19 Praise Road, Tarneit, VIC 3029 | House for sale | OnTheHouse
 
FOR SALE
$730,000-$750,000

19 Praise Road
Tarneit VIC 3029

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
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Dual rental income, Smsf dream or ideal investment

One Agency Property Partners and Sahil Saran proudly presents this beautifully upgraded family residence, where contemporary elegance meets practical everyday living - 19 Praise Road, Tarneit — Brand New Dual Income Opportunity
Two rents, one title. Corner block. Frame stage now — settle into a brand new home warranty.
A rare chance to secure a brand new, purpose-suited dual-occupancy style residence on a corner allotment in Tarneit's growing estate. Currently at frame stage, this home is being built to capture two independent rental incomes from day one — ideal for SMSF purchasers, investors chasing yield, or owner-occupiers who want a self-contained space for extended family or extra cash flow.
Why it works as an investment
*Two tenancies, one title — a 3 bedroom, 2 bathroom main residence facing Praise Road, plus a private 1 bedroom self-contained unit at the rear with its own living area, kitchenette, ensuite and separate access via the side gate off Kindness Road.
*Corner block advantage — the second street frontage gives the rear unit genuine, private, independent access — no shared driveways or awkward walk-throughs.
*Brand new — full builder's home warranty, nothing to fix, nothing to renovate, appealing to tenants and easy to depreciate for investors.
*Newer home rent premium — modern layouts, energy efficiency and fresh finishes typically command stronger rent than older established homes in the same pocket.
*Strong cash flow potential — two rents from one set of land costs and one loan is the fundamentals of a genuinely positive cash flow property.
*SMSF-friendly — a single-title dual-income asset with strong depreciation and rental yield is a profile many SMSF investors specifically look for (always confirm structure and lending suitability with your accountant and financial adviser).
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Property Details for 19 Praise Rd, Tarneit

19 Praise Rd, Tarneit is a 4 bedroom, 3 bathroom House with 2 parking spaces. The place is currently for sale with One Agency Property Partners.

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House
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About Tarneit 3029

The size of Tarneit is approximately 38.2 square kilometres. There are 50 parks, covering nearly 3.6% of the total area. The population of Tarneit in 2016 was 34562 people. By 2021 the population was 56370 showing a population growth of 63.1% 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 2021, 66.60% of the homes in Tarneit were owner-occupied compared with 67.70% in 2016.

Tarneit has 37,754 properties. Over the last 5 years, Houses in Tarneit have seen a 11.85% increase in median value, while Units have seen a 22.02% increase. As at 31 July 2026:

  • The median value for Houses in Tarneit is $695,813 while the median value for Units is $530,623.
  • Houses have a median rent of $530 while Units have a median rent of $460.
There are currently 436 properties listed for sale, and 151 properties listed for rent in Tarneit on OnTheHouse. According to Cotality's data, 2619 properties were sold in the past 12 months in Tarneit.

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Sahil Saran
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Ankit Bachhu
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