Market snapshot

Suburb insights for Tarneit3029

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Tarneit is a rapidly expanding multicultural suburb located 25 km west of the CBD. Over the next 20 years the population of Tarneit is forecast to grow exponentially.  A larger proportion of its population was born overseas and a significant proportion of these residents were from non-English speaking countries. The suburb features Wyndham Village Shopping Centre and Haven Park. For transport Tarneit railway station is on the Deer Park - West Werribee railway line and is part of the V/Line coach service.

Recent sales and auction results in Tarneit

AddressBedroomsPriceTypeMethodSale DateAgentListing
26 Barlow Cirt, Tarneit3PriceHouse (Res)Passed in at Auction22/06/2024Bal Real EstateView
10 Celosia Way, Tarneit4PriceHouse (Res)Passed in at Auction22/06/2024Bal Real EstateView
45 Cloverdale Rd, Tarneit4PriceHouse (Res)Passed in at Auction22/06/2024Bal Real EstateView
2/249 Bethany Rd, Tarneit2PriceHouse (Res)Passed in Vendor Bid22/06/2024Ray White WerribeeView

Sales data

Median sale price
$645k
Quarterly price change
0.4%
Metro Melbourne Comparison
$929k
2%
BedroomsTarneitMetro comparison
2-$920,000
3$570,000$810,000
4$673,000$965,000
InsightTarneitMetro comparison
Clearance rate63.8%75.3%
Days on market4940

Rental data

Median weekly rent
$500
Rental yield
4%
Metro Melbourne Comparison
$550
3.1%
BedroomsTarneitMetro comparison
2$425$550
3$470$520
4$530$575
Median data for the current quarter

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