Tarneit, VIC 3029

Tarneit, VIC 3029

Compare Part of Wyndham

23.76 km
Distance from CBD
40 k
Population

Auction Times

Sat 22 Feb
 Auction Time Agency
23 Knightsbridge Drive
4 2 2 House
2:00 PM
Sat 22nd Feb		 Ray White
Sat 29 Feb
 Auction Time Agency
8 Claire Way
4 2 2 House
11:30 AM
Sat 29th Feb		 Ray White
10 St Margarets Court
6 2 2 House
2:00 PM
Sat 29th Feb		 First National Westwood
Median Sale Price
House
$560K
Updated on Jan 2020
2 BR
$430K
3 BR
$507K
4 BR
$575K
Unit
$387K
Updated on Jan 2020
1 BR
-
2 BR
$375K
3 BR
$412K
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
$555,000
 +0.9% $375,000 $820,000 65
Median Sale Price
$550K
Based on 613 recorded sales within the last 12 months
Updated on 20 Feb 2020
Suburb Growth
-3.6%
Current Median Price: $550,000
Previous Median Price: $570,000
Based on 1239 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$390
Updated on Jan 2020
2 BR
$338
3 BR
$370
4 BR
$400
Unit
$350
Updated on Jan 2020
1 BR
$280
2 BR
$340
3 BR
$365
4 BR
$365
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
$330
 0.0% $250 $600 766
2016
$360
 +8.3% $270 $700 748
2017
$375
 +4.0% $285 $700 969
2018
$390
 +3.8% $300 $1,864 1080
2019
$400
 +2.5% $40 $850 1169
2020
$380
 -5.3% $320 $480 54
Median Rent Price
$400
per week
Based on 1074 recorded rent within the last 12 months
Updated on 20 Feb 2020
Rent Price Growth
+2.5%
Current Median Rent: $400
Previous Median Rent: $390
Based on 2156 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $550,000
Current Median rent: $400
Based on 1687 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Tarneit

Houses sold in Last 12 months ends 15 Feb 2020

$530K

Median Sale Price

91%

Clearance Rate

148/163

Sold/Reported

$1.14M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 2
$800 K - $1 M 3
$600 K - $800 K 24
$400 K - $600 K
(Median Price Range)		 80
less than $400 K 4

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