24 Stubberfield Road, Tarneit VIC 3029
24 Stubberfield Road, Tarneit VIC 3029
4 bedrooms, 2 bathrooms, 2 car spaces on 350 m². Single-storey house built circa 2020–2023 in Tarneit. Walking distance to school and park. No bushfire overlay. Estimated value $693,000.
This property is competitively positioned as a modern, low-maintenance family home in a growth corridor. Its single-storey layout on a 350 m² lot is rare in newer Tarneit phases where two-storey designs dominate, offering easier living for young families or downsizers. The walking access to a school and park within 1.0 km is a genuine convenience advantage, not just a marketing point. The house serves best first-home buyers seeking an affordable entry into a new suburb, or investors targeting moderate rental yield from a standard 4-bedroom configuration. Its price alignment with recent comparable sales suggests it is fairly valued within the local market, not overpriced.
Several factors may influence the property’s value. The 350 m² lot is standard for recent subdivisions but could limit future expansion or outdoor space compared to older estates, which might affect resale appeal for families wanting larger gardens. The lack of detailed interior finish information means a buyer should verify flooring, cabinetry, and appliance quality, as these can vary significantly in new builds and impact perceived value. Proximity to ongoing residential development in Wyndham Shire may bring both infrastructure benefits and potential construction noise, though no specific projects are confirmed. Rental yield, estimated at 3.5–4.5% typical for the area, is moderate but not exceptional, so investors should weigh this against capital growth potential in a growth zone.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Stubberfield Road, Tarneit VIC 3029
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Tarneit is a high-growth family suburb positioned as a relatively affordable entry point to Melbourne’s west. Demand is driven by young professional families seeking modern housing, supported by strong population growth and established community infrastructure. House prices show steady, moderate growth with a balanced market, while units present a more dynamic, higher-yield segment. Future growth is anchored in continued demographic expansion, though the market shows signs of price sensitivity and a slight supply-demand imbalance that warrants monitoring.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
350m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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