FOR SALE
EXPRESSION OF INTEREST ENDING 31 MAY 2024

135 Kenning Road
Tarneit VIC 3029

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10ac
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Golden opportunity to secure 10 Acres of land parcel in Tarneit North PSP

Raine & Horne Land Victoria is delighted to offer an exceptional opportunity of future development in approved Tarneit North PSP 1089.
Approx 10 acres of prime development potential, located in the Tarneit North precinct in one of the fastest growth corridors in the whole of Victoria.
• Close to Orchard, Marigold, New Haven and Verdant Hill residential estates.
• Proximity to future Davis Road train station, local schools and parks.
• Short drive to Tarneit train station and Tarneit central shopping centre.
• Short distance to Islamic College of Melbourne, Good news Lutheran College P-12 and Tarneit Rise Primary School.
• Close to Sikh Gurdwara Sahib (Temple) and Golden Wattle Mosque.
• 30 minutes drive to Melbourne CBD and 35 minutes to Melbourne Airport.
• Flexible settlement terms are available.
For more information, Please contact Talwinder Dahiya: 0435 486 458 or Harvir Hans : 0421 452 651
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Property Details for 135 Kenning Rd, Tarneit

Building Type
Commercial
Land Size
10ac

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About Tarneit 3029

The size of Tarneit is approximately 38.2 square kilometres. It has 50 parks covering nearly 3.6% of total area. The population of Tarneit in 2011 was 21,690 people. By 2016 the population was 34,562 showing a population growth of 59.3% in the area during that time. The predominant age group in Tarneit is 30-39 years. Households in Tarneit are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tarneit work in a professional occupation. In 2011, 69.4% of the homes in Tarneit were owner-occupied compared with 67.7% in 2016.

Tarneit has 33,785 properties. Over the last 5 years, Houses in Tarneit have seen a 24.82% increase in median value, while Units have seen a 19.30% increase. As at 31 August 2024:

  • The median value for Houses in Tarneit is $689,846 while the median value for Units is $480,347.
  • Houses have a median rent of $530 while Units have a median rent of $460.
There are currently 486 properties listed for sale, and 122 properties listed for rent in Tarneit on OnTheHouse. According to CoreLogic's data, 2012 properties were sold in the past 12 months in Tarneit.

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Talwinder Dahiya
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Harvir Hans
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Raine & Horne Land Victoria
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.