502 Davis Road, Tarneit, VIC 3029 sold on 28 April 2025 | OnTheHouse
SOLD
Sold on 28 Apr 2025 - Price Unavailable

502 Davis Road
Tarneit VIC 3029

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6ac
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Property Details for 502 Davis Rd, Tarneit

Building Type
Land
Land Size
6ac

Last Listing description (April 2025)

Ray White Tarneit Proudly Presents - Prime 6-Acre Development Opportunity in Tarneit VIC 3029

An exceptional opportunity awaits in the heart of Tarneit. Positioned on an impressive allotment of approximately 24,490 sqm, this town centre site at 502 Davis Road offers endless potential for investors, developers, or visionary buyers ready to bring their commercial project to life.

Nestled next to the established Orchard Estate, in close proximity to the Gurudwara Sahib, and adjacent to the future Tarneit West Train Station, this site promises unparalleled convenience and future value.

Key Highlights:
- Significant Landholding: With over 24,000 sqm of prime land, this site offers vast possibilities for commercial or mixed-use development in one of Melbourne's fastest-growing corridors.

- Outstanding Location: Ideally situated in a thriving suburb, close to local amenities, schools, public transport, and green spaces - making it a sought-after location for future development.

- Strong Investment Appeal: As Tarneit continues its rapid growth, this site presents a compelling opportunity for capital appreciation and long-term value.

Seize this rare chance to secure a premium site in one of Melbourne's most dynamic and high-growth suburbs.

To discuss your interest please contact the exclusive agents Today:
RJ Singh - 0477 051 648 | rj.singh@raywhite.com
Anil Malik - 0401 336 236 | anil.malik@raywhite.com

Disclaimer: All information provided is deemed reliable but is not guaranteed. Buyers are advised to conduct their own due diligence and consult the Due Diligence Checklist provided by Consumer Affairs Victoria.

To learn more, visit: Due Diligence Checklist

Property History for 502 Davis Rd, Tarneit, VIC 3029

A timeline of how this property has performed in the market
Last Sold
28 Apr 2025
  • 17 Apr 2025
    Listed for Sale Contact Agent!
  • 02 Apr 2025
    Sold for $19,470,000
  • 15 Aug 2022
    Sold for $15,400,000
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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 37,373 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 557 properties listed for sale, and 155 properties listed for rent in Tarneit on OnTheHouse. According to Cotality's data, 2656 properties were sold in the past 12 months in Tarneit.

Suburb Insights for Tarneit 3029

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Rj Singh
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Anil Malik
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Ray White Tarneit
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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.