5 Labero Drive, Tarneit, VIC 3029 | Property Value & History | OnTheHouse
OFF MARKET

5 Labero Drive
Tarneit VIC 3029

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 210m2
Land area: 448m2
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Property Details for 5 Labero Dr, Tarneit

5 Labero Dr, Tarneit is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 448m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Floor Size
210m2
Land Size
448m2
Local Government
Wyndham
Lot/Plan
1728/PS811177

Last Listing description (June 2024)

LJ Hooker Point Cook presents 5 Labero Drive, Tarneit. Exquisitely built by Carlisle Homes, this 29 square (approx.), single storey, brick/render home is the perfect four bedroom abode for growing families and savvy investors alike. Near to new, only 2 years old and 5 years of building warranty still remaining and 25 years of structural warranty. Comprising modern appliances, a massive main bedroom with all the trimmings, large, light-filled living spaces and plenty of other alluring features, you can't go wrong with this flawless residence. Located in the contemporary Riverdale Village Estate, occupants will enjoy a family friendly and convenient lifestyle with nearby access to quality zoned schools, parks and recreational reserves, proposed new train station to commence in 2025 will be within walking distance, established bus routes, a range of entertainment and dining opportunities.

- Massive floorplan offers a spacious kitchen/dining/family zone in an open plan setting, as well as a secondary lounge/rumpus space and handy study nook/home office.
- Phenomenal kitchen is well-equipped with modern appliances including stainless-steel oven, cooktop and rangehood, plus airy walk-in pantry, island benchtop/breakfast bar, and natural light filtering in through large windows.

- Four spacious, carpeted bedrooms include the luxurious main suite with its own walk-in wardrobe and beautiful en suite facilities with double vanity and double shower, while the remaining bedrooms offer walk-in robes.
- Main bathroom is complete with a separate shower and bathtub, large mirror and vanity with under sink storage, plus separate toilet.
- Property sits upon a massive 448m2 (approx.) block and includes a spacious, fully fenced backyard with low maintenance lawn and large, concreted/covered alfresco that's perfect for families who love to entertain.
- Further highlights include a double remote garage, additional driveway parking spaces, landscaped front yard, separate internal laundry, ducted heating, evaporative cooling and alarm system.

Located in the highly sought-after, up-and-coming Riverdale Village Estate, in a beautiful pocket of Tarneit, this home is in close driving proximity to Tarneit Central and Wyndham Village shopping centres, with Riverdale Village Shopping Centre conveniently just a few blocks away. A wide range of exciting dining, and entertainment facilities, outdoor gyms, parks and reserves and fantastic local schools including the zoned Tarneit Rise Primary School, Tarneit P-9 College and Tarneit Senior College create such an air of convenience for residents of this home. For commuters, Tarneit Train Station is a short drive from the home, while bus routes and main roads are easily accessible.

Note. 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. School zoning stated on findmyschool.vic.gov.au as at 19/10/2022 and subject to change.

Property History for 5 Labero Dr, Tarneit, VIC 3029

A timeline of how this property has performed in the market
Last Sold
$727,000
05 Apr 2023
Listed for Rent
$430/w
28 Mar 2022
  • 05 Apr 2023
    Sold for $727,000
  • 20 Oct 2022
    Listed for Sale $740,000 - $760,000
  • 15 Mar 2022
    Listed for Rent $430 / week
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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 37,168 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 519 properties listed for sale, and 194 properties listed for rent in Tarneit on OnTheHouse. According to Cotality's data, 2697 properties were sold in the past 12 months in Tarneit.

Suburb Insights for Tarneit 3029

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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.