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Heard some people talking on the weekend that a 5 story 95 unit development had been approved on the old Mitre 10 site in pier street next to the recently finished complex with 50 odd appartments. Across the road three more developments are sign posted with about another 50 units. Each of these developments has shops at street level.
Not a bad place to live really walking distance to a train station that is only 20 minutes trip to flinders street, walk another 200 meters and you are at the pier and a 3klm long beach which has just had a major upgrade with lots of sand added.
Heard some people talking on the weekend that a 5 story 95 unit development had been approved on the old Mitre 10 site in pier street next to the recently finished complex with 50 odd appartments.
These are actually already on sale:Across the road three more developments are sign posted with about another 50 units. Each of these developments has shops at street level.
I live in Altona on the south side near the beach and Pier St.
For other Altona residents, you may be aware we're all getting shafted in the new timetables starting in May for the train services! They are cutting so many services from Altona residents! We all need to fight this!
This is a beat-up and there will be zero effect on property prices in Altona.
What is happening is that more trains are starting at Laverton instead of Werribee. At the moment Altona people can't always get a seat, and sometimes are left behind on the platform. Late Werribee trains are often changed to skip Altona to make up lost time. This seperation of Altona and Werribee trains should reduce this.
The new timetable will siphon Werribee/Hoppers Crossing passengers onto their own services, running every 11 min (instead of up to 20 minutes as now). A trade-off is that for this to work Altona and Williamstown trains will be running every 22 min instead of every 20 min during the peak period. But there will be a lot more room for Altona residents to get on the train so crowding will be less.
Altona is also likely to get a large increase in evening service - if what was done for Frankston is any guide, weeknight trains will be every 20 min instead of the current every 30 min.
HI All,
can i get your opinion on this property? http://www.realestate.com.au/property-house-vic-altona-113392399
I am looking for investment , anyone from the local are? mind sharing your knowledge about this pocket ?
Thanks heaps