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 › Mont Albert Rd
$1,700,000
Last sold
1 Feb 2024
3
Bedrooms
1
Bathrooms
8
Car spaces
30,351.423 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
$1,700,000
1 Feb 2024 · 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=44). 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
+117.3%
Median sale
Suburb $782,500
-1.74 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 OBrien Real Estate PakenhamDiscover the epitome of country living with this once-in-a-lifetime property, a newly renovated haven that promises the perfect blend of comfort, convenience, and endless possibilities.
Key Features:
Renovated Perfection: This dream family home has undergone a meticulous renovation, ensuring a seamless fusion of modern comfort and timeless charm.
Shedding Paradise: A massive 18x12 shed which includes a fully enclosed gym and home office space above. A charming 6x12 shed, and a spacious 40x20 horse arena.
Open plan kitchen, living & dining: The heart of the home featuring custom waterfall concrete benchtop, a 900mm oven, ample cupboard space plus a Butler's Pantry.
Children's Retreat/Second Living: A dedicated space for the little ones to play, learn and grow.
Outdoor Entertaining In Style: The expansive outdoor area boasts a state-of-the-art pizza oven, a fully equipped kitchen including bar fridges, single basin and ample cupboard space for an ultimate alfresco dining experience.
Year-Round Comfort: Enjoy the luxury of two split systems for climate control, a cozy Coonara wood heater for chilly nights.
Abundant Water Supply: With both mains and tank water sources, this property boasts a total of 110,000 litres stored in tanks, ensuring your family's needs are met year-round.
Expansive Land: Sprawling across 7.5 acres, this property offers ample space and privacy. Eight fenced-off paddocks provide the ideal setting for your four-legged friends.
Family-Friendly Oasis: A dedicated playground area ensures that the younger members of the family have their own space to explore and enjoy.
Convenient Location: Nestled within walking distance to Garfield Station and the main street precinct, this property is minutes away from the Princess Freeway, providing easy access to urban amenities while maintaining the tranquility of rural living.
Property Details:
Shed Sizes: 18x12, 6x12
Horse Arena Size: 40x20
Land Size: 7.5 acres | 3.03 Ha
Water Storage: Combined 110,000 Litres
Paddocks: 8 fenced off
42 x 6.5kw Solar Panels
Act Now! Seize the opportunity to view and secure this extraordinary property. Contact Cooper today on 0429 591 616 to schedule a private tour.
Listing description written by Cooper Sheppard, OBrien Real Estate Pakenham — reproduced as published, not verified by Districts.