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 › Premier Ln
$584,000
Last sold
24 July 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
250 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
$584,000
24 July 2026 · derived via latest_sale
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
-25.4%
Median sale
Suburb $782,500
+1.10 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
UnknownArea
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 Ray White DrouinThis home is perfect for the buyer looking for a low maintenance family home or the savvy investor, this three bedroom unit ticks the boxes for comfort, security and low maintenance.
Convenience is a feature within the township with the Garfield train station, primary school, shopping strip, medical centre and recreational facilities, including the bowls club, oval and football club, all within an easy 15 minute walk.
The home is one of a group of units within a quiet and well maintained laneway, with the front yard managed by a gardener. 4 Premier Lane has a comforting and homely vibe thanks to the rendered facade with weatherboards and decked portico. The interior has a neutral colour palette and plenty of natural light. A practical layout includes the main bedroom with a walk-in robe and ensuite, two secondary bedrooms with twin robes, family bathroom, toilet, large linen press and the laundry positioned off the central entrance hall.
The open plan living, dining and kitchen have wonderfully large north facing windows with access to the alfresco. The house has a remote controlled double garage with internal access to the hall.
The kitchen has stone countertops, laminate cabinets and a tiled splash back which are a stylish blank canvas to make this space your own along with a gas cooktop, under bench oven and a dishwasher.
The island bench is perfect for informal meals or the entertainer.
A sliding door from the living/meals area opens out to a concrete alfresco under the existing roofline, with a private and securely fenced backyard with an established low maintenance garden.
The home has ducted gas heating throughout, a split system air conditioner in the living area, floor tiles to the wet areas, carpets in the bedrooms and vinyl timber flooring to all remaining areas.
The home has a full solar panel system with an inverter located in the garage to assist in energy bills.
The home has block out roller blinds throughout and LED down lights.
Garfield has retained its charming country town ambience yet is well connected to the south eastern suburbs of Melbourne via the VLine service and freeway. Pakenham, with its wide range of retail and commercial businesses, private and public schools is a 15 minute drive.
For a carefree, low maintenance lifestyle with all the essential comforts, security and convenience, this property will be hard to beat.
Listing description written by Dale Atkin, Ray White Drouin — reproduced as published, not verified by Districts.
Victoria 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.