Owlet Street, Tarneit VIC-0
Owlet Street, Tarneit VIC-1
Owlet Street, Tarneit VIC-2
Owlet Street, Tarneit VIC-3

Property Images

Owlet Street, Tarneit VIC-0 Owlet Street, Tarneit VIC-1 Owlet Street, Tarneit VIC-2 Owlet Street, Tarneit VIC-3
  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 204

Details

Updated on Jun 12, 2026

Property Type: Dual Occupancy
Price: $ 811,810
Land Price: $ 400,000
Build Price: $ 411,810
Gross Per Week: $ 910*
Gross Per Annum: $ 47,320
Gross Yield: 5.83%
Capital Growth 12 Months: 4.13%
Capital Growth 10 Year Annualised: 6.46%
Vacancy Rate: 3.59%
Property Size: 204 m2
Land Area: 415 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Title Status: Titled
Property ID: 20519
SKU: 1069
Sold: Jun 24, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This Dual Occupancy in Tarneit has been carefully crafted to offer both practical living and solid returns. Featuring 3+2 bedrooms, 2+1 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.


Suburb profile:

Tarneit is one of Melbourne's fastest growing western suburbs, known for its family friendly environment and strong investment appeal. Serviced by Tarneit Train Station and easy access to the Princes Freeway, residents enjoy convenient connectivity to Melbourne's CBD. The suburb features Tarneit Central Shopping Centre, nearby Pacific Werribee, quality schools, childcare facilities and expansive parklands that support a balanced lifestyle. Ongoing residential development and infrastructure investment continue to drive solid rental demand and long term capital growth in Tarneit.


Inclusions:

  • Fixed price house and land package
  • Modern front facade as per selected design
  • 20mm stone benchtops to kitchen, bathrooms and laundry
  • Waterfall island benchtop (design dependent)
  • Quality Technika appliances including cooktop, oven, rangehood and dishwasher
  • Soft-close cabinetry throughout kitchen and bathrooms
  • Walk-in pantry and built-in pantry cabinetry (design dependent)
  • LED downlights to main living areas and porch
  • Split system air conditioning to main living area
  • Data and NBN-ready connection package
  • Modern slimline light switches
  • Timber laminate flooring to main living areas
  • Carpet with quality underlay to bedrooms
  • Three-coat paint system throughout
  • Blinds and flyscreens to all windows
  • Freestanding bath (design dependent)
  • 2590mm high ceilings
  • Fully landscaped front and rear yards
  • Coloured concrete driveway
  • Fencing, clothesline and letterbox
  • Brick infills above windows and garage door
  • 7-star energy rating compliant
  • Developer and estate requirements included (where applicable)

With its blend of lifestyle appeal and investment strength, this Dual Occupancy in Tarneit is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.

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.

Floor plans

floor_plan.png
Address Owlet Street, Tarneit VIC
City Greater Melbourne
State VIC
Postcode 3029
Suburb N/A
Estate Grace

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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.

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.

SMSF Single Contract

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