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
$1,650,000
Last sold
1 Oct 2021
4
Bedrooms
2
Bathrooms
3
Car spaces
151,757.116 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
$1,650,000
1 Oct 2021 · derived via latest_sale
Local land rate: recorded Rural Property sales in Garfield (last 5 years) with land size have a median of $17/m² of land (n=4). 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
+110.9%
Median sale
Suburb $782,500
-1.70 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 Elders Delaney Livestock & Property BunyipYes, this one is different. "ISERLOHN PARK" with the big American Mid-West barn is a unique property.
Highly adaptable, the beautiful barn could be fully converted into a fantastic country mansion or equine education centre (STCA).
Live in perfect harmony and share a fabulous rural lifestyle with your precious equine friends on this attractive property complete with the huge barn as its' centrepiece.
Be impressed by the beautiful upper level four bedroom residence with outstanding finish whilst the massive downstairs floor footprint comprises twelve modern stables, 3 car RC garage and workshop, feed and tack rooms, kitchenette plus storage etc. The building is in excellent condition and has a central drive-through/breezeway, easy truck access and a large parking area.
Stroll from your bed onto the adjoining verandah as the morning sun pours in and absorb the distant views to the Baw Baw and Dandenong ranges and watch contented horses.
The huge barn and impressive driveway make an imposing statement as you approach along the quiet road only three kilometres south of the thriving township of Garfield.
Comprising 37.5 acres laid out in 13 good sized paddocks with boxes in excellent native pastures, the whole property has been painstakingly developed by the current owners over the past eight years.
This property, whilst specifically developed for dressage and rider tuition, with a new "Martin Collins" arena, offers the versatility to operate equine activities of any pursuit be it breeding, agistment, a dressage/equestrian education centre, livestock or whatever. The barn would easily convert to suit many needs including classic or vintage motor car enthusiasts.
Key features include:
- 4 BR home, classic kitchen, quality appliances, RC air, redgum flooring,
- 3 car R.C. garage, workshop, feed room, saddle/tack room, kitchenette,
- 12 stables, 4x4.3M, central drive through, storage, workers amenities,
- Martin Collins 60x20M all-weather arena with permit to construct roof,
- Property fully fenced with post and rail timber salvaged ex Mornington pier,
- Impressive, security gated driveway, 120 litres domestic tank water storage,
- 13 paddocks with boxes, stock water bore, troughs, large hayshed,
- Excellent location, close to town and Pakenham racetrack, 5 mins to M1.
"Iserlohn Park" is presented to the market in tip top condition and is a must see for anyone with equine interests or loads of imagination.
For further information or to request a private inspection please call Ray Cullen on 0429 977313
Listing description written by Ray Cullen, Elders Delaney Livestock & Property Bunyip — reproduced as published, not verified by Districts.
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