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 › Nar Nar Goon Longwarry Rd
$570,000
Last sold
26 Nov 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
1,044 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
$570,000
26 Nov 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
-27.2%
Median sale
Suburb $782,500
+1.20 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)Located on a massive 1050m2 (approx.) allotment with sealed road frontage, mains water, and views over lush farmland this is a property that will tick so many boxes on first look. The fully renovated, light filled, warm and inviting home has had the hamburger with the lot makeover. A totally new designer kitchen includes an electric cooktop, stainless steel oven and stainless steel dishwasher, two new bathrooms, new laundry, all new floor coverings, window furnishings, new split air-conditioners, new paint inside and out. This is the absolutely move in and spend nothing for many years to come proposition. Even the septic tank has been pumped out!
Offering three double sized bedrooms, main with ensuite bathroom, brilliant informal living area leading to the sparkling new kitchen and generous dining area and onto the spacious step up separate formal loungeroom. The family bathroom, laundry and lock up storeroom completes the home.
Outside the crowning glory is the real deal Hi-line steel shed – 40’ x 20’ concrete floor and power with over 4m entry height – plus a lock up and open side concrete floored work bay. There is a large graveled hardstand and lots of room for outdoor living - even space for lawns and gardens – all secured behind lock up gates.
A two car carport provides car accommodation with room for trailers, boat or caravan. Providing a level of privacy not to be expected from a lot of this size, the Main Street of Garfield is only minutes away with local shopping and services, plus V-line train. There are major shopping hubs at Pakenham and Drouin plus Freeway access only 5 minutes drive away, all while enjoying the benefits of life in a quiet, rural community. Inspect with absolute confidence.
**
INSPECTION PROCEDURE: **
In light of the current COVID-19 situation, this property may be inspected by private appointment only. We have implemented safety procedures for the wellbeing of all. These include social distancing, use of hand sanitisers and no unnecessary hand contact with surfaces within the property.
** Please discuss with us 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.