? 90 residential lots (STCA)
? Total site area of 4.09 ha*
? Included in Tarneit North PSP
The property comprises an infill greenfield development opportunity centrally located in Tarneit, an established residential suburb within Melbourne's Western growth corridor with limited further opportunities for medium density development of scale.
A summary of the offering is as follows:
+ Total site area of 4.09 ha*
+ 90 Lots STCA
+ PSP approved, Zoned Urban Growth Zone with the Schedule for residential subdivision
+ Strategically positioned close to Kenning Road Town Centre
+ Surrounded by future schools, retail, sporting reserves & residential developments
+ Featuring easy connectivity to the Princes Freeway arterial, this site provides a convenient 35-minute commute to the heart of Melbourne CBD
+ Exceptional access to west and northern employment clusters via existing and planned road infrastructure, as well as a planned train station and Tarneit Train Station.
This unique development land offering is offered for sale via Expressions of Interest campaign closing Wednesday 20 October 2023 at 5.00pm (AEST).
Please contact exclusive selling agents, Raine & Horne Land Victoria for more information.
The size of Tarneit is approximately 38.2 square kilometres. It has 50 parks covering nearly 3.6% of 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 36,810 properties. Over the last 5 years, Houses in Tarneit have seen a 17.51% increase in median value, while Units have seen a 19.39% increase. As at 30 April 2026:
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