Real Estate Tarneit Vic 3029

Tarneit: Family-oriented, diverse, growing suburb.

Housing Market in Tarneit

Key Tarneit Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$549	Bottom 38%	155% to May 2026
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Tarneit

Tarneit Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Development applications	31.6	Top 21%	92% to Jun 2025
Developments	0.2	Bottom 24%	Data for Jul 2023
Housing Stock Quality Indicator	38.0	Top 18%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	33 lots	Top 8%	450% to Jul 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	235	Top 1%	552% to May 2026

Housing Stock Quality in Tarneit

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	89.6%	Bottom 20%	5% to Jan 2021
Average bedrooms - all homes	3.4	Top 3%	9% to Jan 2021
NBN connection: fibreoptic cable to node	43.2%	Top 8%	Data for Jun 2023

Development Restrictions in Tarneit

Tarneit Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS Melbourne	Trend
Total area	61.0 sq km	Top 19%	Data for Jan 2021
Heritage overlay total area	0.1 sq km	Top 39%	Data for Jun 2023
Residential density	1430 sqm per resident	Top 48%	Data for Jan 2021

Risk in Tarneit

Tarneit Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
% Owner Occupied	70.9%	Bottom 6%	4% to May 2023
% Rentals	29.1%	Top 7%	12% to May 2023
Housing Affordability Index	38	Top 32%	Data for Jun 2023
Median monthly mortgage	$2,520	Top 22%	38% to May 2023
Rent Affordability Index (Houses)	79	Top 44%	Data for Jun 2023
Rent Affordability Index (Units)	74	Bottom 37%	Data for Jun 2023
Mortgage as a percent of income	21.3%	Bottom 44%	12% to Jan 2021
Mortgaged Dwellings	70.9%	Top 2%	22% to May 2023

Housing Demand in Tarneit

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Field	Value	VS Melbourne	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	29900	Top 3%	4% to Dec 2036
Historical Population (SA3)	329000	Top 1%	260% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	401000	Top 1%	363% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Tarneit

Tarneit Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$480	Top 43%	140% to May 2026
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	79.1%	Top 27%	48% to May 2026

Realtors (8)

Headline	Place	Datetime
361 Real Estate	652 Tarneit Rd
361 Real Estate Tarneit	Shop 39b 380 Sayers Rd
A.L. Property Investments Pty Ltd
Century 21 Paramount Realtors	39B/380 Sayers Rd
Raine & Horne Tarneit	101/192 Hummingbird Boulevard

Planning Applications: Other (44)

Headline	Place	Date
Section 72 Amendment - amend condition 5 and 6 - Wyndham City Council WYP15106/25.02	1069 Sayers Road Tarneit VIC 3029	15 May 2026
Section 72 Amendment - Amend plan to change staging sequence of stage 11 and 12 with associated amendment to public infrastructure plan - Wyndham City Council WYP6211/12.20	804 Leakes Road Tarneit VIC 3029	27 Mar 2026
Section 72 Amendment to the Planning Permit and Plans - Wyndham City Council WYP10730/18.22	1030 Tarneit Road Tarneit VIC 3029	20 Mar 2026
Section 72 Amendment - Deletion of condition 42 - Wyndham City Council WYP13929/23.07	800 Derrimut Road Tarneit VIC 3029	08 Mar 2026
Section 72 Amendment to amend the plans to reduce first floor, crossover relocation and reduction in the number of car parking spaces - Wyndham City Council WYP14843/24.02	3 Travancore Street Tarneit VIC 3029	26 Feb 2026

Planning Applications: Dwellings (51)

Headline	Place	Date
52.05-2 Construct or put up for display a home based business sign greater than 0.2sqm - Wyndham City Council WYP15658/26	7 Briggs Way Tarneit VIC 3029	09 May 2026
52.19-1 Construct a building or construct or carry out works for a telecommunications facility - Wyndham City Council WYP15656/26	620 Derrimut Road Tarneit VIC 3029	09 May 2026
Section 72 Amendment - Amended permit preamble to allow for demolition and removal of buildings in a heritage overlay - Wyndham City Council WYP12597/20.24	85-87 Sewells Road Tarneit VIC 3029	05 May 2026
33.03-1 – Use of land for an office 33.03-1 – Use of land for retail 33.03-4 - Construct a building or construct or carry out works 43.02-2 - Construct a building or construct or carry out works - Wyndham City Council WYP15634/26	40 Droomer Way Tarneit VIC 3029	28 Apr 2026
Four Lot Subdivision Please also include an option to complete this development prior to construction using a Section 173 Agreement or similar. - Streamlined Planning through Electronic Applications and Referrals S266493E	71 Basinview Drive, Tarneit VIC 3029	16 Apr 2026

Planning Applications: Industrial (5)

Headline	Place	Date
Clause 37.07-10 Subdivide land in the Urban Growth Zone Clause 33.03-3 Subdivide land in the applied Industrial 3 Zone Clause 37.01-3 Subdivide land in the Special Use Zone Clause 52.02 Create and Amend an Easement Clause 52.29-2 Subdivide land adjacent to a Road Zone Category 1 and Public Acquisition Overlay - Wyndham City Council WYP15630/26	1005 Boundary Road Tarneit VIC 3029	23 Apr 2026
2 Lot Subdivision of warehouses at lock-up stage - Streamlined Planning through Electronic Applications and Referrals S246600P	26 Droomer Way, Tarneit VIC 3029	08 Apr 2025
37.07-9 - Use of land for a warehouse in the Urban Growth Zone 37.07-11 - To construct a building or construct or carry out works in the Urban Growth Zone 33.03-1 - Use of land for a warehouse in the Industrial 3 Zone 33.03-4 - To construct a building or construct or carry out works in the Industrial 3 Zone 43.02-2 - To construct a building or construct or carry out works in the Design and Development Overlay Schedule 11 to 43.02 - To construct a fence and display a sign in the Design and Development Overlay 52.06-3 - Reduce the number of car parking spaces required - Wyndham City Council WYP14877/24	12 Droomer Way Tarneit VIC 3029	03 Dec 2024
Use and Development of the land for five (5) Warehouses - Wyndham City Council WYP14847/24	67 Droomer Way Tarneit VIC 3029	16 Nov 2024
Construction of two warehouses and reduction in the car parking requirement - Wyndham City Council WYP14600/24	38 Droomer Way Tarneit VIC 3029	22 May 2024

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Aaron Rd	16 May 2026	$727,400
Alister Gr	16 May 2026	$646,900
Amara St	16 May 2026	$727,900
Amaryllis Pde	16 May 2026	$825,300
Ambersweet Dr	16 May 2026	$743,600

LGA Details (1)

Headline	Place	Datetime
Local government area	Wyndham

Median House Rental Prices by Street (100)

Street	Date	Median rent (per week)
Maroon St	16 May 2026	$580
Maroa St	16 May 2026	$569
Mark Dr	16 May 2026	$538
Manning Cct	16 May 2026	$585
Manda Cct	16 May 2026	$543

Median Unit Sale Prices by Street (24)

Date	Median sale value	Street
16 May 2026	$539,100	Adrian Cct
16 May 2026	$672,400	Anther Ave
16 May 2026	$547,600	Crown Ct
16 May 2026	$399,600	Fenwick St
16 May 2026	$447,800	Flock St

Percent of Renters by Street (100)

Percent of Renters	Street
18.4%	Aaron Rd
0.0%	Aaron Road
90.0%	Abalone Walk
43.8%	Aberdeen Way
44.5%	Ackerman Ave

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
75.0%	St Margarets Ct	average turnover	Every 13.3 years (average turnover)	2026
84.4%	Lynbridge Cr	high turnover	Every 11.9 years (high turnover)	2026
215.9%	Aspire St	very high turnover	Every 4.6 years (very high turnover)	2026
70.1%	Wootten Rd	average turnover	Every 14.3 years (average turnover)	2026
161.0%	Hermosa Dr	very high turnover	Every 6.2 years (very high turnover)	2026

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
17 Trophy Dr	$382,000				06 Feb 2026	On Market
8 Mulgra View	$605,000	3.0	2.0	2.0	06 Feb 2026	On Market
335 Hogans Rd	$650,000	4.0	2.0	2.0	06 Feb 2026	On Market
335 Hogans Rd	Price Withheld	4.0	2.0	2.0	06 Feb 2026	On Market
23 Santarosa Ave	$1,150,000	5.0	3.0	2.0	06 Feb 2026	On Market

Businesses (66)

Name	Address
Riverdale Village Sales Office	Corner Davis Rd &, Hummingbird Boulevard, Tarneit VIC 3029, Australia
STARLIGHT HOME CONSTRUCTIONS PTY,LTD	17 Frances Browne Way, Tarneit VIC 3029, Australia
J Francis Electrical Solutions Pty Ltd	62 Tarlo Dr, Tarneit VIC 3029, Australia
SANJTRICS SOLUTIONS	24 Cityview Cres, Tarneit VIC 3029, Australia
iProf ElectricAll

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 1, 19 Larson Ave	$500	2.0	1.0	1.0	22 Jan 2026
Unit 1, 19 Larson Ave	$500	2.0	1.0	1.0	22 Jan 2026
Unit 1, 19 Larson Ave	$450	2.0	1.0	1.0	22 Jan 2026
Unit 1, 19 Larson Ave	$500	2.0	1.0	1.0	22 Jan 2026
Unit 1, 19 Larson Ave	$500	2.0	1.0	1.0	22 Jan 2026

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
22 Striker Way	$580	4	2	2	06 Feb 2026
19 Manda Circuit	$570	4	2	2	06 Feb 2026
1g Thomas Carr Dr	$490	2	2	1	06 Feb 2026
18 Obsidian Ave	$499	4	2	2	06 Feb 2026
403 Bethany Rd	$585	4	2	2	06 Feb 2026

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 2, 11 Ramona Ct	$440,000	2.0	1.0	1.0	30 Jan 2026	On Market
Unit 2, 11 Ramona Ct	$440,000	2.0	1.0	1.0	30 Jan 2026	On Market
Unit 2, 11 Ramona Ct	$440,000	2.0	1.0	1.0	30 Jan 2026	On Market
Unit 2, 11 Ramona Ct	$440,000	2.0	1.0	1.0	30 Jan 2026	On Market
Unit 2, 11 Ramona Ct	$440,000	2.0	1.0	1.0	30 Jan 2026	On Market

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