VIC/
Tarneit

Suburb Profile

Tarneit - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3029

house
unit

Homeowners and real estate investors betting on TARNEIT, 3029 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 15.47%.

A steady increase in median property prices over a five-year period in the suburb translates to a 33.77% capital gain.

Property investors in TARNEIT enjoyed capital gains of 15.47% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $515,000.

Profits due to an upward trend in home prices there averaged 11.26% per annum over a 3-year period.

Home owners selling their properties and realtors in TARNEIT usually have to wait an average of 43.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $375 mark, reflecting a 3.79% increase in returns based on the current median price in TARNEIT.

TARNEIT, 3029 places 300th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $515,000 $370,500
GROWTH REPORT
Median Quarterly 3% 1.51%
Median 12 month 15.47% 14.35%
Median 3 years 33.77% 19.52%
Median 5 years 45.07% 31.62%
10 years average annual 5.99% 4.87%
Weekly media advert. rent $375 $330
Time on Market 43.7 days 73.6 days
Gross Rental Yield Percent 3.79% 4.63%
demographics (median values)
Total Population
6670
Weekly Household Income
1358
Household Size
3.10
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Capital Gains Tax (CGT) Calculator

Tarneit, VIC
property details
Sale price
$
Current taxable income
$
Purchase price
$
Calculate
promoted stories