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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Tarneit has 2,120 houses available for sale. The median property price for a house is currently 647,000 with annual capital growth of -0.46 . There were 1,177 house sales in the past 12 months. On average, houses spend 48 days on market.

If you're thinking about buying an investment property in Tarneit, consider that rental yields for houses are currently 4.05 with an average median rent of 520 weekly. Houses have seen -0.46 growth in the past quarter, and -0.46 growth in the past 12 months.

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 126 units available for sale. The median property price for a unit is currently 470,000 with annual capital growth of 8.92 . There were 65 unit sales in the past 12 months. On average, units spend 54 days on market.

If you're thinking about buying an investment property in Tarneit, consider that rental yields for units are currently 4.95 with an average median rent of 450 weekly. Units have seen 1.84 growth in the past quarter, and 8.92 growth in the past 12 months.

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.

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Key Market Data House Unit
Median price 647,000 470,000
Quarterly growth -0.46 +1.84
12-month growth -0.46 +8.92
Average annual growth +2.93 +3.58
Weekly median rent 520 450
Gross rental yield 4.05 4.95
Number of Sales (12m) 1,177 65
Avg. Days on Market (12m) 48 54
Jump to Market Trends
Key Demographics 2011 2016
Total population 21,690 34,562
Population change (5y) +3166.57 +59.30
Median household income (p/w) 1,571 1,732
Household income change (5y) +43.60 +10.25
Median age of persons 28 30
Jump to Demographics Trends
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