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 › Fourteen Mile Rd
$1,250,000
Last sold
28 Feb 2019
5
Bedrooms
2
Bathrooms
5
Car spaces
101,200 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
$1,250,000
28 Feb 2019 · 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
+59.7%
Median sale
Suburb $782,500
-1.21 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 Harcourts PakenhamSeldom does an opportunity like this present itself - located in the highly regarded lifestyle precinct of Garfield sits this established home and property offering so many opportunities for your family. The handsome homestead features 5 bedrooms, substantial family living zones inside and out, and a contemporary in-ground salt water swimming pool. Sitting on 25 acres (approx) of prime land, this property would suit grazing or equestrian minded activities. Shedding consists of a 50 x 25' steel machinery shed on a concrete floor with a lock up internal storeroom, power and a w/c, and there is also a separate American Style barn - with part earth floor to suit future stables and 2 wash bays, and has 15amp single phase power.
Within close proximity of the Racetrack, Garfield township and the M1, this property would be a wonderful opportunity to bask in the ambiance of the retreat-like lifestyle. Greeted by a tree lined driveway, the homestead is set back from the road and looks over the front paddock, there's a circular drive and room to turn with ease behind the main house. Built to the highest of standards yet such a relaxed feel, the master suite at one end of the home features a walk through wardrobe to a well appointed ensuite with double vanities. There's a sunny northern patio to enjoy as well. The remaining 4 oversized bedrooms are located at the opposite end of the homestead and are serviced by the new family bathroom.
The family living and dining areas adjoin the stunning black kitchen in the central heart of the home. Beautifully fitted with a Calcutta stone island bench and feature timber everywhere else, there is an abundance of storage and a feature double oven, dishwasher and walk in pantry.
Step outside to stunning entertaining that serves as direct access to a fabulous solar heated in-ground pool with bluestone paving and pool house with outdoor bathroom and a children's playground area. There is also a veggie patch area to cultivate and enjoy.
Creature comforts include split system heating and cooling, as well as a wood heater and ceiling fans throughout. NBN is connected and there is 2 phase power to the home and machinery shed, mains and tank water service the property. Extensive use of post and rail fencing defines the main paddock areas and there is 4 wire electric fencing to all other paddocks. The central laneway provide ease of access and with the inter-connecting gate all open, a 1km training track is created.
There is also a Separate Gym (or home office) fitted with air conditioning within the main carport bay.
What a stunning opportunity.
This highly desirable property is located a short drive from the M1 Freeway with direct access to major shopping areas, private schools, State Parks and the Melbourne CBD. An easy ride to Bunyip Pony club in one direction and a short walk to Main Street Garfield in the other. An impressive opportunity that you must explore. This home is only available to inspect by private appointmen
Listing description written by Kate Radcliffe, Harcourts Pakenham — reproduced as published, not verified by Districts.
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