Frasers Property offers $25k land rebate on selected lots at The Grove in Tarneit

Frasers Property is offering a limited-time $25,000 rebate on selected lots at The Grove in Tarneit, as the developer looks to accelerate buyer activity at one of Melbourne's most established waterfront communities in the city's west.
Frasers Property offers $25k land rebate on selected lots at The Grove in Tarneit
iBuildNew Editorial TeamMay 26, 20266 min read

Frasers Property is offering a limited-time $25,000 rebate on selected lots at The Grove in Tarneit, as the developer looks to accelerate buyer activity at one of Melbourne's most established waterfront communities in the city's west.

The incentive applies to select allotments within Riverside, the final neighbourhood to be released at the estate, with land priced from $340,000 to $525,000. Buyers may also be eligible to combine the rebate with the federal government's five per cent deposit scheme, which removes the requirement for lenders mortgage insurance and carries no income caps or waitlists, further reducing upfront costs for eligible purchasers.

About The Grove

The Grove sits at 180 Davis Road, Tarneit, approximately 31 kilometres west of Melbourne's CBD. Delivered by Frasers Property, the 167-hectare masterplanned community will ultimately be home to more than 2,600 families, with many already living there. Riverside is the final neighbourhood release, meaning buyers entering now are joining an active, established community rather than a greenfield site still finding its feet.

The estate's defining characteristic is its natural setting. The Grove is bordered by Davis Creek and the Werribee River, with an 11-hectare wetlands at its centre, an oasis that includes adventure zones, shelters, bridges, and walkways connecting directly to the river. Every home is within walking distance of parks, green reserves, and open spaces, with an interconnected network of cycling and walking paths running throughout.

Education infrastructure is already in place, with Karwan Primary School and Brinbeal Secondary College both located within The Grove, alongside childcare and kindergarten options close by. The Dianella Community Centre runs a range of programs for locals, and the Little Growling Café has become an established community meeting point. A future town centre, being developed by Empire Properties, will add a Woolworths supermarket and a broader range of retail and services, complementing the existing choice of shopping centres already accessible to residents.

For commuters, Tarneit Station sits approximately six kilometres from the estate, providing rail access to Melbourne's CBD. The proposed Tarneit West Train Station would bring connectivity even closer. The Princes Freeway and Princes Highway are also readily accessible, and the 182 bus route runs along Davis Road connecting Werribee and Tarneit stations.

The Grove holds a world-recognised 5-Star Green Star Community Rating, and Tarneit housing prices have grown at approximately 6.3 per cent per annum over the past decade, a figure that speaks to sustained demand in the corridor rather than speculative movement. Significant infrastructure upgrades are also underway across Melbourne's west, with population in the western suburbs expected to grow considerably through to 2036.

Tarneit sits within the Wyndham local government area, which has consistently ranked among Victoria's fastest-growing municipalities. Sustained demand for family housing, access to the Princes Freeway employment corridor, and improving local services have driven population growth across the suburb for more than a decade.

In the current market, upfront costs remain one of the primary barriers for first home buyers and upgraders. Land rebates and low-deposit entry mechanisms have become an increasingly important lever for buyers looking to reduce the cash required at settlement. The ability to combine Frasers Property's $25,000 rebate with the government's five per cent Deposit Scheme gives eligible buyers two compounding advantages at the point of purchase.

Schools, parks, transport, and retail that exist on move-in day carry tangible value when weighed against newer greenfield releases that are still working through their infrastructure pipelines. As Riverside represents the final land release at The Grove, the available supply is finite, and the surrounding community that buyers are entering is already mature.

Builders in Tarneit

A range of builders are active across Tarneit and the broader Wyndham growth corridor, offering housing solutions suited to different buyer profiles, lot sizes, and budgets.

Ridgewater Homes

Ridgewater Homes is a Melbourne-based builder established in 2017, specialising in custom new home builds, knockdown rebuilds, and insolvency builds for projects left incomplete by other builders. The company works collaboratively with clients from initial design consultation through to construction completion.

Ridgewater's catalogue spans a broad range of single and double-storey designs, and the builder has received industry recognition for design quality and craftsmanship.

For buyers acquiring land at The Grove and looking to work through the design process themselves rather than selecting a pre-configured package, Ridgewater offers a structured path from block to bespoke build.

5AB Homes

Established in 2015, 5AB Homes builds across Melbourne and regional Victoria with a focus on custom-made homes designed around individual client needs and lifestyles.

The builder takes a client-led approach, involving buyers at every stage of the construction process through an interactive app that provides ongoing visibility and communication.

5AB Homes has a physical presence in Tarneit with a display location on Generosa Grove, making it a locally accessible option for buyers in the corridor.

The company's range includes single-storey designs suited to first home buyers and growing families, with a Portfolio XPress range offering an accelerated pathway for buyers who want to move through the build process more quickly.

Simonds Homes

Simonds Homes has been building in Victoria since 1949, delivering more than 21,000 homes across the state over more than seven decades.

The company's portfolio covers a broad range of contemporary single and double-storey designs with flexible floor plans and open-plan living configurations suited to a range of household types. Fixed-price contracts, a lifetime structural guarantee, and a dedicated support team throughout the build process give buyers a high degree of certainty from contract through to handover.

Simonds' scale and long-standing presence across Melbourne's western growth corridor make it one of the most consistently active volume builders in the region.

Home Group

Home Group Victoria was established in 2016 and delivers new home construction, custom builds, and house and land packages across Melbourne and Geelong.

The builder offers single and double-storey designs with flexible floor plans across a wide range of sizes, from compact options suited to narrower lots through to larger family homes.

Home Group provides guidance through design selection and finance support, and has received recognition from HIA Victoria and Master Builders Victoria for design and customer service.

The builder works with developers across Victoria and offers accessible pricing for owner-occupiers and first home buyers entering growth-area markets.

Bottom line

Riverside at The Grove is the last land release in an estate that is already home to more than 1,600 families, a meaningful distinction in a corridor where many alternatives are still years away from the level of community activation The Grove has already achieved.

The $25,000 rebate on selected lots reduces one of the most significant upfront barriers in today's market, and stacking that with the government's five per cent Deposit Scheme gives eligible buyers a material advantage at settlement.

For buyers who have been weighing timing against budget, the combination of a finite final release, delivered infrastructure, a waterfront setting, and a live incentive makes this a concrete moment to act.

iBuildNew Editorial Team

iBuildNew Editorial Team

As the specialist voice of Australia’s largest new home building resource, the iBuildNew Editorial Team delivers deep-dive coverage into the house and land sector. From analysing new estate launches to highlighting the country’s leading home designs, we track the building journey to provide clarity for every buyer.