Lot 148 - Kinship - Tarneit

Description

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Tarneit, located approximately 25 kilometers west of Melbourne's Central Business District, is a rapidly expanding suburb within the City of Wyndham. With a population of 56,370 recorded at the 2021 census, Tarneit is characterized by its youthful demographic, boasting a median age of 30 years, and a diverse multicultural community, with significant populations from India, New Zealand, the Philippines, Pakistan, and Bangladesh .

The suburb is well-equipped with amenities catering to its growing population. Tarneit Central Shopping Centre serves as a major retail hub, featuring anchor tenants like Coles, Kmart, and Aldi, alongside over 45 specialty retailers, cafes, and restaurants . Additionally, the upcoming $70 million Grove Shopping Centre is set to enhance the local retail landscape, offering a full-line Woolworths supermarket, specialty stores, fitness centers, and dining options, with completion expected in early 2027.

Education is a cornerstone of the community, with a range of public and private institutions catering to all levels. Notable schools include Tarneit P-9 College, Baden Powell P-9 College, Brinbeal Secondary College, and Thomas Carr College. The suburb also hosts several primary schools and faith-based institutions, reflecting its diverse population .​

Transportation in Tarneit is robust, facilitating easy commutes to Melbourne and surrounding areas. Tarneit railway station offers direct train services to Melbourne's CBD, making it a convenient option for daily commuters. The suburb is also serviced by an extensive bus network, including the innovative FlexiRide on-demand service in Tarneit North, which allows residents to book rides to local destinations and transport hubs . Major roadways like the Princes Freeway and the Western Ring Road provide additional connectivity for drivers.

• Property Type: House and Land
• Property Stage:
• Price: $ 772,500.00
• Land Price: $ 404,000.00
• Build Price: $ 368,500.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: 1
• MPR: N/A
• Powder Room: 1
• Balcony: 1
• Floor Plan: Lucca
• Completion: N/A
• Land Size: 350
• Area Size: 206.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 550.00
• Est. Body Corp.: N/A
• Title Status: August 2026
• Gross Per Week: $ 550.00
• Gross Per Annum: $ 26,000.00
• Gross Yield: 3.70%
• Capital Growth 12 Months: -1.53%
• Capital Growth 10 Year Annualised: 6.07%
• Vacancy Rate: 1.53%