40 Urquhart Road, Tarneit VIC 3029

40 Urquhart Road, Tarneit VIC 3029
Compact 4x2x2 house | Dual living areas | FTTP NBN | Estate-style Tarneit | No overlay constraints Positioned as a compact four-bedroom family house in a newer Tarneit estate, this property is offered with a practical dual-living floorplan and two separate living areas. A 313 square metre allotment is considered low-maintenance, which suits first-home buyers and investors. Reliable digital connectivity is provided by FTTP NBN, and no major environmental or heritage constraints are recorded. Its configuration and estate-style setting are best suited to owner-occupiers seeking modern conveniences without the upkeep of a larger block. Value may be influenced by the modest land size, which limits extension potential and outdoor space. Continued infrastructure buildout around transport, retail, and schools might support future demand. Rental activity for this house type appears steady, but price depends on consistent buyer interest in compact family housing. Buyers should weigh the modern layout against the small lot when assessing price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 40 Urquhart Road, Tarneit VIC 3029
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✓
Execution Risk ✓
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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

Comparable Sales: 30 Urquhart Road sold for $640,500 | Property Price Band: $650k–$750k | Value Drivers: land size, dual-living layout, estate location

Bedrooms

4

Bathroom

2

Parking

2

Land

313m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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