13 Corfu Avenue, Tarneit VIC 3029
13 Corfu Avenue, Tarneit VIC 3029
4 bed 2 bath family house | 400sqm lot in Tarneit | Single-storey with open-plan living | Sold 2015 for $355k
This property is a textbook example of what the Tarneit family market expects. The four-bedroom, two-bathroom configuration with two car spaces on a 400-square-metre lot is the standard for modern estate living in this suburb, which means it will appeal directly to the largest buyer pool. The single-storey layout with an open-plan living, dining, and kitchen area is practical for families with young children or older buyers who prefer to avoid stairs. The inclusion of a master bedroom with an ensuite and walk-in robe, plus split-system cooling and a dishwasher, means the house was finished to a reasonable standard for its era. A buyer looking for a straightforward, low-risk family home in a planned residential estate will find this property fits the brief without surprises.
The 2015 sale price of $355,000 is now historical context only, and the market has moved significantly since then. What may affect value today is the lack of confirmed school catchment information, which can narrow the buyer pool if the local schools are not highly regarded. The 400-square-metre lot is functional but not generous, so there is limited scope for future subdivision or significant extension. The absence of any mention of heating, double garage, or outdoor entertaining areas may indicate these are absent or basic, which could be a point of negotiation. A buyer should verify the building age and check for any structural or compliance issues common to homes of that construction period before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Corfu Avenue, Tarneit VIC 3029
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
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
400m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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