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 › Garfield Rd
4
Bedrooms
2
Bathrooms
4
Car spaces
1,624 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Garfield (last 5 years) with land size have a median of $768/m² of land (n=45). 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.
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 LJ Hooker PakenhamIf you have been searching for that ideal family home with space for the kids or perhaps you're after that elusive property with future development opportunities, then this is the one for you!
Set in the idyllic country township of Garfield only 250m (approx.) to the shops, Train Station, Primary School and other amenities and approximately 400m to the Kindergarten this renovated home is perfectly positioned on a huge 1624m2 block, has a huge backyard and is zoned General Residential 1, being ripe for future development (STCA).
The retro home has been beautifully and tastefully renovated with modern appointments and toning's throughout, offering:
* Four (4) bedrooms, the master having an ensuite and walk in robe
* Separate study with a walk in storage room
* The remaining bedrooms are a great size
* Beautiful family bathroom with freestanding bath
* Living zones include a family room at the front of the home complete with a built in library and gas log fire
* Meals area and lounge room with a feature timber wall and a wood fire
* The contemporary kitchen includes timber-look benchtops and dishwasher
* Quality fixtures and fittings throughout
* Timber flooring
* Ducted heating and split system air conditioning
Outside you will find:
* New in -ground solar heated pool with glass balustrading
* 6m x 12m steel shed ideal for all the toys
* Heaps of lawn space ideal for pets and the kids to play
* Sensational timber deck ideal for entertaining
* Side access for boats, trailers, caravans
* Plus so much more
Expired plans and permits for a multi-unit development, may be of assistance to the buyer if purchasing the property for development purposes (STCA). Alternative simply move in and love this beautiful property exactly as it is!!!
Properties like this are rarely offered for sale. Call today for more information
Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold, therefor confirmation of all opens with the listing agent within 24 hours of the scheduled opening is advised. In accordance with the Chief Health Officer's Directions, you will be required to check in before entering the property.
Listing description written by Sam Paynter, LJ Hooker Pakenham — reproduced as published, not verified by Districts.