Profile for Tarneit

3029

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.

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Recent Sales & Auction Results in Tarneit

Address Price Type Method Sale Date Agent
Property List
5 Hummingbird Blvd, Tarneit 4 House (Res) Auction Sale 20/04/2024 Bal Real Estate
14 Palladino Way, Tarneit 3 House (Res) Private Sale 08/04/2024 Area Specialist Wyndham
30 Delias Rd, Tarneit 4 House (Res) Private Sale 03/04/2024 Ristic RE

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$645k

Metro Melbourne

$929k

Quarterly Price Change

0.4%

Metro Melbourne

2%

Median Rent

$500

Metro Melbourne

$550

Rental Yield

4%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 63.8% 75.3%
Days on Market 49 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $570,000 $810,000
4 Bedrooms $673,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $425 $550
3 Bedrooms $470 $520
4 Bedrooms $530 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$468k

Metro Melbourne

$635k

Quarterly Price Change

4.5%

Metro Melbourne

0.3%

Median Rent

$430

Metro Melbourne

$520

Rental Yield

4.8%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 63.8% 75.3%
Days on Market 49 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $400,000 $600,000
3 Bedrooms $488,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $450
2 Bedrooms $409 $540
3 Bedrooms $450 $620

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