Sold
123 Penndale Street Tarneit, VIC 3029
Tarneit, Wyndham, VIC, 3029$ 824,750
- Property Type
- 4
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 178
Details
Updated on Aug 27, 2026
| Property Type: | |
|---|---|
| Price: | $ 824,750 |
| Land Price: | $ 375,000 |
| Build Price: | $ 449,750 |
| Gross Per Week: | $ 555** |
| Gross Per Annum: | $ 28,860 |
| Gross Yield: | 3.5% |
| Capital Growth 12 Months: | 4.13% |
| 10Yr Annualised Growth: | 6.46% |
| Vacancy Rate: | 3.33% |
| Property Size: | 178 m2 |
| Land Area: | 313 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Parking: | 1 |
| Title Status: | Registered |
| Property ID: | 35888 |
| SKU: | 1045 |
| Sold: | Sep 04, 2026 |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
Situated in the thriving suburb of Tarneit, this Multiple Occupancy presents an excellent opportunity for modern living and investment. With 4 bedrooms, 3 bathrooms and 1 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.
Tarneit is one of Melbourne's fastest-growing suburbs, located within the City of Wyndham. Known for its rapid residential development, excellent transport links including the Tarneit train station, and a wealth of local schools and shopping centres, it continues to attract families and young professionals. The suburb's strong population growth and planned infrastructure make it a prime location for long-term investment potential.
With its strong rental appeal and long-term growth prospects, this Multiple Occupancy in Tarneit is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.
Floor plans
Address
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Address
123 Penndale Street Tarneit, VIC 3029
City
Wyndham
State
VIC
Postcode
3029
Suburb
Tarneit
Estate
Solara Rise
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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
