1070 Tarneit Road, Tarneit, VIC 3029 | Property Value & History | OnTheHouse
 
OFF MARKET

1070 Tarneit Road
Tarneit VIC 3029

Bedrooms: 3
Bathrooms: -
Car spaces: 2
Land area: 40932m2
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Property Details for 1070 Tarneit Rd, Tarneit

Building Type
Land
Land Size
40932m2
Local Government
Wyndham
Lot/Plan
21/LP92856

Last Listing description (August 2024)

? 90 residential lots (STCA)
? Total site area of 4.09 ha*
? Included in Tarneit North PSP

Raine & Horne Land Victoria are pleased to present for sale this outstanding opportunity to acquire significant landholding located in the heart of Tarneit, known as 1070 Tarneit Road, Tarneit

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.

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Property History for 1070 Tarneit Rd, Tarneit, VIC 3029

A timeline of how this property has performed in the market
Last Sold
$8,400,000
23 Dec 2024
Listed for Rent
$500/w
19 Jan 2017
  • 23 Dec 2024
    Sold for $8,400,000
  • 28 Sep 2023
    Listed for Sale Contact Agent
  • 10 Mar 2022
    Listed for Sale Contact Agent
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About Tarneit 3029

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 37,164 properties. Over the last 5 years, Houses in Tarneit have seen a 21.22% increase in median value, while Units have seen a 21.93% increase. As at 31 January 2026:

  • The median value for Houses in Tarneit is $717,269 while the median value for Units is $535,539.
  • Houses have a median rent of $530 while Units have a median rent of $460.
There are currently 513 properties listed for sale, and 189 properties listed for rent in Tarneit on OnTheHouse. According to Cotality's data, 2691 properties were sold in the past 12 months in Tarneit.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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