At number 842th in the list of Australian suburbs ordered by increase in median house value over the last year, Tarneit, 3029 is in the top 30% with a property value increase of 12.30% recorded in median house prices.
Tarneit,3029 has offered an average of 12.30% return per annum in house price rises to property investors over the last three years.
The most recent median price for Tarneit is $453000, with sellers offering an average of -4.74% off the asking price.
Over the last year, property investments in Tarneit, 3029 have given investors a capital gain of 7.82%. This compares favourably with the 3.49% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Tarneit,3029 has racked up an average of 7.82% over the period. This ranks it number 1058th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.13% offered to property buyers. Sellers in Tarneit itself are offering an average vendor discount of -6.82% to real estate investors.
The VIC suburb of Tarneit, 3029 is in the Wyndham local government area.