Dual Occupancy SMSF
For Sale

Dual Key (3+1) in Tarneit, VIC

Tarneit · VIC · 3029
3+1Bed
2+1Bath
2+0Car
$912,500
Total Weekly
$820
across 2 streams
Total Annual
$42,640
projected gross income
Income Streams
2
House · Unit
The location

Where it sits.

Tarneit · 3029, VIC
About this investment

A closer look.

Dual occupancy in Tarneit delivering $820 per week across a growth corridor forecast to add 55,000 residents by 2041. V/Line connectivity, emerging infrastructure, and strong young-family rental demand position this for both income and long-term capital appreciation in Melbourne's western expansion zone.

Key highlights

  • $42,640 annual income from established long-term tenancy
  • Tarneit-North grew 115.5% since 2021 census, now ABS top-10 fastest-growing
  • 31-40 minute V/Line express to Melbourne CBD via Tarneit Station
  • West Tarneit Station opening 2026 adds transport capacity and liveability
  • 4.91% unit rental yield outperforms inner Melbourne by 150+ basis points

Why this investment works

Rental demand from household-forming cohort

47% of Tarneit households are families with children, median age 30, driving persistent undersupply relative to inflow. Units achieve 4.91% yields as young families rent while saving for first homes.

V/Line connectivity locks in commuter base

Tarneit Station is Victoria's second-busiest regional rail hub. Express trains to CBD in 31-40 minutes anchor 77,300 residents with limited local employment, ensuring rental stability for 30+ year hold periods.

Government infrastructure commitment backs growth

State and local investment includes $80m+ Connecting Wyndham roads program, West Tarneit Station (2026), $236m Werribee Hospital ED expansion, and new schools opening annually. Infrastructure lag is friction, not abandonment.

SMSF-friendly affordability and entry point

Median house $666,200 remains accessible for self-managed superannuation fund acquisitions. Unit segment (median $479,000) offers entry-level capital base with stronger recent growth (+5.04% annually vs. 2.49% houses).

Property features 38 inclusions
  • 900mm appliances
  • 20mm stone benchtops
  • 2590 ground floor ceilings
  • 900mm electric stainless-steel oven
  • 900mm electric ceramic cooktop
  • 900mm concealed stainless steel rangehood
  • 600mm freestanding under bench stainless steel dishwasher
  • 600mm electric stainless-steel oven
  • 300mm dual electric ceramic cooktop
  • 600mm concealed stainless steel rangehood
  • 20mm engineered stone benchtops with square edge
  • Laminate cabinet doors, drawers & kickboards
  • Melamine modular cabinets
  • Chrome handles
  • Ceramic wall tiles to bathroom/s, ensuite/s, powder room, kitchen and laundry splashbacks
  • Ceramic floor tile to wet areas
  • Carpet to bedrooms & lounge
  • Laminate timber look flooring to entry, hallways, living 1, living 2, dining, kitchen 1 and kitchen 2
  • Water based acrylic paint to all walls & ceilings
  • Insulation to all external walls & ceilings
  • Walk in robe to master bedroom
  • Robes to all bedrooms including mirror sliding doors
  • 2 x 170L All-In-One Electric heat pumps
  • Wall hung heating panels to all bedrooms
  • 1 x Split system air-conditioning unit located to living 1 and living 2
  • PV System to meet energy rating requirements
  • White LED downlights throughout home
  • Block out roller blinds with chain winder to all windows and external doors
  • Coloured concrete driveway & path/s
  • Irrigated Turf to front & rear garden
  • Boundary fencing in accordance with Estate Requirements
  • Sectional Colorbond garage door with 2 remote controls
  • Concrete roof tiles
  • Colorbond fascia, guttering and downpipes
  • Feature Aluminium Windows to front façade
  • Feature Front Entry Door
  • Face brickwork with rolled joints
  • Acrylic rendered features to front facade
The layout

Floor plan.

1 plan

Get in touch.

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