108 Lansdowne Parade, Tarneit VIC 3029
108 Lansdowne Parade, Tarneit VIC 3029
4-bed family home | 511m² block | study + multiple living zones | Tarneit growth corridor
This property presents a compelling proposition for a family seeking a modern, turn-key home with genuine spatial advantage. The dedicated study and multiple living zones are rare at this price point in Tarneit, offering functional separation that many newer builds lack. Positioned on a full 511m² allotment with an alfresco area, it competes well against smaller townhouse developments dominating the suburb. The 3% suburb growth rate and 69% owner-occupier rate suggest stable, family-oriented demand, making this house suitable for owner-occupiers prioritising space and immediate livability over speculative gain.
The primary risk is pricing: the asking range sits notably above the estimated $790,000 value, and the property has been listed since mid-May without selling, indicating possible overhang or a mismatch with current market expectations. A buyer should approach with caution, using the extended listing time as leverage for negotiation. The 2016 last sale date means no recent transaction data to anchor value, and the 3.9% rental yield is modest for an investment play. Opportunity lies in securing a discount toward the lower end of the range, where the house’s study and layout become a clear edge over comparable stock.
Detailed Independent Property Report prepared by PropCred Analyst team for 108 Lansdowne Parade, Tarneit VIC 3029
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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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
512m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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