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 4.2% and has experienced a 12-month capital growth of Up 2.7%, with a median house buy price of $678,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$621,250
$605,000
$699,000
$678,000
Suburb Market Profile
Last month Tarneit had 578 properties available for rent and 629 properties for sale. Median property prices over the last year range from $678,000 for houses to $485,000 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 $468 PW with a rental yield of 4.6%. Tarneit has seen an annual compound growth rate of 2.7% for houses and -1.0% for units.
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