FOR SALE
UNDER CONTRACT

690 Davis Road
Tarneit VIC 3029

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10ac
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INDUSTRIAL SITE IN TARNEIT NORTH PSP

Raine and Horne Land Victoria proudly presents sale of one of the prime industrial zoned site in Tarneit.
Tarneit is a suburb in Melbourne, Victoria, Australia, 25 km west of Melbourne's Central Business District, located within the City of Wyndham local government area. Located near another emerging suburb, Truganina, Tarneit is estimated to increase to a population of over 63,000 by 2031.
The site is a short distance from Boundary Road and the future on-ramp onto the Outer Metropolitan Ring Road (OMRR)
Key Features
• Approved PSP
• Area-10 Acres
• Site offers Office and Light Industrial use under Tarneit North Precinct Structure Plan.
• Last chance to secure one of remaining Industrial Land Supply
• This property is in close proximity to Kenning Road Town Centre, with exceptional access to Melbourne's CBD, and the west and northern employment clusters via existing and planned road infrastructure.
• 40 Minutes' Drive to Melbourne CBD
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Property Details for 690 Davis Rd, Tarneit

Building Type
Land
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 33,729 properties. Over the last 5 years, Houses in Tarneit have seen a 22.39% increase in median value, while Units have seen a 20.31% increase. As at 31 October 2024:

  • The median value for Houses in Tarneit is $685,452 while the median value for Units is $488,540.
  • Houses have a median rent of $540 while Units have a median rent of $470.
There are currently 482 properties listed for sale, and 193 properties listed for rent in Tarneit on OnTheHouse. According to CoreLogic's data, 2059 properties were sold in the past 12 months in Tarneit.

Suburb Insights for Tarneit 3029

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Kevin Paghdar
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Sukhraj Romana
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Raine & Horne Land Victoria
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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.