Tarneit is a rapidly growing greenfield suburb in Melbourne's west with a young population profile. New schools, shopping centres, and the train station make it highly sought-after by young families. At the current $640k median house price, an 80% loan at 6.25% over 30 years is about $3,152 per month.
| Median house price | $640,000 |
|---|---|
| Median unit price | $440,000 |
| Estimated monthly repayment | $3,152 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 2.9% |
| Gross rental yield | 3.6% |
| Typical days on market | 34 |
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