Lot 5550 The Grove Estate, Launch Drive Tarneit VIC 3029
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Property Details for Lot 5550 The Grove Estate, Launch Dr, Tarneit, VIC 3029
Lot 5550 The Grove Estate Launch Dr Tarneit VIC 3029 is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 392m2 and floor size of 399m2. The place is currently for sale with Kingsbridge Homes.
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 37,977 properties. Over the last 5 years, Houses in Tarneit have seen a 9.98% increase in median value, while Units have seen a 17.51% increase. As at 31 August 2026:
- The median value for Houses in Tarneit is $688,093 while the median value for Units is $515,591.
- Houses have a median rent of $530 while Units have a median rent of $470.
Suburb Insights for Tarneit 3029
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