Tarneit Suburb Profile
Victoria 3029

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Tarneit has 33,791 properties. Over the last 5 years, Houses in Tarneit have seen a 25.99% increase in median value, while Units have seen a 18.50% increase. As at 31 May 2024:

  • The median value for Houses in Tarneit is $687,618 while the median value for Units is $473,850.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 511 properties listed for sale, and 107 properties listed for rent in Tarneit on OnTheHouse. According to CoreLogic's data, 1824 properties were sold in the past 12 months in Tarneit.

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.

Suburb Insights for TARNEIT 3029

Market Insights

Median Value
Median Growth
Median Rent
Rental Yield
Median Value
05/2015 - 05/2024
10 years
5 years
1 year

Neighbourhood Insights

Age
Household
Occupancy
Population 34,562
0-9
 
22%
10-19
 
13%
20-29
 
14%
30-39
 
25%
40-49
 
13%
50-59
 
7%
60-69
 
4%
70-79
 
2%
80-89
 
1%

Last Updated: 29/06/2024

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.