How Much is My Home Worth in Tarneit?
On March 27, 2020, the median price for a house in Tarneit was $552,500. A median-priced unit was valued at $386,000. This year there has been 667 houses and 44 units sold. It takes approximately 81 days to sell a house and 90 days to sell a unit or an apartment. The annual capital growth for homes is 5.60% and units is 4.87%. The 12-month capital growth is -2.39% on houses and -1.71% for units. The gross rental yield for a house is 3.77% and for a unit it is 4.69%.
The Demand to Supply Ratio or DSR ranking says that an investment in houses is above average and for units, it is rated as balanced. This is a good market for investors. Vendors are more often than not getting their asking price. The national average for property growth should marginally stay ahead of the nation’s average.
House prices and rent returns in Tarneit.
- 2 bedroom home $437,500 Rent per week $335
- 3 bedroom home $507,000 Rent per week $370
- 4 bedroom home $575,000 Rent per week $400
Unit prices and rent returns in Tarneit.
- 2 bedroom unit $372,500 Rent per week $345
- 3 bedroom unit $412,000 Rent per week $360
Free Real Estate Appraisal Tarneit
Are you going to put your house on the market for sale? If so, we provide free property appraisals on land, units, apartments and houses. We present our valuation on the property’s proximity to schools, shops and amenities. Nearby public transport is taken into account as is the recent sales history in the suburb. Our appraisers know the region well and will give you an accurate estimation as to the worth of your home.
Free Rental Appraisal Tarneit
Have you just purchased an investment property and need a rental manager? Or, are you vacating your home and would like to rent it out? Our property management team currently manage over 3600 homes in Melbourne. We have a database of tenants that are actively looking to rent all type of property. All our prospective tenants are vetted for security purposes. We engage closely with the landlord. Initially, we determine the length of the rental and the preferred tenant. From here we can place the renter, collect the monthly rent, carry out routine inspections and tend to maintenance issues. We will give your a free rental appraisal that should accurately reflect your weekly rent return.
Property Valuation Tarneit
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Tarneit Shopping Centre
Lifestyle in Tarneit
Located just 25 kilometres west of the Melbourne CBD. The Tarneit train station is located near the eastern boundary on the Werribee line. This is a growing suburb with a population over 34,000. Its neighbours include Hoppers Crossing and Truganina.
Schools in Tarneit
There are 3 schools in Tarneit.
- Baden Powell P-9 College – Co-educational
- Good News Lutheran School – Private
- Thomas Carr College – Co-educational