - Point Cook
Xynergy Realty - Altona
Compass Estate Agents - Inner West
Manifest Real Estate - ALTONA NORTH
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Altona Primary School
0.6 km
Primary school | Government
Mount St Joseph Girls' College
1.1 km
Secondary school | Independent
Altona College
1.2 km
Combined school | Government
St Mary's School
1.0 km
Primary school | Catholic
Queen of Peace Primary School
2.5 km
Primary school | Independent
Seaholme Primary School
2.0 km
Primary school | Government
Altona Green Primary School
3.6 km
Primary school | Government
Altona Meadows Primary School
3.5 km
Primary school | Government
St Martin De Porres School
4.2 km
Primary school | Catholic
Laverton P-12 College
4.5 km
Combined school | Government
St Leo the Great School
4.5 km
Primary school | Catholic
Emmanuel College
4.1 km
Secondary school | Independent
Bayside P-12 College
5.9 km
Combined school | Government
Bayside P-12 College
5.9 km
Combined school | Government
Saltwater P-9 College
6.1 km
Combined school | Government
Homestead Senior Secondary College
6.8 km
Secondary school | Government
Bayside P-12 College
5.9 km
Combined school | Government
Carranballac P-9 College
6.9 km
Combined school | Government
Somers Parade Kindergarten
0.7 km
Goodstart Early Learning Altona
0.6 km
* Approximate straight-line distances

Frequently asked questions

What is the estimated weekly rent for this unit?

The current lease listing shows a rent of $460 per week

Bellsrealestate.com.au
What features are highlighted?

Direct beachfront location on Esplanade with sea views and easy beach access. Located within Altona Primary School and Altona College zones. Prime beachfront lifestyle: Ground‑level unit with sea views and easy beach access

460 week Bells Real Estate
Which beach is closest to the property?

Altona Beach is the nearest beach, located about 0.1 km away

How far is the nearest train station?

Westona railway station is the closest station, approximately 1.0 km from the property

What kind of property is this?

4/261 Esplanade is listed as Apartment in Altona, VIC

460 week Bells Real Estate
How many bedrooms, bathrooms, parking spaces, or other key details are listed?

4/261 Esplanade is described with 2 bedrooms, 1 bathroom, 1 parking space, land size of 1,046 m², built around 1960

460 week Bells Real Estate
What asking price or listing price is shown?

4/261 Esplanade includes Sold for $455,000 on 18 Apr 2019

460 week Bells Real Estate
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $526,250, the calculated weekly rent is $485 per week, and the indicative gross yield is 4.79%

460 week Bells Real Estate

Related profiles

Jump to the related profiles for this address.

Root property

261 Esplanade

View the main multi-unit property profile covering 6 tracked units.

View root property

Suburb profile

Altona

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View suburb profile

Street profile

Esplanade

See the street-level property page and compare nearby listings.

View street profile