Unrivalled Opportunity Ripe for Renovation or Development (STCA) on 538sqm (Approx.)

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13 Joel Avenue, Altona North VIC 3025

$730,000 - $790,000

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$730k - $767k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 538 m²

Listed: 2 days ago

Updated: 18 hours ago

Overview

Set on a generous 538 square meter parcel in the vibrant suburb of Altona North, this original residence presents a compelling opportunity for renovation or development, subject to council approval (STCA). The property's location offers residents unparalleled convenience, situated just moments from abundant green parklands, the bustling retail hub of Millers Junction, the scenic Altona Lakes Golf Course, reputable local schools, and a reliable public transport network.

The home currently features three bedrooms and a central bathroom, complemented by a formal living area and a traditional kitchen and dining space. Parking is ample with provision for two vehicles, including a garage space, enhancing accessibility for families or professionals.

This property stands as an exceptional prospect for a savvy investor, developer, or owner-builder seeking to capitalize on the prime land dimensions and neighborhood amenities. Whether you opt to rejuvenate the existing home or embark on a new build, the site promises significant potential in a sought-after location, adjacent to lifestyle and convenience factors that enrich daily living.

Local Market Insights

In Altona North, Quiet Listings observed 14 new houses entering the market over the last 30 days, down from 16 during the previous 30-day period, with an average advertised asking price of $877,857. The property type mix of listed properties is predominantly Houses at 45%, followed by townhouses (32%), and commercial properties (13%). The most active agency for houses in the Altona North area is currently Ray White, representing 36% of new listings, followed by Jellis Craig with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.