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
46 Colonial Cirt, Tarneit4PriceHouse (Res)Auction Sale20/07/2024Ray White TarneitView
55 Oreilly Rd, Tarneit4PriceHouse (Res)Auction Sale20/07/2024Reliance TARNEITView
8 Kardak St, Tarneit4PriceHouse (Res)Sold Before Auction15/07/2024Reliance TARNEITView
26 Tableland Rd, Tarneit3PriceHouse (Res)Sold Before Auction12/07/2024Bal Real EstateView
24 Style Way, Tarneit4PriceHouse (Res)Auction Sale20/07/2024Ray White TarneitView

Sales data

Median sale price
$648k
Quarterly price change
0.4%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsTarneitMetro comparison
2$427,500$902,500
3$570,000$810,000
4$675,000$955,000
InsightTarneitMetro comparison
Clearance rate47%73.8%
Days on market4942

Rental data

Median weekly rent
$520
Rental yield
4.2%
Metro Melbourne Comparison
$560
3.2%
BedroomsTarneitMetro comparison
2$430$550
3$480$540
4$540$580
Median data for the current quarter
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