119 Houdini Drive

Tarneit VIC 3029

Tarneit is within the City of Wyndham and provides convenient access to a wide range of amenities with close proximity to shopping centres such as Riverdale Village Shopping Centre, Tarneit Central Shopping Centre, and Werribee Plaza. The area is also well-served by esteemed educational institutions including Karwan Primary School, Good News Lutheran College P-12. Additionally, nature lovers will appreciate the nearby parklands, Commuters will find the Tarneit Station and well-connected bus routes convenient for their daily travels.

With great schools, child care, shopping, and nearby services, Tarneit locals have all of life's essentials close to hand.

About the Property

- House and land package 2-part land and build contracts
- Land area is 392sqm and land is registered
- Home is 4.4.2 | 3P + OOA
- Full turnkey.
- Fast build times

The Market

Median house price
2021 $605K - up 6.1%
2022 $652K - up 7.9%
Vacancy rate 0.83%
Rental population 27.08%

The Key Numbers

As of July 2023 the SDA pricing will be increased, this includes High Physical Support, Improved Liveability, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.

High Physical Support
SDA Income - $85,326 per participant
MRRC - $11,000 per participant
Location Factor - 0.94
Potential Total Income | $182,234
Potential Yield 19.1%

Improved Liveability
SDA Income - $70,995 per participant
MRRC - $11,000 per participant
Location Factor - 0.94
Potential Total Income | $155,292
Potential Yield 16.2%

*Please note that these numbers are based on 2 participants only. Numbers will vary for 3 participants.

Ready to get started?

Get in touch. You can secure this property with just $2,000 initial deposit. Make your move soon though as this is going to sell quickly.

Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.