Tarneit — Units

NEUTRAL
VIC 3029 Unit Rank #114 of 206 in Melbourne
$457K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
10 buyers/listing
Weak
LIQUIDITY
44d DOM
Weak
AFFORDABILITY
10.8% vs 5yr
Neutral
GROWTH OUTLOOK
Weak
Weak
YIELD
4.4%
Strong
SUPPLY PRESSURE
5.2% vacancy
Weak
#114/206 Weak Structure 13 $457K

Atlaso rates Tarneit units as HOLD. Average growth outlook. Rental yield of 4.4% is above the national average, but vacancy is elevated at 5.21%, indicating soft rental demand. Better units options may be available in Melbourne.

At $457K, Tarneit ranks #114 of 206 units in Melbourne. The long-term structural outlook is Weak.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Melbourne.

Tarneit Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Sellers Market tightening. Act sooner rather than later.
+8.8%
Asking Prices (3mo)
-6.6%
Rents (12mo)
3.4%
Vacancy
36%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$601K

Unit Weekly Rents (12 months)

$421/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3029.

Suburb Profile

Tarneit at a Glance

SEIFA Index
6/10
Above average
Household Income
$1,960/wk
Median household
Median Age
31
Years
Mortgage Stress
22%
of income
Population Growth
-32.3%
vs state +2.2%
Ownership Mix
22.5% owned 63.8% mortgage 9.6% renting

Demographic Trends

Tarneit Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Tarneit Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Tarneit a good suburb to invest in?
Atlaso rates Tarneit as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Tarneit and 46 Australian cities to generate this rating.
What is the median house price in Tarneit?
The current median house price in Tarneit, vic is $457K, with annual growth of +4.9%. Properties sell in approximately 44 days.
How fast do properties sell in Tarneit?
Properties in Tarneit sell in 44 days on average. The market is currently rated Weak. This is in line with the broader market.
What is the growth outlook for Tarneit?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Tarneit's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Tarneit?
The gross rental yield for houses in Tarneit is 4.4%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).