51 Drake Street, Tarneit, VIC 3029 | Property Value & History | OnTheHouse
 
OFF MARKET

51 Drake Street
Tarneit VIC 3029

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 819m2
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Property Details for 51 Drake St, Tarneit

Building Type
Land
Land Size
819m2
Local Government
Wyndham

Last Listing description (July 2018)

Positioned in the highly sought after Riverdale Village, sits this Easement Free East Facing 819m2 (approx.) vacant titled block of land. Take your lifestyle to a new level by building your dream home on this prime block of land.
At the heart of Riverdale Village will be the state of the art, architecturally designed Town Centre and community hub.
Once completed, the town centre will provide all your everyday shopping needs together, right here in the one location. And national supermarket chain Coles, which recently signed on as the anchor tenant, is expected to open a brand new supermarket within the Town Centre in 2019.

This East facing block is next to a park & close to future coming Tarneit West Train Station, Town Centre, Tarneit P-9 School & 4.2kms to existing Tarneit train station.
Land Dimensions are as follows:
- Block Size : 819 SQM
- Frontage : 11.34m
- Depth: 48.16m & 46.50m
- Back: 23.87m
Call Mike today on 0430 126 491 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.

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Property History for 51 Drake St, Tarneit, VIC 3029

A timeline of how this property has performed in the market
  • 04 Jun 2018
    Listed for Sale $426,000-$446,000
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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 37,112 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 238 properties listed for rent in Tarneit on OnTheHouse. According to Cotality's data, 2621 properties were sold in the past 12 months in Tarneit.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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