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This property has been sold for $560,000 on 25 Aug 2026
82 days on market
Market context at sale
Listing journey
EssentialsThis property went through 1 price reduction over 82 days on market. See what it first asked, every reduction along the way, and what it finally sold for.
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Property overview
This 2-bedroom unit at 3/5-7 Newham Way in Altona Meadows, VIC 3028 sold for $560K in August 2026, with 1 bathroom and parking for 1. It offers 109 m2 of internal living space. The unit was built in 2003. Altona Meadows sits about 17 km from the CBD, where the median unit price is $560K. Council data shows no flood or bushfire overlay on the site. 22 schools sit within about 5km, and the area scores 43 for walkability and 13 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $575,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
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Altona Meadows at a glance
Unit market signals | VIC 3028
Median
$560K
Market signals
To CBD
17 km
Est. Valuation
$543,769
Potential Sell Price
Est. Rent/wk
$472
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Total Cost to Purchase
- Purchase Price
- $575,000
- Stamp Duty (Victoria)
- $29,570
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $608,770
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- Low Density
- Listed
- Last Updated
- Postcode
- 3028
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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