Market snapshot

Suburb insights for Tarneit3029

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Tarneit is a rapidly expanding multicultural suburb located 25 km west of the CBD. Over the next 20 years the population of Tarneit is forecast to grow exponentially.  A larger proportion of its population was born overseas and a significant proportion of these residents were from non-English speaking countries. The suburb features Wyndham Village Shopping Centre and Haven Park. For transport Tarneit railway station is on the Deer Park - West Werribee railway line and is part of the V/Line coach service.

Recent sales and auction results in Tarneit

AddressBedroomsPriceTypeMethodSale DateAgentListing
28 Eagleridge Prm, Tarneit4PriceHouse (Res)Auction Sale28/03/2025Biggin & Scott Wyndham CityView
7 Mcmahon Cr, Tarneit4PriceHouse (Res)Auction Sale28/03/2025Ray White TarneitView
8 Papillon Pde, Tarneit4PriceHouse (Res)Passed in Vendor Bid28/03/2025Ray White TarneitView
17 Conway St, Tarneit4PriceHouse (Res)Auction Sale24/03/2025Ray White WerribeeView
21 Cobram St, Tarneit4PriceHouse (Res)Private Sale17/03/2025Little Real Estate

Sales data

Median sale price
$651k
Quarterly price change
-0.7%
Metro Melbourne Comparison
$923k
2.7%
BedroomsTarneitMetro comparison
2$432,500$881,200
3$565,000$810,000
4$670,000$942,350
InsightTarneitMetro comparison
Clearance rate63%78.5%
Days on market5142

Rental data

Median weekly rent
$540
Rental yield
4.3%
Metro Melbourne Comparison
$580
3.3%
BedroomsTarneitMetro comparison
2$435$580
3$495$550
4$550$600
Median data for the current quarter
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