Today's VIC suburb profile is going to be on Tarneit, a suburb that has been getting a lot of attention in the property investor community.
Known for its family-friendly community feel, Tarneit is growing significantly and provides good residential living with a large range of convenient amenities and facilities and infrastructure. Being less than 30km from Melbourne's CBD, it offers great value for investors, however one factor to keep in mind is the relatively high rental vacancy rates.
We've summarised key suburb analytics for Tarneit below for your consideration. Want these great suburb analysis tools at your fingertips for over 15,000 suburbs in Australia? Register to our Professional plan now here for $49 per month - https://www.propertydirector.com.au/choose-plan.
Median Price / Capital Growth - $650,000, has seen 4.3% annual compound growth in the last 10 years.
Rental Yield - 4.1%
Population - 56,375
Vacancy Rate - 4.21%
Vendor Discount Rate - -0.27%
