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
$715,000
Last sold
7 June 2024
3
Bedrooms
1
Bathrooms
5
Car spaces
1,472 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
$715,000
7 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Garfield (last 5 years) with land size have a median of $768/m² of land (n=44). 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
-8.6%
Median sale
Suburb $782,500
+0.30 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 Area Specialist SolutionsIts Addressed:
Discover the serenity of small-town living in the quiet country town of Garfield. This charming property offers a peaceful escape from the hustle and bustle, providing a perfect retreat for those seeking tranquility and space. With a sprawling 1,472 m² block, this residence ensures privacy and room to breathe.
The home features three sizable bedrooms, providing ample space for the whole family. Each room is thoughtfully designed to offer comfort and relaxation, making it a haven for restful nights. The property is equipped with efficient cooling and heating systems, ensuring a comfortable environment year-round.
Revel in the beauty of sleek, custom cabinetry that maximizes storage while adding a touch of sophistication. The chic colour palette and high-end finishes create a harmonious atmosphere, making this kitchen a true showpiece.
Upon entering, a living zone designed to cater to the more vibrant side of life. Whether it's hosting lively parties, game nights, or simply enjoying quality time with loved ones, this area offers a dynamic atmosphere that adapts to your every mood. Large windows invite natural light, creating an airy and inviting space.
A second living area sets the tone for comfort and elegance. Perfect for intimate gatherings or cozy evenings by the fireplace. This space seamlessly flows into an open-concept kitchen, creating a harmonious blend of functionality and style.
For those who enjoy working on DIY projects or need extra storage space, the shedding/workshop area at the rear of the block is a valuable addition. This versatile space allows you to pursue hobbies or store equipment conveniently within your own property.
Entertain guests or simply unwind in the outdoor haven of the undercover pergola area. With the added convenience of power, this space becomes an ideal spot for gatherings, barbecues, or just enjoying the fresh country air. Imagine sipping your morning coffee or hosting evening get-togethers surrounded by the beauty of nature.
Garfield's picturesque surroundings and close-knit community make it an inviting place to call home. Embrace the charm of country living while still enjoying modern comforts. Don't miss the opportunity to make this property your own and experience the tranquility and space it has to offer. Contact us today to schedule a viewing and envision the possibilities that await in this delightful Garfield residence.
"For more Real Estate in Garfield contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."
Listing description written by Adam Carpenter, Area Specialist Solutions — reproduced as published, not verified by Districts.