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The Grove Estate

Tarneit, Victoria, Australia, Tarneit VIC

3 lots · 1× 3 bed · 1× 4 bed · 1× 5 bed

Land here
$178k – $412k
land component, per lot
Suburb land median
$345k
VGV Tarneit · 2024
vs suburb median
-48.4%
below median — better land value
Suburb land growth
+65% (9yr)
+5.7%/yr compound · VGV 2015–2024
New build vs established · May 2026 budgetNew build ahead by $94k after-tax at 10 yrsOpen the calculator ↗
Standard assumptions (VIC · 37% bracket · 20% deposit · 6.5% interest · 4.2% yield · 7% growth · 10-yr hold). Negative gearing is new-build only post-budget; run the client's own numbers in the calculator.
Price range
$600k – $840k
Gross yield
3.3%
suburb median rent $380/wk ÷ entry price
Title timing
Q3 2027
2 titled now · first titles Q3 2027
Contract
Two-part ×1 · One-part ×1
two-part = stamp duty on land only
Move Intelligence
No angle tags for this estate
Land value vs Valuer-General Tarneit vacant-land median · gross yield only (no modelled costs)
Lots in this estate3 lots
Lot 7770Best build$710k
Grandview 160
4 bed · 2 bath · 2 carTitle TitledLand 294m² · Build 160.32m²$2,059/m² build—
Lot 1427Best land$840k
Lincoln 20 Co-Living - 1B
5 bed · 5 bath · 2 carTitle TitledLand 350m² · Build 177.28m²$2,431/m² buildone-part
Lot 2635$600k
Simpson 181
3 bed · 2 bath · 2 carTitle Q3 2027Land 111m² · Build 168.5m²$2,477/m² buildtwo-part
Tap a column to sort. Land/build $ split & land $/m² shown in the estate summary above (near-constant across these lots).

Suburb intelligence

Tarneit house median $670k

Quarter

▼ 1.0%

Year

▲ 3.1%

Gross yield4.1%
Median rent$530/wk
Clearance51%Metro 69%
Days on market50Metro 42
By bedroom2bd $445k · $432.5/wk3bd $580k · $490/wk4bd $690k · $550/wk

5-year trajectory · TARNEIT houses

REIV · 2021 Q1 → 2026 Q1

202120232025
TARNEIT$675kMetro Melbourne$992k

REIV, Outer Melbourne · Mar-26 quarter

Who lives here

Population

56,370

Median age

30

VIC: 38

Household income

$2,103/wk

19% above VIC state median

Labour force

69.6%

VIC: 62.4% · +7 pts

Forecast to grow +135.7% by 2046 (~3.49%/yr) — population 57,511 → 135,534. ~27,461 new dwellings are forecast over the same period — strong demand and amenity, but also future resale supply to weigh. .id forecast · City of Wyndham

Age profile: families with young children

TarneitVictoria
0-14
29%
15-24
12%
25-34
20%
35-44
22%
45-54
9%
55-64
5%
65+
4%

Housing stock

Owner-occupied67%

Households

Couple families with children66%
Family households86%

Mortgage health

VIC state median$0

The location

Nearest school

0 m

New Tarneit railway station (under construction)

Full retail

988 m

Woolworths

Melbourne by train

0 m

New Tarneit railway station (under construction)

Pins show verified amenities and employment anchors. Distances in the tables below.

Schools & childcare
Tarneit Rise Primary School200 m
St John the Apostle Primary School400 m
Tarneit P-9 College1.4 km
Chemist Warehouse1.0 km
Emergency Departments Expansion Program – Casey Hospital and Werribee Mercy Hospital (Casey) (under construction)7.3 km
Retail & services
Woolworths1.0 km
Aldi1.0 km
Tarneit Gardens Shopping Centre1.0 km
Transport
West Tarneit station1.0 km
Tarneit station2.7 km
New Tarneit railway station (under construction)0 m

What's nearby

Train

West Tarneit · 1 km

2 stations within 5 km

Major projects

  • New Tarneit railway station · 0 km (under construction)
  • Emergency Departments Expansion Program – Casey Hospital and Werribee Mercy Hospital (Casey) · 7.3 km (under construction)

Schools

17 within 3 km

Nearest: Tarneit Rise Primary School · 0.2 km

Distances as the crow flies. Stations & schools: OpenStreetMap · Major projects: Victoria's Big Build.