The latest data released on October 14, 2019, has the median price of a house at $535,000. The 12-month capital growth is 8.33%. The annual capital growth stands at -7.09%. There have been 15 house sales in 2019. The Demand to Supply Ration rates Garfield as very good. Demand is ahead of supply. There are more buyers than properties on the market for sale. Vendors do not have to wait long until they receive a good offer. Expect immediate capital growth and stay ahead of the national average.
- 3 Bedroom house $509,000 Rent per week $350
The gross rental yield is 3.74% in Garfield. It takes on average 42 days to sell a home in Garfield.
Are you going to sell your home? Do you want to know the market price for your house or unit? Our real estate agents provide free property appraisals on units, apartments, land and houses. We determine the property price based on its location to shops, schools and public transport. We also take into account recent sales history. Our appraisers will deliver a fast and accurate value of your home and what you can expect as an offer in today’s property climate.
Do you want to rent your home and need a property manager? Or, do you own an investment property and need a rental manager? Clark NextRE manages over 200 homes in Warragul, Drouin, Garfield and surrounding suburbs. Our rental appraisers will provide a free estimation on your expected weekly rent return. We will discuss with the owner the length of the lease and who they prefer renting their home. We manage the rent collection, routine inspections, maintenance and tax accounting. We have a large database of tenants wanting to rent now. View our recently leased homes in Garfield.
Property Valuation Garfield
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Lifestyle in Garfield
This quaint country town began as a railway and timber town but is now a popular residential town appealing to those who like to be near the city, but live surrounded in nature. Garfield has a close community, a small primary school and a friendly atmosphere. In the centre of town is a busy railway line with frequent trains that run between Melbourne and Traralgon. The main street has a host of shops and cafes, including a butcher, post office, milk bar, a boutique gift shop, and a number of great cafés offering a modern, fresh menu.
Garfield is located 69 kilometres south-east of Melbourne. At the last Census in 2016, the population was 1786 residents. There is the Garfield train station which runs along the Bairnsdale to Melbourne line.
Schools in Garfield
There is 1 school in Garfield.