Median Sale Price
House
$560K
Updated on Aug 2020
2 BR $490K | 3 BR $505K | 4 BR $585K |
Unit
$394K
Updated on Aug 2020
1 BR - | 2 BR $376K | 3 BR $423K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $320,000 | 0.0% | $117,000 | $670,000 | 249 |
| 2010 | $365,000 | +12.3% | $155,001 | $770,000 | 565 |
| 2011 | $359,900 | -1.4% | $78,000 | $690,000 | 304 |
| 2012 | $355,000 | -1.4% | $45,000 | $650,000 | 377 |
| 2013 | $370,000 | +4.1% | $100,000 | $900,000 | 474 |
| 2014 | $380,000 | +2.6% | $1,000 | $1,150,000 | 528 |
| 2015 | $398,000 | +4.5% | $1,000 | $2,300,000 | 655 |
| 2016 | $440,000 | +9.5% | $248,001 | $4,500,000 | 656 |
| 2017 | $510,000 | +13.7% | $1,000 | $1,400,000 | 775 |
| 2018 | $575,000 | +11.3% | $1,000 | $1,130,000 | 639 |
| 2019 | $550,000 | -4.5% | $165,000 | $1,135,000 | 606 |
| 2020 | $565,000 | +2.7% | $257,000 | $1,040,000 | 362 |
Median Sale Price
$562K
Based on 558 recorded sales within the last 12 months
Updated on 18 Sep 2020
Suburb Growth
+1.2%
Current Median Price: $562,000
Previous Median Price: $555,000
Based on 1126 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$390
Updated on Aug 2020
2 BR $330 | 3 BR $370 | 4 BR $400 |
Unit
$350
Updated on Aug 2020
1 BR $278 | 2 BR $330 | 3 BR $360 | 4 BR $370 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $309 | 0.0% | $240 | $3,010 | 768 |
| 2012 | $300 | -3.0% | $220 | $1,261 | 802 |
| 2013 | $310 | +3.2% | $126 | $1,347 | 736 |
| 2014 | $330 | +6.1% | $255 | $2,000 | 482 |
| 2015 | $335 | +1.5% | $250 | $600 | 766 |
| 2016 | $360 | +6.9% | $270 | $700 | 748 |
| 2017 | $375 | +4.0% | $285 | $700 | 970 |
| 2018 | $390 | +3.8% | $300 | $1,864 | 1080 |
| 2019 | $400 | +2.5% | $40 | $850 | 1173 |
| 2020 | $395 | -1.3% | $175 | $1,608 | 801 |
Median Rent Price
$395
per week
Based on 1133 recorded rent within the last 12 months
Updated on 18 Sep 2020
Rent Price Growth
0.0%
Current Median Rent: $395
Previous Median Rent: $395
Based on 2285 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $562,000
Current Median rent: $395
Based on 1691 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Tarneit
Houses sold in Last 12 months ends 12 Sep 2020
$592K
Median Sale Price
82%
Clearance Rate
45/55
Sold/Reported
$765K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K | 18 | |
| $400 K - $600 K (Median Price Range) | 20 | |
| less than $400 K | 1 | |
Similar Suburbs to Tarneit 3029
Based on median house sale price sold in last 12 months
Schools closest to Tarneit, VIC 3029
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St James the Apostle School | DERRIMUT RDHoppers Crossing 3029 | Primary | Catholic | 1.04 km |
| St Francis of Assisi Catholic Primary School | 45 FAIRVIEW PARADETarneit 3029 | Primary | Catholic | 1.05 km |
| Thomas Carr College | 35 THOMAS CARR DRIVETarneit 3029 | Secondary | Catholic | 1.05 km |
| Tarneit P-9 College | 21-23 BRINBROOK STREETTarneit 3029 | Combined | Government | 1.36 km |
| Tarneit Senior College | 861 LEAKES ROADTarneit 3029 | Secondary | Government | 1.64 km |
| The Grange P-12 College | 30 DELORAINE DRIVEHoppers Crossing 3029 | Combined | Government | 1.63 km |