119 Thornbill Drive Tarneit, VIC 3029
Tarneit, Wyndham City, VIC, 3029$ 833,088
- Dual Occupancy
- Property Type
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 207
Details
Updated on May 22, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 833,088 |
| Land Price: | $ 400,000 |
| Build Price: | $ 433,088 |
| Gross Per Week: | $ 750 |
| Gross Per Annum: | $ 39,000 |
| Gross Yield: | 4.56 - 4.81% |
| Capital Growth 12 Months: | 4.13% |
| 10Yr Annualised Growth: | 6.46% |
| Vacancy Rate: | 3.33% |
| Property Size: | 207 m2 |
| Land Area: | 350 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Parking: | 2 |
| Title Status: | Sept 2026 |
| Property ID: | 24092 |
| SKU: | 1045 |
| Sold: | Jun 17, 2026 |
Description
This Dual Occupancy in Tarneit offers a well-balanced combination of modern living and investment potential. Featuring 4 bedrooms, 3 bathrooms and 2 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.
Tarneit is a rapidly growing suburb in Melbourne's west, popular with families and investors for its affordability and strong infrastructure growth. The area offers access to schools, shopping centres, and Tarneit Train Station, providing convenient connectivity to Melbourne CBD. Continued residential development and transport upgrades are driving consistent rental demand and long-term capital growth.
This Dual Occupancy in Tarneit is more than just a property, it's a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Read More »Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract