TARNEIT 3029
State: VICPosiProp AI Investment Summary
TARNEIT (VIC 3029) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.1% and has experienced a 12-month capital growth of Up 3.9%, with a median house buy price of $675,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$612,500
$607,000
$690,000
$675,000
Suburb Market Profile
Last month Tarneit had 540 properties available for rent and 603 properties for sale. Median property prices over the last year range from $675,000 for houses to $463,000 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 4.1% and units rent for $450 PW with a rental yield of 4.5%. Tarneit has seen an annual compound growth rate of 3.9% for houses and 0.9% for units.