Garfield VIC 3814

Here you can find what you need to know about Garfield, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$538k Median Sale Price (National Average $485k) 425th In VIC
29.67% Median Price Change (1 yr) (National Average 4.30%) 18th In VIC
Upgrade to Premium to see median values for houses split by bedrooms. Learn more
Properties sold 16
Average discounting -1.87%
Average Days on Market 25
Stock on Market 13 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Garfield, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Garfield, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Garfield, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

Upgrade to Premium to see available development permits for Garfield, VIC.  Learn more

Property Prices in Garfield


Loading

State Auction Clearance Rates - May 2019

Auctions Clearance rate
VIC 945 63%
ACT 59 55%
NSW 692 70%
NT 9 100%
QLD 138 32%
SA 130 57%
TAS 4 0%
WA 32 33%

Local Schools


Loading

Suburb Information

Garfield, VIC 3814

Part of: Cardinia Council No data available

The size of Garfield is approximately 26.4 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Garfield in 2011 was 1,466 people. By 2016 the population was 1,792 showing a population growth of 22.2% in the area during that time. The predominant age group in Garfield is 50-59 years. Households in Garfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Garfield work in a trades occupation. In 2011, 81.2% of the homes in Garfield were owner-occupied compared with 84.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Garfield

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Garfield   for Houses in last 12 months


There have been 16 Houses sold in Garfield in the past 12 months with a median sale price of $538K, up 19.18% annually. It takes on average 21 days to sell with vendor discounting of -2.55%.

Streets in Garfield


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Mount Hutton NSW, 2290 3.23% $519,750 $435pw 4.3% View Suburb Profile
Bunyip VIC, 3815 18.79% $550,000 $355pw 3.4% View Suburb Profile
Wagga Wagga NSW, 2650 1.27% $400,000 $350pw 4.5% View Suburb Profile
Daylesford VIC, 3460 7.88% $547,500 $385pw 3.7% View Suburb Profile
Pakenham VIC, 3810 7.07% $515,000 $360pw 3.6% View Suburb Profile
Gembrook VIC, 3783 15.79% $660,000 $385pw 3.0% View Suburb Profile