16 Penrose Promenade, Tarneit, VIC 3029 | Property Value & History | OnTheHouse
OFF MARKET

16 Penrose Promenade
Tarneit VIC 3029

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 255m2
Land area: 576m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Apr 2026
Low

High
Save

Property Details for 16 Penrose Prom, Tarneit

16 Penrose Prom, Tarneit is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 576m2 and floor size of 255m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
2010
Floor Size
255m2
Land Size
576m2
Local Government
Wyndham
Lot/Plan
30/PS524716

Last Listing description (October 2017)

When you think ex-display, you think style, luxury, and high end living; that is exactly what this family home has to offer. With soaring ceilings upon entrance, ultramodern features throughout, the home offers a versatile and vast floor plan making it an easy decision. This highly desirable residence is located on a generous 576m2 (approx.) parcel of land, complete with four great sized bedrooms, including two master bedrooms. The first master bedroom includes an en suite with double vanities, plantation shutters for privacy and a large walk-in-robe. The remaining three bedrooms are fitted with either walk-in-robes or built-in-robes, one of which has the convenience of being a second master bedroom with its own en suite, while a third bathroom caters for the rest of the house hold and provides an oversized shower. Into the heart of the home, the open plan kitchen that streams plenty of natural light, overlooks the dining area along with one of three living zones, providing an abundance of space for the whole family to relax and enjoy. The kitchen is finished with quality stainless steel appliances including a 900mm gas cook top, an island bench and walk in pantry with views of the low maintenance, family-friendly backyard. The stunning decking in the backyard is ideal for those who love to entertain, with a grassed area around the rear for the kids and family pets. Other great features of this home include; open study, gas ducted heating, refrigerated cooling, double lock up garage with internal drive through access, high ceilings, brand new carpet, repainted throughout, 25 solar panels to keep your electricity bills minimal and all in close proximity to Tarneit Train Station, Tarneit Gardens Shopping Centre, public transport and local schools. This home is a must-see, book your inspection today!

Samantha McCarthy : 0431 712 899

Property History for 16 Penrose Prom, Tarneit, VIC 3029

A timeline of how this property has performed in the market
Last Sold
$679,000
10 Jun 2017
Listed for Rent
$430/w
06 Jul 2011
  • 10 Jun 2017
    Sold for $679,000
  • 18 May 2017
    Listed for Sale $600,000 - $660,000
  • 22 Jun 2011
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 37,376 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.
There are currently 565 properties listed for sale, and 136 properties listed for rent in Tarneit on OnTheHouse. According to Cotality's data, 2664 properties were sold in the past 12 months in Tarneit.

Suburb Insights for Tarneit 3029

Market Insights
Tarneit Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Tarneit Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
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.