Tarneit

The Melbourne-based property development and investment group,&nbsp;SIG Group, has acquired a second site in Tarneit, in Wyndham&#39;s booming growth corridor.

The 162 hectare site will see another 2,300 lots added to SIG Group&#39;s pipeline in the area.

Located within the Oakbank PSP, the site will offer land and townhomes, with premium lots fronting parks and the riverfront.

Located a stone&rsquo;s throw from the new $150 million Wyndham City Stadium, set to be a major activity centre for Melbourne&rsquo;s west, the estate will also benefit from the proposed Sayers Road train station, with the State Government set to fast-track construction to service the future stadium and growing suburb.

Director at SIG Group Hugh Lu said the new project will provide an unrivalled offering in regards to amenities and green open spaces, with the Werribee River running along the site&rsquo;s western edge.

&ldquo;Future residents will have access to state-of-the-art amenities, right on their doorstep, while immersing themselves in nature via purpose-built wetlands and river frontages.

&ldquo;The future Sayers Road train station means residents will be highly connected to Melbourne&rsquo;s CBD, while being walking distance to the major activity centre of the Wyndham City Stadium.&rdquo;

The acquisition signals the second Tarneit site for SIG, following the acquisition of a 56-hectare site on Derrimut Road earlier this year.

Known as Harlow, the master-planned community will dedicate over 10-hectares to a future sports reserve, waterways and wetlands, and to create a local park.

With just under 30-hectares of developable area, Harlow is expected to comprise around 600 lots and will offer land, as well as premium medium density townhouses, including premium homes with direct frontage to waterways and parkland.

Over 12-hectares will be retained by Al-Taqwa College to develop a new campus, while the Islamic-schools&rsquo; Truganina campus is just a short drive away. A government primary school is also earmarked for the site and a future community facility.

&ldquo;Tarneit is a rapidly expanding suburb, with the population forecast to grow exponentially over the next 20 years, these two sites collectively will cater to this population boom,&rdquo; Lu added.

According to the ABS, the population of Tarneit is forecast to increase by 229.5 per cent between 2018 and 2041, with the number of people living in Tarneit increasing to 115,763 within 20 years time.

Located within the Oakbank PSP, the site will offer land and townhomes, with premium lots fronting parks and the riverfront.

Joel Robinson

SIG Group secures Tarneit land and townhome site, plans 2,300 lots

Only a quarter of the 26 townhouses on offer in the Tarniet townhouse development, Onyx Estate, are left to sell.

Set for completion in late 2022, the&nbsp;Heiyu Groups, Times Fund development comprises a series of two and three-bedroom townhomes in an established part of Tarneit, west of Melbourne.

The contemporary double-storey townhouses are located in an established area&nbsp;of Tarneit, a 35 minute drive from the Melbourne CBD.

[smartcode_project:default project_id=108728 project_image_fid=179572]

3 Onyx Way is within a stroll of the local shopping strips and less than five&nbsp;minutes from a number of schools, including&nbsp;Tarneit Rise Primary School and Tarneit P-9 College.

It is a short drive to private schools like Good News Lutheran College &amp; Westbourne Grammar School.

There are multiple bus stops and the Tarneit&nbsp;train station close by.

[smartcode_project:default project_id=108728 project_image_fid=179573]

Also within walking distance are lush&nbsp;parklands, a hallmark of the area&nbsp;with parks, as well as walking&nbsp;and bicycle trails.

Prices start from $480,000 for the two-bedroom townhouses.

[smartcode_project_cta: project_id=108728]

The contemporary double-storey townhouses are located in an established area of Tarneit, a 35 minute drive from the Melbourne CBD

jordan_55689

Onyx Estate townhouses in Tarneit 75% sold

Satterley has added to its Melbourne house and land development pipeline with a permit-ready Tarneit site with sales underway.

The 45.9 hectare new masterplanned community was bought from New Sky Group in March.

Stage one has already been sold when marketed as Bluestone with stage two lots currently being offered ranging from 212sqm to 512sqm.

Stage four pricing has been advised such as lot 418 Equestrian Street, a 448sqm holding with 14m frontage and 32m depth price at $407,000.

The 800 Derrimut Road holding cost $54,688,888.

&nbsp;With more than 40 years of experience, Satterley is Australia&rsquo;s largest private residential developer.

New Sky had paid $33m in 2016 before obtaining a permit for a 417-lot subdivision.

New Sky sold another 38 hectare Tarneit holding for $50 million to Stockland.

New Sky Group sold the 45.9 hectare holding 24kms from the Melbourne CBD

jchancellor-FAypfDUnLy

Satterley buys permit-ready Tarneit house and land estate site

<html><body>Stockland has added to its residential pipeline with a western Melbourne site.

It has purchased the undeveloped portion of the Grand Central community at Tarneit in Melbourne.

The acquisition within the western growth corridor – 33 kilometres west of Melbourne’s CBD – cost around $50 million.

The 38 hectare site will see Stockland create 493 new homes within the existing community.

Stockland will commence development, marketing and sales following settlement.

“This acquisition enables us to extend our strong brand presence in Melbourne’s western growth area which accounts for more than one third of all Melbourne’s land sales and saw sales double in the 12 months to December 2020," Stockland’s general manager of residential for Victoria, Mike Davis said.

Stockland has over $2.7 billion invested in Victoria delivering some of the State’s most affordable communities, including Highlands in Craigieburn and Mount Atkinson and Grandview in Truganina.

“This acquisition enables us to extend our strong brand presence in Melbourne’s western growth area which accounts for more than one third of all Melbourne’s land sales and saw sales double in the 12 months to December 2020," he said.

There is a range of future amenity planned around the community as part of the Victorian Planning Authority’s Riverdale Precinct Structure Plan, including the Riverdale railway station, a major town centre and a regional indoor recreation facility.

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It has purchased the undeveloped portion of the Grand Central community at Tarneit

jchancellor

Stockland adds western Melbourne Tarneit site to its residential pipeline

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Bordered by both the Davis Creek and Werribee River waterways, The Grove Estate is set in a picturesque community setting, surrounded by nature, setting the new standard for location, choice and services in the highly sought after Tarneit. Tarneit is the heart of Melbourne's fastest growing Western corridor, where a modern and family-friendly lifestyle by the river is waiting for you.

<figure><a href="https://www.urban.com.au/house-and-land/the-grove-estate-180-davis-road-tarneit"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-grove-estate-180-davis-road-tarneit-4dab7c011418cb2f29cad99fabef7af9.jpg?itok=QpQ0UajA" style="width: 580px; height: 326px;"></a></figure>Offering a natural and relaxed atmosphere, the community is located just moments from the future Tarneit train station and will create services direct to Melbourne's CBD, about 31 kilometres away. Convenience comes first at The Grove, with leading schools, growing town centres and shopping precincts and highly walkable parkland and wetland areas, perfect for relaxing or entertaining family and friends over a BBQ.

<figure><a href="https://www.urban.com.au/house-and-land/the-grove-estate-180-davis-road-tarneit"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-grove-estate-180-davis-road-tarneit-2177e2708f3a3c1f47be261f2765df6b.jpg?itok=rwRAFwPt" style="width: 580px; height: 415px;"></a></figure>The three and four-bedroom homes on offer at The Grove Estate include:

<ul>
<li>20mm stone benchtops to all wet areas</li>
	<li>Laminate timber flooring</li>
	<li>European stainless steel appliances</li>
	<li>LED downlights throughout</li>
	<li>Air conditioner to living area &amp; master bedroom</li>
	<li>Remote controlled panel lift garage door</li>
	<li>Front &amp; rear landscaping</li>
	<li>Letterbox, clothesline, antenna</li>
</ul>
<figure><a href="https://www.urban.com.au/house-and-land/the-grove-estate-180-davis-road-tarneit"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-grove-estate-180-davis-road-tarneit-5a5fdc6ecd1401b5fbd416787861ac94.jpg?itok=greLZem7" style="width: 580px; height: 326px;"></a></figure>With distinct neighbourhoods, a range of lots for all budgets, and an already well-established community. Discover life by the river soon.
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urban.com.au

Tarneit -  Discover life by the river at The Grove Estate

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New land estates within the Melbourne suburbs of Tarneit, Truganina, Wyndham Vale, Williams Landing and Werribee provide an affordable option for first home buyers, according to HTW’s Month in Review: March 2017. 
The valuation firm says the median house sale price in January 2017 was $480,000 in Tarneit, $492,000 in Truganina, $353,885 in Wyndham Vale, $461,000 in Williams Landing and $450,000 in Werribee, according to CoreLogic RP Data.
“These median sale prices are much lower than the Melbourne metro median house price of $770,000 recorded for the December 2016 quarter by the REIV,” HTW says.
With prices in the region climbing, HTW suggests that first home buyers may wish to look further afield to establish their foothold on the property ladder.
“Although the inner suburbs are proving difficult for first home buyers, the outer western suburbs provide great opportunities for first home buyers,” it says.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-tarneit-124919526" target="_blank">59 Emperor Parade</a>, Tarneit (above) has been listed for $475,000 to $510,000.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-tarneit-124911034" target="_blank">2 Governor Close</a>, Tarneit (below) has been listed for between $450,000 to $490,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/10/2%20Governor%20Close.jpg" alt="">
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jonathanchancellor-7SQnKwU6yx

Tarneit and Truganina estates are first home buyer targets: HTW

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Following the launch of Tarneit's latest mixed-use precinct development, Keystone, <a href="http://www.urban.com.au">Urban.com.au</a> caught up with Akron Property Development Director Andrew Harvey about the importance of creating highly walkable, connected communities – and essentially prioritising place over product.

Urban.com.au: Congratulations on the launch of Keystone, Tarneit! What drew you to this site in particular?

Andrew Harvey: Akron is pleased that Wyndham understood our vision for a highly walkable, connected community to be established that brings a variety of attractive inner-urban features to this suburb.  The Planning Permit for Keystone is the result of a year of planning, urban design and detailed engineering investigations in consultation with Wyndham City Council. Akron was attracted to Tarneit because it is exceptionally well-positioned for future growth. Keystone is only 26 kilometres from the Melbourne CBD and is very close to Werribee, Hoppers Crossing and Williams Landing.  Keystone is already surrounded by established schools, shopping and community infrastructure.  Coupled with the State commitment to upgrade the adjacent railway with future station builds, the site will be an easy walk from two future railway stations at Riverdale and Tarneit West. 

U: When acquiring a site in an outer suburb, do you believe interest will be generated from those looking to commute to/from the CBD or buyers that are keen to live, work and play in Tarneit?

AH: Tarneit won’t be an outer suburb for much longer!  People who know the Western suburbs will know that Tarneit and Werribee are poised to tap into the economic development that will follow from State and local economic investment. Investors and our Keystone residents will be attracted by the close proximity to the CBD, and the established infrastructure close by.  Easy road or rail access exists to the City, Werribee, Geelong and growth areas such as Melton and Bacchus Marsh to the north.  Tarneit has simple access via the Princes Freeway to the Bellarine Peninsula and Surf Coast, enabling a genuine work-life balance.

U: If Melbourne is to become a polycentric city, do you believe the City of Wyndham is equipped to handle the urban sprawl, and accommodate the needs of new residents? 

Wyndham City has tremendous potential.  Wyndham City is one of Australia’s fastest-growing municipalities, expected to almost double in size by 2041. It is well placed on the road and rail links between Melbourne and Geelong, making it an area of great economic significance that extends beyond its own region, impacting the rest of the state and Australia. Affordable housing, geographic appeal, high birth rates, increased migration and major infrastructure investments are driving forces behind Wyndham’s position as the epicentre of western Melbourne’s population growth. This growth will transform Wyndham from a City of 257,000 people in 2018 to nearly double in size to 489,000 by 2041. According to ABS data between 2016 and 2017, Wyndham was Victoria’s largest growing municipality, increasing its population by 14,092 people, or 6.2%.

What local infrastructure is currently on the cards in the areas surrounding Keystone?

In December 2018 the Western Melbourne Group (WMG) obtained a licence from Football Federation Australia (FFA) to field a team in the national A-league, the Western United Football Club. As part of a public-private-partnership development with Wyndham City Council, WMG will deliver an international standard sporting precinct just to the west of Keystone which will include a 15,000 seat main stadium, a 5,000 seat second stadium, training pitches and high-performance centre. Adjacent to the sporting precinct on the southern side of the site, Council will also deliver the Riverdale town centre. With all of this proposed work, the construction of the Sayers Rd Railway Station in Tarneit needs to be brought forward to capitalise on this economic development opportunity. Delivering this station will allow for greater access to the privately funded 15,000 seat stadium being built and will enable business and communities in the area to thrive. The future Riverdale Railway Station at Sayers Road and the proposed Tarneit West station on Davis Road are either side of Keystone and are both within a two-kilometre stroll.

How has the urban planning agency Roberts Day assisted with the master planning process of Keystone, and what were the key takeaways from their input?

We wanted visionary urban design and planning and through our work with Roberts Day, we have tapped into best practice design philosophies through the thought leadership of Mike Day and Emma Petersen.  Placemaking has been a focus, not a cookie-cutter subdivision mentality. We wanted to bring some of the best of the city to Tarneit, and a phrase we use is “more urban than suburban”.  A key focus of this development is the evolution of specially designed elevated townhome lots, fronting leafy, tree-lined boulevards where walking, cycling and conversation with your neighbour are given higher importance.  Landscaped rear laneways, with studios above garages, will give these lots an element of lifestyle flexibility not seen in surrounding suburbs. The Keystone design will promote safer walking and cycling to school, shops and recreation as a fundamental part of everyday activity.  We can‘t wait to do some longer-term studies to measure the positive impact that our design will have on the health and wellbeing of our future residents.

Do you believe that there is enough incentive for developers to create precincts which have a strong community focus like Keystone? Or is it primarily down to company ethos?

The recent correction in the housing market means that the “fear of missing out” has lessened, and astute buyers can take their time to understand what makes a quality development.  Akron has set its ethos on seeing beyond the present day, and we want to leave a legacy of good design and great places for people to make home. Akron partners with like-minded visionary and enthusiastic design teams to incorporate leading design principles, and we try to bring the best of our favourite places in Melbourne and around the world to each Akron neighbourhood.  If we don’t design places that we’d like to live in, how can we expect others to understand our vision and make Keystone home? Akron recognises that systems like the Green Building Council of Australia’s Green Star Rating, and the UDIA EnviroDevelopment certification can be badges which verify Akron’s commitment to sustainability and independently certify the quality of our Keystone vision. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/akron_linkedin_blog_1.png" rel="gallery-all" title="Akron Property team"><img alt="" class="image-article-full-width-580px" height="304" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/akron_linkedin_blog_1.png?itok=gJafKYQj" title="Akron Property team" width="580"></a>

<figcaption>Akron Property team</figcaption></figure>How do you see Keystone evolving over the years?

Akron is committed to early provision of community infrastructure, and the Riverdale North Primary school, in the heart of Keystone will be at the heart of the community. We are working with the Council to refine designs for a community hub opposite the primary school.  We see early provision of a childcare centre and kindergarten opposite the school as priorities, supported by some small shops. We will be working with innovative, quality builders to build and display innovative medium density house product and innovative home office townhouses.  We are committed to exploring a diversity of home types, for different family structures, including singles and couples. We’d love to see a range of home types that cater to different stages of life.

What do you think residents will love most about living at Keystone?

The design approach seeks to encourage physical activity, and we hope for a real sense of health and wellness to evolve. Our green streets will be planted with double rows of trees and will be attractive streets that encourage walking and cycling.  Most local streets point at the school, so we think there will be a high proportion of kids that will walk, ride, skate to school. We will relocate our sales office from Leakes Road into first completed stage, and we hope to partner with Council for some pop-up recreational facilities before council builds the dedicated Active Open Space sports ovals and facilities in years to come.  

Given your experience working on the creation of an international award-winning Ellenbrook Community in Perth, what do you think are the key features of a holistic, modern community? What would you like to see more of in new mixed-use precincts across Australia?

Authentic communities thrive on diversity. This applies to the people who live there, the building typologies and the streets, parks and urban places which will emerge.  When the developer shows a better understanding of how people want to live, houses become homes, and people become neighbours.  Compact living, useable verandahs and rooftop terraces are exciting trends that enable social interaction and community engagement.  We’d love to see radical changes in the building typologies that are accessible to people in Tarneit, and we will be working with our building partners to truly innovate. 
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Olivia Round

Place over product: Akron Property’s Andrew Harvey discusses the concept of creating a community-centric mixed use precinct

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A Tarneit three bedroom house has been listed for sale by mortgagees with $455,000 to $500,000 hopes.
It has been scheduled for March 10.
The Victorian home sets on a 415m2 block (approx) in the location along the walking and bike tracks of Davis Creek &amp; Werribee River.  
<a href="https://www.realestate.com.au/property-house-vic-tarneit-127585002">The 45 Hope Way house</a> comes with three bedrooms, two garage spaces and open plan kitchen.
It has been a $320 a week rental.
It last traded at $140,000 in 2007.
The suburb's median house price sits on<a href="https://www.urban.com.au/expert-insights/investing/10582-tarneit-vic" target="_blank"> $500,000</a>, according to CoreLogic. 
 
 
 
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