Garfield at a glance
2,310
People
$782,500
Median sale
$486/wk
Median rent
3.23%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
VIC › Garfield › Jefferson Rd
$925,000
Last sold
30 Apr 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
16,389.769 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$925,000
30 Apr 2020 · derived via latest_sale
Local land rate: recorded Rural Property sales in Garfield (last 5 years) with land size have a median of $14/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Garfield at a glance
2,310
People
$782,500
Median sale
$486/wk
Median rent
3.23%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Garfield
+18.2%
Median sale
Suburb $782,500
-0.50 pp
Gross yield
Suburb 3.23%
Suburb median $782,500 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $486/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Garfield at a glance
2,310
People
$782,500
Median sale
$486/wk
Median rent
3.23%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Neilson Partners (Pakenham)Secluded at the end of a long, meandering driveway this captivating weatherboard residence full of warmth and charm will impress and delight. Enveloped by colour filled gardens studded with shade trees
you can just feel the worry of the world slip away as you catch the first glimpse of home. Faithfully maintained and obviously loved and cherished, this is a home with garden or paddock views from every window and as comfortable as a favourite armchair!
With all the period embellishments still in place, and high ceilings adding a wonderful sense of volume, more modern innovations compliment an era of timber sash windows, timber floors, cricket stump doors, lead light windows and ornamental cornices. There are two separate living areas- a formal loungeroom (which is currently used as a dining room) and an informal living/dining area (with a solid fuel heater and split air-conditioner) incorporating a very functional kitchen with myriad cupboard and bench space, servery, stainless steel Bosch dishwasher and electric stove. The informal living area has French Door access to a broad timber decked and covered balustraded outdoor living area offering views across the property. A private
balcony provides a further hidey spot for relaxation.
There are four bedrooms, the main bedroom of impressive proportions and with a private dressing room and a full ensuite bathroom, the secondary bedrooms with banks of built in wardrobes. Bedroom three is again of very generous proportions and could easily host a second ensuite bathroom if desired. Bedroom two is currently used as a study. The family bathroom, a spacious laundry and myriad storage cupboards complete the residence.
Outside, a roll call of improvements include a 30’ x 20’ steel shed, with concrete floor/power; a 15’ x 10’ steel garden shed, a three bay machinery/ hay shed and a two car carport. With three fresh water tanks to a total of approximately 75,000 litres (plus a large dam) water security will never be an issue. The property is divided to four paddocks ready for your choice of livestock, on 4 acres of land.
Whilst the property affords absolute privacy and seclusion there is easy access to High Street shopping, services, public transport and major shopping hubs at Pakenham and Drouin with the M1 Freeway
only minutes away. This is truly an enviable lifestyle property with all the amenity of urban living close by. Inspect with absolute confidence.
Listing description written by Nyall Greene, First National Real Estate Neilson Partners (Pakenham) — reproduced as published, not verified by Districts.