11 Samaria Street, Tarneit VIC 3029
11 Samaria Street, Tarneit VIC 3029
Land parcel in new estate belt | titled or near-titled stock | rail and retail within reach | no overlay flags indicated | suited to first-home buyers
This property is best understood as a titled or near-titled land lot within Tarneit’s newer estate belt, where detached family housing is the established norm. A clean, buildable footprint is offered in a growth corridor that continues to attract first-home buyers and small-scale investors. A straightforward planning context is indicated by the absence of overlay flags, which is a genuine advantage for anyone wanting certainty before committing to construction. Rail, retail, medical, and schooling are placed close enough to support daily family life, making it a practical choice for a house-and-land decision rather than a speculative holding.
Value may be shaped by the exact land dimensions and how well they suit a double-garage family home. Title readiness and site-specific planning conditions might also influence the final price. New-estate supply in the corridor could temper short-term growth, so a close review of orientation and council requirements is recommended.
>> Comparable Sales: 11 Maber Street land sold $355,000; 25 Samaria Street sold $385,000 | Property Price Band: $300K-$400K | Value Drivers: land size, title readiness, estate location
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Samaria Street, Tarneit VIC 3029
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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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
Bedrooms
4
Bathroom
2
Parking
2
Land
300m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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