Lot 119 - Kinship - Tarneit - AUD 966,392.00
Tarneit , Melbourne, VIC, 3029$ 966,392
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 205
Details
Updated on May 21, 2026
| Property Type: | House and Land |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 966,392 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 600 |
| Gross Per Annum: | $ 27,040 |
| Gross Yield: | 3.23% |
| Capital Growth 12 Months: | 4.13% |
| 10Yr Annualised Growth: | 6.46% |
| Vacancy Rate: | 3.33% |
| Property Size: | 205 m2 |
| Land Area: | 350 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 22833 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*
Tarneit, located approximately 25 kilometers west of Melbourne's Central Business District, is a rapidly expanding suburb within the City of Wyndham. With a population of 56,370 recorded at the 2021 census, Tarneit is characterized by its youthful demographic, boasting a median age of 30 years, and a diverse multicultural community, with significant populations from India, New Zealand, the Philippines, Pakistan, and Bangladesh .
The suburb is well-equipped with amenities catering to its growing population. Tarneit Central Shopping Centre serves as a major retail hub, featuring anchor tenants like Coles, Kmart, and Aldi, alongside over 45 specialty retailers, cafes, and restaurants . Additionally, the upcoming $70 million Grove Shopping Centre is set to enhance the local retail landscape, offering a full-line Woolworths supermarket, specialty stores, fitness centers, and dining options, with completion expected in early 2027.
Education is a cornerstone of the community, with a range of public and private institutions catering to all levels. Notable schools include Tarneit P-9 College, Baden Powell P-9 College, Brinbeal Secondary College, and Thomas Carr College. The suburb also hosts several primary schools and faith-based institutions, reflecting its diverse population .
Transportation in Tarneit is robust, facilitating easy commutes to Melbourne and surrounding areas. Tarneit railway station offers direct train services to Melbourne's CBD, making it a convenient option for daily commuters. The suburb is also serviced by an extensive bus network, including the innovative FlexiRide on-demand service in Tarneit North, which allows residents to book rides to local destinations and transport hubs . Major roadways like the Princes Freeway and the Western Ring Road provide additional connectivity for drivers.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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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.