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Tarneit, located approximately 25 kilometers west of Melbourne's Central Business District, is a rapidly expanding suburb within the City of Wyndham. With a population of 56,370 recorded at the 2021 census, Tarneit is characterized by its youthful demographic, boasting a median age of 30 years, and a diverse multicultural community, with significant populations from India, New Zealand, the Philippines, Pakistan, and Bangladesh .
The suburb is well-equipped with amenities catering to its growing population. Tarneit Central Shopping Centre serves as a major retail hub, featuring anchor tenants like Coles, Kmart, and Aldi, alongside over 45 specialty retailers, cafes, and restaurants . Additionally, the upcoming $70 million Grove Shopping Centre is set to enhance the local retail landscape, offering a full-line Woolworths supermarket, specialty stores, fitness centers, and dining options, with completion expected in early 2027.
Education is a cornerstone of the community, with a range of public and private institutions catering to all levels. Notable schools include Tarneit P-9 College, Baden Powell P-9 College, Brinbeal Secondary College, and Thomas Carr College. The suburb also hosts several primary schools and faith-based institutions, reflecting its diverse population .
Transportation in Tarneit is robust, facilitating easy commutes to Melbourne and surrounding areas. Tarneit railway station offers direct train services to Melbourne's CBD, making it a convenient option for daily commuters. The suburb is also serviced by an extensive bus network, including the innovative FlexiRide on-demand service in Tarneit North, which allows residents to book rides to local destinations and transport hubs . Major roadways like the Princes Freeway and the Western Ring Road provide additional connectivity for drivers.
Property Type | House and Land |
Price | $ 610,750.00 |
Land Price | $ 279,750.00 |
Build Price | $ 331,000.00 |
Beds | 3 |
Bath | 2 |
Garage | 1 |
Storey | 1 |
Floor Plan | Forli |
Land Size | 236 |
Area Size | 128.90 |
Est. Rent PW | 500.00 |
Title Status | August 2026 |
Gross Per Week | $ 500.00 |
Gross Per Annum | $ 26,000.00 |
Gross Yield | 4.26% |
Capital Growth 12 Months | -1.53% |
Capital Growth 10 Year Annualised | 6.07% |
Vacancy Rate | 1.53% |