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 › Clearview Ct
$850,000
Last sold
20 Aug 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
1,150 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
$850,000
20 Aug 2020 · 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=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.
Vs Garfield
+8.6%
Median sale
Suburb $782,500
-0.26 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)This magnificent contemporary Edwardian style two storey residence encompassed by established gardens on a massive 1,150m2 allotment and located in the bowl of a quiet court will impress from the first look. Designed and built by Roseleigh Homes, with a critical eye to the smallest detail, the residence is a statement of refined elegance and
beautifully proportioned throughout. A roll call of timeless embellishments include feature Grey Gum timber flooring, ornamental cornices, granite counter and vanity tops, top quality floor and window furnishings, feature gas fireplace and surround, all with the luxury of ducted heating and evaporative cooling. High ceilings impart a wonderful sense of volume to an already spacious home, with multiple well planned living areas providing space to entertain on a grand scale or for more intimate family time, in equal measures.
There are four double sized bedrooms on the second level, the main bedroom of impressive proportions and with dual walk in wardrobes and an oversized full ensuite bathroom. The family bathroom services the secondary bedrooms, a very spacious retreat area completes this level. On the ground floor a formal entry is positioned for seamless transition to the multiple living areas, the study and the oversized two car garage (auto remote and direct to house access). An expansive informal living area incorporates the informal dining area and a well planned Tasmanian Oak timber kitchen with hostess stainless steel appliances, and direct access to a paved and covered outdoor living area. A gracious formal loungeroom is complete with a curved bay window and decorative fireplace. Adjacent is the formal dining and rumpus room.
Outside, the attention to detail continues with a steel workshop/ storage shed, garden shed, a productive orchard, and a vegetable garden, with space left over for play; and space for a swimming pool if desired. A concrete pad provides ideal side parking for a caravan or boat.
Located on an elevated allotment affording picturesque views the property is within walking distance to Main Street shopping, services and Rail Station (V-line). Ideally positioned for access to the M1 Freeway, major shopping hubs at Pakenham, Drouin and Warragul, Garfield offers all the benefits of a tight knit rural community with every modern convenience nearby. Inspect with absolute confidence.
INSPECTION PROCEDURE:
In light of the current COVID-19 situation, this property may be inspected by appointment. We have implemented safety procedures for the wellbeing of all. These include social distancing, use of hand sanitizers and no unnecessary hand contact with surfaces within the property. Please discuss any concerns you may have before arriving at the inspection.
Listing description written by Nyall Greene, First National Real Estate Neilson Partners (Pakenham) — reproduced as published, not verified by Districts.