Penrose PromenadeTarneit VIC 3029
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Forthcoming Auction For Unit 5 Brand New!!
Property Details for 5/25 Penrose Prom, Tarneit
5/25 Penrose Prom, Tarneit is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces. The place is currently for sale with Jazz Real Estate - Eview Group.
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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 33,719 properties. Over the last 5 years, Houses in Tarneit have seen a 23.66% increase in median value, while Units have seen a 18.83% increase. As at 30 September 2024:
- The median value for Houses in Tarneit is $686,252 while the median value for Units is $478,860.
- Houses have a median rent of $530 while Units have a median rent of $470.
Suburb Insights for Tarneit 3029
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