Tarneit, VIC 3029

Tarneit, VIC 3029

Compare Part of Wyndham

23.76 km
Distance from CBD
40 k
Population

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
$569,000
+0.3% $456,000 $800,000 26
Median Sale Price
$570K
Based on 539 recorded sales within the last 12 months
Updated on 21 Jan 2021
Suburb Growth
+3.0%
Current Median Price: $569,900
Previous Median Price: $553,000
Based on 1147 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 1437
2021
-
- - - -
Median Rent Price
$390
per week
Based on 1377 recorded rent within the last 12 months
Updated on 21 Jan 2021
Rent Price Growth
-1.3%
Current Median Rent: $390
Previous Median Rent: $395
Based on 2555 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $569,900
Current Median rent: $390
Based on 1916 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

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