26 Samantha Court, Tarneit VIC 3029
26 Samantha Court, Tarneit VIC 3029
3-bed with ensuite & WIR | compact 357m² lot | modern open-plan living | in-demand school zones | currently tenanted at $500pw
This house presents a competitively strong offering within the entry-level market, serving first-home buyers or investors seeking established tenancy. Its configuration-master suite with ensuite and walk-in robe, modern open-plan living, and placement within the catchment of Davis Creek Primary and The Grange P-12 College-delivers a complete, move-in ready package that aligns precisely with core rental and owner-occupier demand in Tarneit. The current tenancy at $500 per week demonstrates immediate income viability.
Proceed with due diligence on the land size discrepancy noted between sources-357m² versus 957m²-as this variance materially impacts land value and future development potential. The absence of recent comparable sales data locally necessitates a conservative valuation approach; rely on a formal valuation to anchor your offer within the estimated $520k-$700k range. This property is best held as a long-term rental, leveraging its stable yield and school-zone appeal to mitigate its exposure to a saturated market of similar stock.
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.