40 Banyan Way, Tarneit, VIC 3029 sold on 29 September 2025 | OnTheHouse
SOLD
Sold on 29 Sep 2025 for $427,000

40 Banyan Way
Tarneit VIC 3029

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 510m2
Save

Property Details for 40 Banyan Way, Tarneit

Building Type
Land
Land Size
510m2
Local Government
Wyndham
Lot/Plan
1114/PS730387

Last Listing description (May 2023)

The Grove offers beautiful, Creekside living surrounded by the tranquillity of stunning natural environments. Nestled in Melbourne's west, The Grove offers proximity to fantastic established amenity at great prices. All home sites will have outstanding access to education, retail amenity, recreational facilities and much more.

EAST Facing Titled Block of Land
- Land size of 510m approx.

- Build your dream home
- Ideal for first home buyers

Walking distance to Islamic College of Melbourne, Melbourne Grand Mosque, Davis Creek Primary School, Oval recreational center and within close proximity to Tarneit West Village shopping centre, Local transport and Train stations.
If you need more information, Please call Ishaq on 0468 622 355.

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 40 Banyan Way, Tarneit, VIC 3029

A timeline of how this property has performed in the market
Last Sold
$427,000
29 Sep 2025
  • 29 Sep 2025
    Sold for $427,000
  • 31 May 2023
    Listed for Sale Contact Ishaq
  • 01 Jun 2020
    Listed for Sale Make an offer today!
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 37,113 properties. Over the last 5 years, Houses in Tarneit have seen a 21.63% increase in median value, while Units have seen a 17.05% increase. As at 30 November 2025:

  • The median value for Houses in Tarneit is $709,017 while the median value for Units is $513,361.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 468 properties listed for sale, and 240 properties listed for rent in Tarneit on OnTheHouse. According to Cotality's data, 2623 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.