Lot 434 Buckwing Drive, Tarneit VIC

Tarneit, Wyndham City, VIC, 3029

$ 947,000

Tarneit, Wyndham City, VIC, 3029
Lot 434 Buckwing Drive, Tarneit VIC-0
Lot 434 Buckwing Drive, Tarneit VIC-1

Property Images

Lot 434 Buckwing Drive, Tarneit VIC-0 Lot 434 Buckwing Drive, Tarneit VIC-1

Overview

Property ID: LA-20195

  • Rooming House
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 210

Details

Updated on Dec 05, 2025 at 06:59 pm

Property Type: Rooming House
Price: $ 947,000
Land Price: $ 409,000
Build Price: $ 538,000
Gross Per Week: $ 1,600
Gross Per Annum: $ 83,200
Gross Yield: 8.78%
Capital Growth 12 Months: -0.15%
Capital Growth 10 Year Annualised: 5.86%
Vacancy Rate: 3.04%
Property Size: 210 m2
Land Area: 350 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: Titled
Property ID: 20195
SKU: 1053

Description

Positioned in the sought-after suburb of Tarneit, this Rooming House offers a forward-looking investment opportunity. With 5 bedrooms, 5 bathrooms and 2 car spaces, it blends contemporary design with low-maintenance living. Its modern features appeal to today’s market, while its location supports long-term value growth. Whether you’re expanding your portfolio or stepping into property investment, it’s well suited for future-ready buyers. A property that offers both confidence and opportunity.


Suburb profile:

Tarneit is one of Melbourne’s most in-demand western suburbs, offering modern estates, extensive parklands, and excellent access to the city via the Tarneit Train Station. Families benefit from a wide choice of schools, childcare centres, and the major Tarneit Central Shopping Centre. The suburb continues to grow rapidly with new infrastructure, including upgraded road networks and planned town centre expansions. With strong rental demand and ongoing development, Tarneit has become a key hotspot for both lifestyle buyers and strategic investors.


Inclusions:

  • 2700 mm Ceiling Height
  • 1 B Housing Type Compliance
  • Full T-Key Inclusions
  • Keyless Lock - Main Entrance Door & All Bedroom Doors
  • Additional Hot Water System For Additional Ensuites
  • Air Conditioner In All Bedrooms & Living Area
  • Hybrid Flooring to Bedrooms & Living and Tiles to the Wet Areas
  • 10 Year Structural Warranty
  • 900 mm Cooktop and 600 mm dishwasher in kitchen
  • Provide 2340h x 1200w front door
  • 6B Furniture Pack

This Rooming House 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.

Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend shows no signs of slowing down, and experts project a continued growth in single-person households, reaching an estimated 3 to 3.5 million over the next two decades. This surge underscores the increasing demand for housing options tailored to individual occupants.

Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms, and often including living and kitchenette facilities akin to a compact, one-bedroom unit or apartment. These properties appeal to tenants seeking affordable, adaptable, and hassle-free living arrangements that align with their lifestyles and requirements.

Many rooming houses are strategically situated in suburban areas, providing proximity to transportation, shopping centers, restaurants, cafes, and community hubs—making them an enticing choice for tenants.

Typical rooming house tenants encompass young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who prioritize convenience, connectivity, and collaboration.

For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and forward-looking investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the burgeoning demand for affordable and flexible housing solutions in urban settings.

Additionally, rooming house properties often boast higher capital growth potential, given their prime locations with access to transportation, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

  • High Demand: Rooms are in high demand, ensuring quick occupancy.
  • Higher Yields: Often double compared to the suburb average.
  • Diverse Tenant Base: Young professionals and older singles generally seek this accommodation category.
  • Tax Depreciation: Benefits from fixtures and fittings.
  • Income Security: Steady income flow even when one tenant moves out.
Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 434 Buckwing Drive, Tarneit VIC
City Wyndham City
State VIC
Postcode 3029
Suburb Tarneit

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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

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.

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