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Lot 5215 - The Grove Estate - Tarneit
Tarneit, Melbourne, VIC, 3029$ 767,000
Overview
Property ID: LA-12952
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 176
Details
Updated on May 07, 2025 at 01:41 pm
| Property Type: | House and Land |
|---|---|
| Price: | $ 767,000 |
| Land Price: | $ 403,000 |
| Build Price: | $ 364,000 |
| Gross Per Week: | $ 550 |
| Gross Per Annum: | $ 23,400 |
| Gross Yield: | 3.73% |
| Capital Growth 12 Months: | -0.15% |
| Capital Growth 10 Year Annualised: | 5.86% |
| Vacancy Rate: | 3.04% |
| Property Size: | 176 m2 |
| Land Area: | 396 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | Registered |
| Property ID: | 12952 |
| 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.*
The Grove is an exciting family-orientated community in the heart of Melbourne’s growing west. And it's fast becoming a sought after address. Bordered by Davis Creek and the Werribee River, your blissful lifestyle by the river awaits.
The Grove is minutes from Tarneit Train Station and close to the Melbourne CBD. With it’s own shopping precinct on the way, parklands and open spaces, sports grounds, and two proposed schools in walking distance, it has something for every family.
The Grove will be home to plenty of fantastic amenities, including schools, shopping, childcare, community centres and beautiful parks with amazing playgrounds. Take a look at our Masterplan and see what else The Grove will offer.
The Grove is also home to a community activity centre – which stages regular events. There are also primary and secondary schools in the planning to cater for younger families.
Landscaped parks, modern playgrounds and sporting fields are dotted throughout The Grove, making it an ideal place for those looking to enjoy the great outdoors, grab some fresh air and relax.
The Grove is a short drive to Tarneit Train Station. With a location so close to major transport links, and the Princes Highway, you’ll always feel connected to the city.
The Grove will be home to a newly proposed town centre - catering for all your shopping needs. For those after even more variety, nearby Werribee Plaza or Point Cook Town Centre will excite you.
The residents at The Grove participate in a variety of scheduled activities and events throughout the year. There's is Live Life Get Active which hosts free fitness classes every school day.
Ready Steady Go Kids, a physio designed program teaching the fundamentals of different sports to kids aged 2.5 - 6 years, are hosting free classes twice a month.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
Open on Google Maps
Address
Lot 5215 - The Grove Estate - Tarneit
City
Melbourne
State
VIC
Postcode
3029
Suburb
Tarneit
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
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.
