Market snapshot
Suburb insights for Tarneit3029
Change suburbTarneit 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 46 Colonial Cirt, Tarneit | 4 |  | House (Res) | Auction Sale | 20/07/2024 | Ray White Tarneit | View |
| 55 Oreilly Rd, Tarneit | 4 |  | House (Res) | Auction Sale | 20/07/2024 | Reliance TARNEIT | View |
| 8 Kardak St, Tarneit | 4 |  | House (Res) | Sold Before Auction | 15/07/2024 | Reliance TARNEIT | View |
| 26 Tableland Rd, Tarneit | 3 |  | House (Res) | Sold Before Auction | 12/07/2024 | Bal Real Estate | View |
| 24 Style Way, Tarneit | 4 |  | House (Res) | Auction Sale | 20/07/2024 | Ray White Tarneit | View |
Sales data
Median sale price
$648k
Quarterly price change
0.4%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Tarneit | Metro comparison |
|---|---|---|
| 2 | $427,500 | $902,500 |
| 3 | $570,000 | $810,000 |
| 4 | $675,000 | $955,000 |
| Insight | Tarneit | Metro comparison |
|---|---|---|
| Clearance rate | 47% | 73.8% |
| Days on market | 49 | 42 |
Rental data
Median weekly rent
$520
Rental yield
4.2%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Tarneit | Metro comparison |
|---|---|---|
| 2 | $430 | $550 |
| 3 | $480 | $540 |
| 4 | $540 | $580 |
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