Tarneit at a glance
77,496
People
$597,500
Median sale
$521/wk
Median rent
4.53%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
VIC › Tarneit › Airedale Ave
$515,000
Last sold
28 Oct 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$515,000
28 Oct 2024 · derived via latest_sale
Tarneit at a glance
77,496
People
$597,500
Median sale
$521/wk
Median rent
4.53%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Tarneit
-13.8%
Median sale
Suburb $597,500
+0.73 pp
Gross yield
Suburb 4.53%
Suburb median $597,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
URBAN GROWTH ZONE - SCHEDULE 11
UGZ11
Jurisdiction
Wyndham
Wyndham, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned URBAN GROWTH ZONE - SCHEDULE 11 · UGZ11 (ZN). Official parcel area about 231 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 13. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $521/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned URBAN GROWTH ZONE - SCHEDULE 11 · UGZ11 (ZN). Official parcel area about 231 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 13. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Tarneit at a glance
77,496
People
$597,500
Median sale
$521/wk
Median rent
4.53%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Living Prospect Real Estate Point CookThis beautifully presented, modern home in the sought-after suburb of Tarneit is an ideal entry into the property market, offering affordability without compromising on quality. Whether you're a first-time homebuyer or an investor looking to add to your portfolio, this property is a great stepping stone into the Real Estate industry. Investors its currently leasing at $2,042.00 per calendar month.
The heart of the home is the contemporary kitchen, featuring a sleek 900mm gas cooktop, stone benchtops, and ample cabinetry – perfect for the home chef. The open-plan design integrates the kitchen, dining, and living areas, creating a light-filled space that’s perfect for family gatherings and entertaining.
Boasting 3 spacious bedrooms, including a master retreat complete with a stylish ensuite and a walk-in wardrobe, this home is designed for comfort and functionality. The two additional bedrooms are generously sized with built-in wardrobes and share a well-appointed central bathroom.
Comfort is assured year-round with a ducted heating and cooling system, keeping the home cozy in winter and cool in summer. Step outside to a low-maintenance backyard with synthetic grass, offering simple lifestyle.
A single-car garage providing secure parking and additional storage. Located in a family-friendly neighbourhood, this property is just minutes away from Melbourne Grand Mosque, Gurudwara Sahib temple Tarneit, schools, shopping centres, public transport, and local parks.
With a great location and a list of features that cater to modern living, this home represents an outstanding opportunity in today’s market. Whether you're looking for a place to call home or an investment with strong rental potential, this property is your first step.
AUCTION is scheduled on the 26th of October at 10:30am. All offers are welcome before the action.
For any further enquiries, please feel free to contact Lisa Said on 0416 068 936
Listing description written by Lisa Said, Living Prospect Real Estate Point Cook — reproduced as published, not verified by Districts.