Auction Times
Sat 30 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 24 Lansdowne Parade 0 0 0 Residential land | 11:00 AM Sat 30th Jan | First National Melton |
Median Sale Price
House
$570K
Updated on Dec 2020
2 BR $475K | 3 BR $496K | 4 BR $595K |
Unit
$407K
Updated on Dec 2020
1 BR - | 2 BR $389K | 3 BR $424K |
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 | $567,500 | +3.1% | $1,000 | $1,140,000 | 543 |
| 2021 | $580,000 | +2.2% | $460,000 | $750,000 | 19 |
Median Sale Price
$570K
Based on 535 recorded sales within the last 12 months
Updated on 17 Jan 2021
Suburb Growth
+3.3%
Current Median Price: $570,000
Previous Median Price: $551,000
Based on 1148 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$381
Updated on Dec 2020
2 BR $330 | 3 BR $365 | 4 BR $400 |
Unit
$350
Updated on Dec 2020
1 BR $278 | 2 BR $330 | 3 BR $360 | 4 BR $400 |
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 | 1176 |
| 2020 | $390 | -2.6% | $160 | $1,608 | 1419 |
| 2021 | - | - | - | - | - |
Median Rent Price
$390
per week
Based on 1378 recorded rent within the last 12 months
Updated on 17 Jan 2021
Rent Price Growth
-1.3%
Current Median Rent: $390
Previous Median Rent: $395
Based on 2545 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $570,000
Current Median rent: $390
Based on 1913 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Tarneit
Houses sold in Last 12 months ends 16 Jan 2021
$600K
Median Sale Price
97%
Clearance Rate
132/137
Sold/Reported
$1.22M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 4 | |
| $600 K - $800 K (Median Price Range) | 61 | |
| $400 K - $600 K | 58 | |
| 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 |