15 Frolic StreetTarneit VIC 3029
Property Details for 15 Frolic St, Tarneit
15 Frolic St, Tarneit is a 4 bedroom, 4 bathroom House. The property has a land size of 350m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (April 2026)
A brand new Specialist Disability Accommodation (SDA) residence built to exacting standards, presenting investors with a rare opportunity to secure strong long-term returns while contributing to an essential housing need within the community.
This purpose-built home at 15 Frolic Street, Tarneit has been designed in line with NDIS SDA High Physical Support (HPS) guidelines, catering to participants with complex care requirements and offering a high-demand investment profile.
The home falls within the High Physical Support category, incorporating design provisions such as ceiling hoist readiness, accessible and reinforced bathrooms, and infrastructure suitable for assistive technologies. Every element has been carefully considered to support comfort, safety, and independent living for SDA participants.
Configured with 4 bedrooms and 4 bathrooms, the layout allows for up to 3 SDA participants, each with their own private ensuite, along with a dedicated space suitable for on-site carer accommodation. The home features a fully accessible, single-level design with wide circulation zones, two separate living areas, a double garage, and a covered alfresco area, ensuring both functionality and liveability.
Additional comfort and safety features include individual split system air conditioning in each bedroom and a fully installed fire sprinkler system, providing peace of mind for occupants and investors alike.
From an investment perspective, SDA housing offers advantages that extend beyond traditional residential property. High Physical Support homes are eligible for above-market rental returns, with gross yields often exceeding standard local rental benchmarks. Income is underpinned by government-backed NDIS SDA funding, delivering a more secure and reliable revenue stream compared to private leasing. Demand for High Physical Support dwellings continues to outweigh supply, reducing vacancy risk and supporting longer-term tenancies once participants are placed.
As a brand-new, purpose-built dwelling, the property also offers strong depreciation benefits, with potential tax deductions available on both the structure and specialised fittings. Importantly, it allows investors to participate in ethical investing, providing high-quality housing for people with significant support needs.
The property is ready for initial participant occupancy. Based on current NDIS SDA pricing benchmarks, a fully occupied three-participant High Physical Support home in this area has the potential to generate a high five-figure annual income, in addition to reasonable rent contributions.
Positioned within the Tarneit growth corridor, the location further enhances the appeal of this investment. The home is close to shopping centres, medical services, and everyday amenities, with convenient access to public transport options connecting to Tarneit Train Station. Ongoing infrastructure investment and strong population growth in the area continue to support long-term capital growth prospects.
With its thoughtful design, strategic location, and strong demand fundamentals, this High Physical Support SDA property stands out as a future-focused investment offering both financial and social returns.
Call Milan on 0469 870 828 or Bilal on 0475 750 002 for any further information.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 15 Frolic St, Tarneit, VIC 3029
- 06 Feb 2026Listed for Sale $800k - $880k / $110k Potential Income!
- 11 Nov 2021Sold for $353,000
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0About 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 37,376 properties. Over the last 5 years, Houses in Tarneit have seen a 18.55% increase in median value, while Units have seen a 22.33% increase. As at 31 March 2026:
- The median value for Houses in Tarneit is $718,462 while the median value for Units is $538,549.
- Houses have a median rent of $530 while Units have a median rent of $470.
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