55 Ross Road, Altona North$690,000
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55 Ross Road

Altona North, VIC 3025, Australia
$690,000
3 bed 1 bath 4 car622 m²

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About this property

Positioned within one of Altona North's rapidly evolving and highly sought-after pockets, 55 Ross Road presents an exceptional opportunity to secure a substantial parcel of land in a suburb defined by growth, transformation, and strong future upside. Set on a generous allotment, this property offers outstanding flexibility for a wide range of buyers. Whether you are looking to land bank and capitalise on the area's continued appreciation, undertake a rewarding renovation, or explore redevelopment potential (STCA), the possibilities here are both compelling and abundant. The existing residence is comfortably appointed and immediately liveable, comprising three well-proportioned bedrooms, a spacious and light-filled living zone, and a functional kitchen and dining area that caters effortlessly to everyday living. At the rear, a sprawling backyard provides ample space for outdoor enjoyment while also highlighting the true scale and future potential of the land. Adding a powerful layer of opportunity, a preliminary town planning assessment aligned with the latest planning regulations highlights a suite of exciting development pathways for astute buyers and developers alike. Concept options include: Option 1: 2 Lot Subdivision - Side by Side Option 2: 2 Lot Subdivision - Front & Rear Configuration Option 3: 3 Lot Subdivision Option 4: Rooming House Development Option 5: 4 Lot Subdivision These indicative concepts showcase the site's versatility and reinforce its appeal as a high-potential project in a rapidly changing landscape (STCA). Surrounded by a wave of new development and quality homes, this thriving pocket continues to attract astute buyers seeking both lifestyle and long-term growth. With close proximity to local schools, shopping precincts, parklands, and easy access to major arterials, the location further underpins the property's undeniable appeal. Opportunities of this calibre, offering both immediate comfort and significant future scope, are increasingly rare. Secure your foothold in one of the inner west's most dynamic suburbs and unlock the full potential of 55 Ross Road. DISCLAIMER: We kindly request that you provide photo identification as a condition of entry to this property.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
4
Land Area
622 m²
Listed
3 months ago

Repayment calculator

$3,345/month
$1,673 /fortnight
Loan $552,000 at 6.10% over 30 years

Upfront costs

Deposit$138,000
Stamp duty$36,470
Conveyancing (est.)$2,000
Total upfront$176,470
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 North

This 3-bedroom house in Altona North, VIC 3025 sits within reach of public transport, local shops and nearby schools. It is listed 27% below the $945,000 median of 58 comparable houseswithin 5 km.

Schools near Altona North

  • Altona North Primary Schoolprimary · Prep-6 · CoEd
  • St Leo the Great Primary Schoolprimary · Prep-6 · CoEd
  • Emmanuel Collegesecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)1.1 km away
  • IGA1.6 km away
  • SJ Clement Reserve135 m away
  • Allen Street Reserve371 m away
  • WJ Irwin Reserve454 m away

Altona North at a glance

Full suburb profile
Population
12,962
Median age
37
Household income
$1,695/wk
Median rent
$400/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Altona North price trend

Median sold · House 3 bed

Compound growth -0.4% / yr over 4 yrs

$907kcurrent median

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

Full Altona North market

Within 5km

Nearby Properties

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