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
0
Bedrooms
0
Bathrooms
6
Car spaces
202,300 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 Land sales in Garfield (last 5 years) with land size have a median of $440/m² of land (n=7). 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 The Company Real EstateA 50-acre world class horse facility that’s only 8 minutes from the esteemed Pakenham Racing Complex in Tynong offers racing enthusiasts a ready-made horse racing property for training, breeding and agistment. This unique Garfield horsing enterprise builds on Melbourne’s reputation as the racing capital of the world, with a dedicated horsing base for the breeding, training, racing, equestrian showing and agistment of thoroughbred horses amid the lush green countryside of Gippsland.
A lucrative equestrian business has been built up at this fully-fledged horse racing establishment – a 50-acre prime parcel with its own home and potential for two titles – where Dean Grass Racing and Gippsland Bloodstock have established reputations for training, thoroughbred breeding, and agistment at this lush equine sanctuary.
Champion horses at Magic Millions and Inglis have both achieved success from these first class horse facilities, paving the way forward for future horse champions.
The farm features a large, enclosed sand roll, 60 x 35 m horse training arena with jumps, 17 spacious stables with rubber floors including double size stables for post-surgery recovery, mare and foals, and 3 covered day yards for horses that stress indoors.
The impressive infrastructure for horses also extends to 4 flood lit mare and foaling paddocks with a renewed equine pasture, new LED lighting throughout the stables, 2 hay/machinery sheds, an undercover feed room, undercover truck parking, bore water and undercover tie up stalls with lockable tack room and an oversized wash bay with hot water. Safety is assured with over 26 spelling paddocks all double fenced in post and rail, horse mesh, and electrobraid. The soil here is peat, with pastures maintained and sprayed yearly, grazed with cattle and some paddocks recently over-sewn with an equine blend.
Rich in character, the property’s double brick 4-bedroom home charms with high ceilings, an original fireplace, and a renovated bathroom with double shower – yours to modernise.
New timber entrance gates with remote control as well as a double carport and portable office with power add yet more appeal at this exclusive equestrian mainstay for horse breeders, horse trainers, farmers, investors or land bankers.
The quiet historic town of Garfield offers its own village of shops and eateries along its main road, as well as a primary school, golf course, football and netball league, an art decor picture theatre turned live entertainment venue, and a stunning lookout at Mount Cannibal where you can enjoy sweeping views of Gippsland's rolling hills.
Listing description written by Dj Randhawa, The Company Real Estate — reproduced as published, not verified by Districts.
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