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2/42 Bruce Street South, Altona Meadows$592,500
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2/42 Bruce Street South

Altona Meadows, VIC 3028, Australia
$592,500
2 bed 2 bath 1 car

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Listing description

About this property

This modern, brand-new residence at 2/42 Bruce Street South offers a rare opportunity for premium, low-maintenance living in Altona Meadows with the significant benefit of no body corporate fees. Protected by builder's warranty, the home features a light-filled open-plan interior consisting of two spacious bedrooms and two contemporary bathrooms designed for maximum comfort. The gourmet kitchen is a standout, boasting high-end 40mm stone benchtops, a quality stove, rangehood, and oven, along with an abundance of storage. The unit is flooded with natural light, creating a bright and airy atmosphere that flows seamlessly to a private, beautifully finished rear courtyard, perfect for outdoor relaxation or pets. Ideally situated for lifestyle convenience, the property is within easy walking distance of Laverton Train Station, just moments from Central Square Shopping Centre, and provides rapid access to the freeway for a quick commute to the Melbourne CBD.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Listed
2 months ago

Repayment calculator

$2,872/month
$1,436 /fortnight
Loan $474,000 at 6.10% over 30 years

Upfront costs

Deposit$118,500
Stamp duty$30,620
Conveyancing (est.)$2,000
Total upfront$151,120
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Altona Meadows

This 2-bedroom apartment in Altona Meadows, VIC 3028 sits within reach of public transport, local shops and nearby schools. It is listed 10% below the $660,000 median of 66 comparable apartmentswithin 5 km.

Schools near Altona Meadows

  • Altona Green Primary Schoolprimary · Prep-6 · CoEd
  • Altona Meadows Primary Schoolprimary · Prep-6 · CoEd
  • Queen of Peace Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Aircraft Railway Station/Triholm Avenue (bus)549 m away
  • Reddy Express382 m away
  • Unnamed224 m away
  • Bruce Street Reserve261 m away
  • Unnamed291 m away

Altona Meadows at a glance

Full suburb profile
Population
18,479
Median age
41
Household income
$1,573/wk
Median rent
$341/wk
Median mortgage
$1,700/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Altona Meadows is experiencing steady medium-density residential infill within established suburbs, with scattered townhouse and apartment approvals typical of Melbourne's outer-western consolidation strategy. Local activity centre upgrades and supporting infrastructure projects reflect Hobsons Bay Council's focus on incremental intensification rather than large-scale urban renewal, with modest development momentum driven by population growth and improved local amenities.

Nearby projects

5

Closest

0.5 km

Altona Meadows Local Activity Centre Retail/Commercial

1.3km2.5km3.8km5kmAltona Meadows Local Activity Centre Retail/Commercial — 0.5 kmHobsons Bay Pedestrian/Cycling Network Upgrades — 0.8 kmAltona Meadows Residential Subdivision (Scattered DAs) — 1.2 kmWestern Suburbs Drainage/Stormwater Management Project — 1.5 kmLaverton North Industrial/Commercial Precinct — 2.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Altona Meadows Local Activity Centre Retail/Commercial

0.5 km
Mixed-useOngoing development

Small-scale commercial and retail intensification within the Altona Meadows activity centre precinct, typical of Hobsons Bay infill strategy.

Staged

500 m

Hobsons Bay Pedestrian/Cycling Network Upgrades

0.8 km
InfrastructureApproved

Local council-led improvements to active transport connections linking Altona Meadows to adjacent suburbs and activity centres.

800 m

Altona Meadows Residential Subdivision (Scattered DAs)

1.2 km
Residential subdivisionUnder construction

Multiple approved DAs for townhouse and apartment infill within established residential areas, reflecting medium-density intensification.

1.2 km

Western Suburbs Drainage/Stormwater Management Project

1.5 km
InfrastructurePlanned

Regional water management infrastructure supporting increased residential densification across Hobsons Bay municipalities.

1.5 km

Laverton North Industrial/Commercial Precinct

2.5 km
IndustrialProposed/Under review

Neighbouring industrial precinct experiencing renewed interest in logistics and advanced manufacturing uses.

2.5 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Altona Meadows price trend

Median sold · Unit 2 bed

Compound growth +3.3% / yr over 4 yrs

$550kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Altona Meadows market

This listing

Price history

Price history

Listing price changes & sale

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