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About this property
Inspections are by appointment only. Built in Dec 2021 and positioned in the sought-after Grand Central Estate, this well-designed 3-bedroom, 2-bathroom home presents an outstanding opportunity for both investors and owner-occupiers alike. Currently leased at $2,260 per month ($27,120 per annum approx.), the property offers an attractive gross rental yield of around 5.17 - 5.53% (approx.) at the expected price range - delivering immediate cash flow from day one. With a month-by-month tenancy in place, buyers have flexibility: Continue renting and enjoy steady income Or move in with flexibility after settlement Inside, the home features a practical and private floorplan. The master bedroom is positioned at the front with walk-in robe and ensuite, while two additional bedrooms are serviced by a central bathroom and separate WC - ideal for family functionality. The light-filled open-plan kitchen, dining and living area flows seamlessly to a private backyard with patio space. The modern kitchen includes stone benchtops, stainless steel appliances, gas cooking and ample storage. A valuable addition is the remote double garage, offering secure parking and storage - a rare advantage in this price bracket. Property Highlights: 3 bedrooms, master with WIR & ensuite Central bathroom + separate toilet Stone benchtop kitchen with stainless steel appliances Ducted heating throughout Open-plan living & dining Private low-maintenance backyard Remote double garage Land Size: 240sqm, Building Size: Total 142.66 sqm (15.36 sqrs) Currently returning $27,120 p.a. approx. Located close to Riverdale Shopping Centre, schools, parks, childcare and public transport, this is a high-demand rental pocket within Tarneit's growing corridor. Whether you are building your portfolio or securing your first home with flexibility, this property delivers value, yield and lifestyle in one smart package. Contact us today to arrange an inspection.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 240 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Tarneit
This 3-bedroom house in Tarneit, VIC 3029 sits within reach of public transport, local shops and nearby schools.
Schools near Tarneit
- Al-Taqwa College - Olive Branch Annexecombined
- Baden Powell P-9 College-Tarneit Campuscombined
- Good News Lutheran Collegecombined · Prep-12 · CoEd
- Islamic College Of Melbournecombined · Prep-12 · CoEd
- St Mary's College for the Deaf - Tarneit Campuscombined
- Tarneit P-9 Collegecombined · Prep-9 · CoEd
What's nearby
- Isabella Way/Moorookyle Avenue (bus) — 1.5 km away
- Coles — 1.3 km away
- Yanga Avenue Park — 1.6 km away
- Edmund Drive Park — 1.7 km away
- Unnamed — 2.0 km away
Tarneit at a glance
Full suburb profile- Population
- 56,370
- Median age
- 30
- Household income
- $2,103/wk
- Median rent
- $380/wk
- Median mortgage
- $1,950/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Tarneit price trend
Median sold · House 3 bed
Compound growth +2.1% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Tarneit marketSide-by-side analysis
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