Tarneit Suburb Profile
Victoria 3029

Get email alerts for this suburb

Track this suburb to receive monthly email updates on median suburb statistics, properties sold and for sale and median property values.

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, 2058 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
Tarneit Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Tarneit Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

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%

Household Structure
Occupancy

Last Updated: 18/11/2024

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.