38 Foliage Drive, Tarneit VIC 3029
38 Foliage Drive, Tarneit VIC 3029
4 bedrooms, 3 bathrooms, 2 living zones across a 400m² lot. A modern detached house in a prime Tarneit estate location, recently constructed with an open-plan layout.
This property is competitively strong for its configuration, offering three bathrooms in a standard four-bedroom estate home, which is uncommon in this segment and adds genuine family convenience. Its positioning near Tarneit Station and local shopping centres makes it a practical choice for commuters and growing families who prioritise accessibility over land size. The house serves best as a turnkey home for first-home buyers or young families entering the estate market, where modern finishes and low-maintenance living are valued over expansive outdoor space.
The 400m² lot may limit appeal for buyers seeking larger gardens or privacy, as this is a standard density block in a high-growth estate. The estimated value around $769,000 aligns with recent market activity for similar configurations, though a prior sale figure of $397,900 appears inconsistent and might reflect a data error or partial transaction. Buyers should consider how ongoing estate development in Tarneit could influence future supply and demand, potentially affecting price stability over the medium term.
Detailed Independent Property Report prepared by PropCred Analyst team for 38 Foliage Drive, Tarneit VIC 3029
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
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
3
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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