Why Invest at Verdant Hill
Perfectly positioned in the heart of one of Victoria’s most impressive growth areas for population, commerce, retail and industry, and with its open spaces, generous blocks and convenient location, Verdant Hill is the ideal address for smart investors looking to attract quality tenants and healthy returns.
With its affordable house and land prices, its strong rental yields and potential for growth – especially sitting so close to new and planned commercial and business precincts – the investment appeal of Verdant Hill is more than just numbers… it’s smart thinking, for today and for the future.
House Prices
MEDIAN SALE PRICE
TARNEIT $570,000 3 BEDROOM $670,000 4 BEDROOM
TARNEIT $570,000 3 BEDROOM $670,000 4 BEDROOM
MEDIAN SALE PRICE
MELBOURNE $815,000 3 BEDROOM $970,000 4 BEDROOM
MELBOURNE $815,000 3 BEDROOM $970,000 4 BEDROOM
Source: REIV Market Insights Median data (Q4 2023)
Tarneit Median House Price Growth
(past 5 years)
$430k
Q2 2016
$605k
Q2 2021
41%
CHANGE 2016 - 2021
Source: REIV Market Insights for 2016 Q2 vs 2021 Q2
Median Price in Surrounding Suburbs
Tarneit
$652,500
Truganina
$650,000
Hoppers Crossing
$617,500
Williams Landing
$810,000
Caroline Springs
$725,000
Deer Park
$647,500
Source: Pricefinder
Rental Yield
4.0%
GROSS RENTAL YIELD
TARNEIT
TARNEIT
3.1%
GROSS RENTAL YIELD
MELBOURNE
MELBOURNE
Source: REIV Market Insights Median data (Q4 2023)
Median Rent
27%
Rented – Privately
$450pw
3 BEDROOM
$500pw
4 BEDROOM
Source: REIV Market Insights Median data (Q4 2023)
Rental Yield
56,370
TARNEIT POPULATION 2021
132,792
FORECAST POPULATION BY 2041
136%
CHANGE 2021 - 2041
Source: City Of Wyndham.id (2023)
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