Dual Occupancy Investment Property in Tarneit, VIC (4.02% Yield) | Aus Investment Properties - Photo 1
Dual Occupancy Investment Property in Tarneit, VIC (4.02% Yield) | Aus Investment Properties - Photo 2

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Dual Occupancy Investment Property in Tarneit, VIC (4.02% Yield) | Aus Investment Properties - Photo 1 Dual Occupancy Investment Property in Tarneit, VIC (4.02% Yield) | Aus Investment Properties - Photo 2
  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 183

Details

Updated on Oct 16, 2026

Property Type: Dual Occupancy
Price: $ 789,400
Land Price: $ 382,000
Build Price: $ 407,400
Gross Per Week: $ 610*
Gross Per Annum: $ 31,720
Gross Yield: 4.02%
Capital Growth 12 Months: 4.13%
10Yr Annualised Growth: 6.46%
Vacancy Rate: 3.33%
Property Size: 183 m2
Land Area: 313 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Title Status: February 2027
Property ID: 41643
SKU: 1029

Description

This dual occupancy property in the Kinship community of Tarneit offers investors a full turnkey single-storey house and land package with two dwellings under one roof: a 3-bedroom, 2-bathroom main residence and a self-contained 2-bedroom, 1-bathroom secondary dwelling, plus a double garage. The 183 m2 build sits on a 313 m2 lot with a 12.5 m frontage and a north orientation, and the secondary dwelling has its own entry, kitchen, meals and living area, laundry and bathroom, giving the potential for two separate rental incomes. Land title is expected in February 2027, and the package is sold as a two-part contract with separate land and build prices. Turnkey inclusions cover landscaping, fencing, the driveway, 2590 mm ceilings, 900 mm appliances, 20 mm stone benchtops, gas ducted heating and a split system to the main living area.

Tarneit is one of the largest growth suburbs in Melbourne’s west, around 24 km south-west of the CBD in the City of Wyndham, and Kinship is one of its newer residential communities. Tarneit station on the Geelong line gives a direct rail link to the city, while the arterial road network connects to the Princes Freeway and the Western Ring Road. Established shopping centres, schools, childcare and sporting facilities already serve the area, with more being delivered in the newer estates. A young, fast-growing population keeps rental demand high, making Tarneit a popular suburb for investors focused on yield and long-term growth.


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.

Features

  • 2590 mm ceilings
  • 900 mm appliances
  • 12.5 m frontage
  • 313 m2 lot
  • 2+1 bathrooms
  • 3+2 bedrooms
  • 183 m2 house
  • Dual Occupancy
  • Stone benchtops
  • Split system air conditioning
  • Double garage
  • Single storey
  • Turnkey
  • Landscaping fencing and driveway
  • Gas ducted heating
  • Two self-contained dwellings
  • Two kitchens
  • Separate entries

Inclusions

  • 2590 mm ceilings
  • Tiled kitchen splashback
  • LED downlights throughout
  • Stainless steel double bowl sink
  • Full turnkey package
  • Landscaping fencing and driveway included
  • Clothesline
  • Stainless steel dishwasher
  • 20 mm Caesarstone benchtops
  • Gas ducted heating
  • Timber laminate flooring to entry and living areas
  • Carpet to bedrooms
  • Flyscreens to openable windows
  • Hardwired smoke detectors
  • Concrete roof tiles
  • Independent quality inspections
  • 10 year structural warranty
  • 3 month maintenance period
  • Letterbox
  • Semi-framed shower screens
  • Fixed price site costs including rock excavation
  • 900 mm stainless steel upright cooker and canopy rangehood
  • Laminate kitchen cabinetry with overhead cupboards
  • Melamine pantry shelving
  • Tiled wet areas
  • Split system air conditioner to main living area
  • Solar hot water service with gas booster
  • Wall and ceiling insulation
  • LED sensor flood light outside laundry
  • Colorbond sectional garage door with motor and 2 remotes
  • Feature front entry door with clear glazing
  • Double cylinder deadbolt to front entry
  • Colorbond fascia gutters and downpipes
  • Venetians to front windows and roller blinds elsewhere
  • Colour through concrete driveway and path
  • Turf plants mulch and toppings to front and rear yards
  • Irrigation to two garden taps with timers
  • Timber fencing with wing fence and gate
  • Two part termite treatment
  • Full house clean on completion

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address

Address Tarneit VIC 3029
City Tarneit
State VIC
Postcode 3029
Suburb N/A
Estate Kinship
Region Melbourne

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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.

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