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Tarneit VIC 3029

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Land area: 10ac
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Future Development Site in Tarneit North PSP

This property, located in the rapidly developing area of Tarneit North, offers more than 10.5 acres (around 4+ hectares) of prime land in an Urban Growth Zone. Positioned within the Tarneit North Precinct Structure Plan (PSP), it boasts proximity to essential amenities like shopping centers, schools, and future transport hubs, including a proposed train station. With its strategic location near both current and future infrastructure, the site is an attractive investment opportunity for future development (STCA), making it ideal for those looking to capitalize on the area's growth potential.
Key Features:
- Investment/land holding opportunity
- Urban Growth Zone - Tarneit PSP
- Close to all existing & future amenities
- Future development site (STCA
For more information or to arrange an inspection, contact Greenfields Real Estate, your trusted partner in agricultural property sales.
Greenfields Real Estate
5 Schembri Drive, Truganina
Director: Jatinder Singh Aashat
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Property Details for Contact Agent For Address, Tarneit

Building Type
Rural
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 33,720 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.
There are currently 483 properties listed for sale, and 170 properties listed for rent in Tarneit on OnTheHouse. According to CoreLogic's data, 1999 properties were sold in the past 12 months in Tarneit.

Suburb Insights for Tarneit 3029

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Jatinder Aashat
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Rick Sharp
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Greenfields Real Estate
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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.