20E Tableland Road, Tarneit VIC 3029

Recent sale below market | 272sqm block limited for future value | No rental data available | Wyndham location stable but not premium The February 2024 transaction at $472,000 established a clear discount to the current estimate near $550,000, a $78,000 gap signalling either market movement or a forced sellers position. That spread presents a genuine entry risk if a prospective buyer overpays now without verifying recent comparable sales data. The 272 square metre lot constrains subdivision potential and limits capital growth relative to larger blocks in Tarneit. A buyer should treat this as a hold and use property not a flip. Three bedrooms and two bathrooms on this compact layout compete well against older stock in the area, especially for first home buyers seeking modern finishes without land maintenance burden. The open plan living and dining configuration serves young families efficiently, though the single car space cuts appeal for dual income households. This property suits an investor targeting entry level tenants or a buyer trading land size for location proximity to Wyndham infrastructure. To validate the estimated uplift, request a full comparable sales analysis for similar sized properties sold in the last three months – that data will confirm whether the current price range holds support or requires adjustment.