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Tarneit Real Estate

Tarneit real estate

65% of homes in Tarneit had four or more bedrooms at the 2021 Census, against 33% across Victoria. Separate houses made up 90% of its occupied homes.

  • House 90
  • Townhouse or terrace 10
  • Flat or apartment fewer than 1
  • Owned outright 10
  • Mortgaged 57
  • Rented 29
  • Other or not stated 4
Homes in Tarneit as a street of 100, from the census count of households by kind of home and tenure.
Median rent$380 a weekVIC $370
Median mortgage repayment$1,950 a monthVIC $1,859
Median household income$2,103 a weekVIC $1,759

A suburb of houses with four bedrooms or more

Small homes are scarcer in Tarneit than across the state. 5% have two bedrooms or fewer, below 25% across Victoria, and 28% have three, below the state's 42%, while 65% have four or more. Separate houses make up 90% of occupied homes, above the 73% statewide.

Fewer than 1% of occupied homes are flats or apartments, below 12% across the state, and 10% are townhouses, terraces or semi-detached houses, below 14%. On Census night, 6% of private dwellings were unoccupied, below the 11% recorded statewide.

Victoria, the same way: 73 houses, 12 flats, 29 rented.

Paying off, rather than owned outright

Outright ownership is uncommon in Tarneit: 10% of households own their home with no mortgage, below 32% across Victoria. Meanwhile 57% of households are paying off a mortgage, against 36% statewide, and the median repayment is $1,950 a month, above the state's $1,859. The figures suggest a home loan is a more usual part of household life here than across the state.

Renting sits level with the state, at 29% of households in both. Among renting households, 86% rent from a landlord the ABS records as a real estate agent, above 73% across Victoria. The median rent is $380 a week, above $370, and median household income is $2,103 a week, above the state's $1,759.

Worked out on this page from those two medians, the median weekly rent equals 18% of the median weekly income of all households in Tarneit, renters or not. The same comparison gives 21% across Victoria, placing Tarneit below the state on this measure even though its median rent sits above Victoria's.

A younger population, and a smaller share at the same address

Of people aged five and over in Tarneit, 37% lived at the same address five years earlier, below 54% across Victoria. At the 2021 Census, 56,370 people lived in the suburb of Tarneit. The median age was 30 years, below 38 across Victoria, which suggests a younger population. An average household holds 3.4 people, above the state's 2.5, which suggests more people sharing each home than is usual across Victoria.