4 Chive Walk, Tarneit VIC 3029

4 Chive Walk, Tarneit VIC 3029
Modern 3/2/2 townhouse | Parkland-adjacent pocket | School-rich growth area | Investor-friendly low maintenance | Compact but efficient layout This townhouse sits in a modern, parkland-adjacent pocket of Tarneit, where attached dwellings dominate and low-maintenance living is the norm. The configuration is practical for small families or investors: three bedrooms, two bathrooms, double garage, with a compact footprint that keeps upkeep light. Its strength lies in the combination of contemporary finishes, proximity to good local schools, and easy access to transport and freeway connections. That mix typically attracts first-home buyers, young families, and investors seeking dependable rental demand. The street itself is quiet and estate-like, with an outlook that can include open space, adding a layer of appeal beyond the standard internal-court townhouse. What may materially affect value is the compact land area, which limits future expansion and private outdoor space. The precise aspect and orientation of this particular townhouse might influence comfort and light, while the quality of presentation and any upgrades versus comparable stock could shift buyer perception. As Tarneit continues to release new housing, competition from fresh inventory may place a ceiling on price growth for older modern townhouses, though well-maintained examples with a parkland aspect tend to hold their ground.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4 Chive Walk, Tarneit VIC 3029
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Tarneit, 25km southwest of Melbourne, is a high-growth family corridor, with population up 63.1% since 2016 to 56,370. Demand is led by couples with children and professionals aged 30–39; 66.6% of homes are owner-occupied. House medians range $665,000–$675,000, showing modest annual growth of 2.4–3.1%, while units sit around $437,000–$479,000 with mixed annual moves. Houses sell in roughly 49–52 days, with 1,786–1,921 sales over the past year—indicating liquid turnover. Future drivers include modern estates, 50 parks, and established family infrastructure. Key constraints: affordability pressures from high mortgage repayments, below-state auction clearance at 55.7% versus metro 77.8%, and longer days on market than the metro average.
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PropCred Estimated Value

Comparable Sales: 18 Chive Walk sold $469k in 2019 | Listed Price Band: $500k-$600k | Value Indicator: condition, layout, outlook

Bedrooms

3

Bathroom

2

Parking

2

Land

1.9 ha

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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