7 Amelie Parade, Tarneit VIC 3029
7 Amelie Parade, Tarneit VIC 3029
Family-sized house on 375m² | dual living zones | established gardens | solar and modern finishes | strong rental appeal in Tarneit
This is a competitively configured family house, sitting on a 375m² block that is slightly larger than much of the newer stock in the immediate estate. The dual living zones are a genuine advantage for households wanting separation between parents and kids, or a dedicated home office. The separate formal lounge, ducted heating, evaporative cooling, and solar panels make it a practical, low-running-cost option for owner-occupiers, while the established landscaping adds a settled feel that newer builds often lack. The security door and LED downlights round out a package that is well suited to a growing family or an investor targeting the reliable rental demand in this pocket of Tarneit.
The 375m² land size is workable but not oversized, so the value sits mostly in the house itself rather than land banking potential. The modern finishes and layout are the main price drivers here, but the absence of any premium aspect or standout architectural feature means it will compete on condition and presentation rather than uniqueness. Buyers should weigh the strength of the dual living configuration against the fact that similar family houses in the area trade across a fairly wide band, and the final price will hinge on how well the gardens and interiors present at inspection. Rental demand for detached houses is clearly stronger than for smaller units nearby, which supports both owner-occupier and investor interest.
|| Comparable Sales: nearby family houses sold between $599,000 and $750,000, with a 312m² lot on the same street and a titled 392m² block in the estate | Property Price Band: $650,000–$750,000 | Value Drivers: dual living layout, land size relative to newer stock, condition and presentation of gardens and interiors
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Amelie Parade, Tarneit VIC 3029
Checks found:
Value Risk
Liquidity Risk
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: nearby family houses sold between $599,000 and $750,000, with a 312m² lot on the same street and a titled 392m² block in the estate | Property Price Band: $650,000–$750,000 | Value Drivers: dual living layout, land size relative to newer stock, condition and presentation of gardens and interiors
Bedrooms
4
Bathroom
2
Parking
2
Land
375m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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