68 Verday Boulevard, Tarneit VIC 3029
68 Verday Boulevard, Tarneit VIC 3029
473m² lot | New estate family market | Good school proximity | Growth corridor amenity | No overlay risk
This property offers a larger-than-standard allotment within a new estate, giving buyers the rare freedom to build a substantial family home without the narrow-lot compromises typical of much of Tarneit’s recent supply. It sits in a high-demand, growth-stage corridor where new housing stock and young families dominate, and the clean zoning with no overlay restrictions simplifies the building process. The property is best suited to owner-occupiers seeking modern suburban living, good school access, and a price point that remains below established middle-ring alternatives.
The property’s eventual value may be influenced by the pace of estate maturation, as ongoing construction could create temporary disruption while delivering long-term amenity. The chosen build specification might materially alter the final outcome, with higher-grade finishes potentially exceeding the value of standard turnkey alternatives. Buyers should weigh the timing of surrounding development and how quickly local infrastructure, including town-centre projects, might firm up demand in the corridor.
>> Comparable Sales: 34 Verday Boulevard $527,500; 26 Hackamore Street $625,000 | Property Price Band: $700K-$800K | Value Drivers: larger land size, estate position, no overlay constraints
Detailed Independent Property Report prepared by PropCred Analyst team for 68 Verday Boulevard, Tarneit VIC 3029
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
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
Bedrooms
4
Bathroom
3
Parking
2
Land
350m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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