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 › Velvet Way
For sale
For sale
4
Bedrooms
3
Bathrooms
2
Car spaces
336 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
No recorded sale price for this property yet.
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.
Planning
Planning data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 REDDY G Real EstatePresenting a stunning brand-new residence at 18 Velvet Way, Tarneit, this beautifully designed home combines contemporary style, generous proportions and premium finishes to deliver an exceptional lifestyle for families, first-home buyers and investors.
Modern Design & Premium Finishes
From the striking contemporary façade to the thoughtfully designed interiors, every aspect of this home has been carefully considered to provide comfort, style and functionality.
Impressive 3m Ceilings: High ceilings throughout create a spacious and light-filled atmosphere.
Gourmet Kitchen: A stylish and functional kitchen featuring quality finishes and a generous walk-in pantry.
Premium Upgrades: Carefully selected inclusions and finishes throughout the home add an extra level of comfort and sophistication.
Flexible Living Spaces
The thoughtfully designed floorplan offers multiple areas for both entertaining and everyday family living:
Separate Front Lounge: A private living space ideal for relaxing, entertaining guests or enjoying some quiet time.
Open-Plan Living & Dining: A spacious central area designed for seamless family interaction and entertaining.
Three Bathrooms: Conveniently designed to cater to growing families and guests.
Lifestyle & Location
Enjoy the perfect combination of modern living and everyday convenience:
Low-maintenance landscaped front and rear gardens.
Brand-new home with no previous occupants.
Potential First Home Owner Grant (FHOG) eligibility for eligible buyers.
Approximately 15 minutes to Melbourne Airport.
Approximately 35 minutes to Melbourne CBD.
Convenient access to local schools, shops, parks and major transport routes.
Key Features
Brand-new, never lived in
3-metre ceilings
Premium upgrades and finishes
Multiple living areas
Spacious open-plan kitchen, living and dining
Walk-in pantry
Three bathrooms
Low-maintenance landscaping
Durable brick veneer construction
Ideal for families, first-home buyers and investors
18 Velvet Way, Tarneit offers more than just a place to live - it delivers a modern lifestyle defined by space, quality and convenience.
Important Information:
Photo ID is required for all inspections.
For a copy of the Due Diligence Checklist, visit: Consumer Affairs Victoria – Due Diligence Checklist
Disclaimer:
All dimensions are approximate. Information provided is for general information purposes only and does not constitute a representation by the vendor or agent. Inspection times may change without notice. Please confirm inspection details prior to attending.
Listing description written by Akhil Pothu, REDDY G Real Estate — reproduced as published, not verified by Districts.