24 Laurence Way, Tarneit VIC 3029

24 Laurence Way, Tarneit VIC 3029
Compact family house | 3-bed ensuite layout | Efficient 167mยฒ floorplan | Double garage with driveway | Smaller 316mยฒ block This property presents a well-configured family house on an efficient footprint, where the 167mยฒ floor area is thoughtfully arranged to include both an ensuite and an extra guest toiletโ€”features that add genuine convenience for a growing household. The double garage with additional driveway parking is a practical advantage in a car-dependent suburb, and the 3-bedroom, 2-bathroom format aligns closely with what first-home buyers and young families in Tarneit are seeking. The house sits on a 316mยฒ block that is on the compact side for the area, which keeps the property more accessible in price while still offering detached living. The smaller block size may limit future extension opportunities and positions this property below the typical landholding for nearby family homes. Buyers should weigh whether the efficient layout and parking capacity compensate for the reduced outdoor space, as this factor could affect resale appeal when compared to larger lots in the same street. The property’s value is likely to be most sensitive to how the internal configuration and parking provision meet the expectations of the dominant family buyer profile in this growth corridor.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 24 Laurence Way, Tarneit VIC 3029
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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

3

Bathroom

2

Parking

2

Land

316mยฒ

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