5 Roxborough Street, Tarneit VIC 3029
5 Roxborough Street, Tarneit VIC 3029
Near-new 4/2/2 with builder warranty | upgraded finish | family-growth corridor | strong rental profile | fresh to market
This is a near-new four-bedroom family house positioned in the strongest-selling segment of Tarneit’s current market. The four-bedroom, two-bathroom, double-garage configuration is what most family buyers are looking for, and with the builder’s warranty still active, a layer of risk carried by older stock is removed. The property sits in the newer estate corridor of Tarneit, where housing is contemporary and buyers include first-home buyers, young families and investors. For a buyer wanting a finished house with upgrades already in place, the delays of off-the-plan purchasing are avoided. Premium upgrades have been noted in the listing, suggesting presentation has been given attention beyond the standard builder finish.
Value may be influenced by how much land is attached to the house and whether title details such as easements or overlays affect the lot. The property was last sold in 2022, so price expectations may have moved since then, but high stock levels in the area might limit how far price can run. Strong rental demand may support the price if the buyer is an investor. Floor area, land dimensions and council restrictions should be verified before a final view is formed.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Roxborough Street, Tarneit VIC 3029
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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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: 26 Hackamore Street sold $625,000; 23 Rumbee Crescent sold $750,000 | Property Price Band: $600K-$700K | Value Drivers: warranty-backed condition, premium finish, standard 4/2/2 layout
Bedrooms
4
Bathroom
2
Parking
2
Land
294m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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