Lot 5738 - The Grove Estate - Tarneit
Tarneit, Melbourne, VIC, 3029$ 595,000
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 168
Details
Updated on Sep 18, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 595,000 |
| Land Price: | $ 177,600 |
| Build Price: | $ 417,400 |
| Gross Per Week: | $ 572 |
| Gross Per Annum: | $ 29,744 |
| Gross Yield: | 5.00% |
| Capital Growth 12 Months: | 2.26% |
| 10Yr Annualised Growth: | 6.46% |
| Vacancy Rate: | 3.82% |
| Property Size: | 168 m2 |
| Land Area: | 111 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Land Title Date: | N/A |
| Property ID: | 38097 |
| 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.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
Open on Google Maps
Address
Lot 5738 - The Grove Estate - Tarneit
City
Melbourne
State
VIC
Postcode
3029
Suburb
Tarneit
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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.