Is TARNEIT a good suburb for positive geared property investment in Australia?

TARNEIT in VIC currently features property rental yields up to 4.2% with a 12-month capital growth value of Up 3.4%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in TARNEIT 3029?

The median house price in TARNEIT 3029 is approximately $677,000 based on the latest tracked market indices.

Investment Spotlight • Australia

TARNEIT 3029

State: VIC

Updated: 11 July 2026

PosiProp AI Investment Summary

TARNEIT (VIC 3029) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Up 3.4%, with a median house buy price of $677,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$632,000

Up 4.5% 4.5% Yield

3 house • buy

$609,000

Up 3.2% 4.3% Yield

4 house • buy

$699,450

Up 4.2% 4.1% Yield

all house • buy

$677,000

Up 3.4% 4.2% Yield

Suburb Market Profile

Last month Tarneit had 533 properties available for rent and 652 properties for sale. Median property prices over the last year range from $677,000 for houses to $470,000 for units. If you are looking for an investment property, consider houses in Tarneit rent out for $525 PW with an annual rental yield of 4.2% and units rent for $450 PW with a rental yield of 4.5%. Tarneit has seen an annual compound growth rate of 3.4% for houses and 3.2% for units.

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