Property value increases in Tarneit have tracked just higher than the VIC average of 11.63% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tarneit has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Tarneit are currently offering property investors an average price cut of -3.81% below the asking price at the moment.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
Tarneit, 3029 ranked 83th in VIC when comparing growth in median property values or capital gain over the last 12 months. Tarneit is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, Tarneit,3029 has racked up an average of 14.60% over the period. This ranks it number 702th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.48% to buyers in Tarneit at the moment, which is less than average for the rest of VIC.
Tarneit, 3029’s gross rental yield is 4.63%