ALL OFFERS SUBMITTED - Now here's an awesome land banking opportunity for the astute purchaser boasting prime location only 400 meters to Garfield township with 2 street frontages and room for your horses. Property also has a large character weatherboard home with potential to renovate to something really special but currently you have formal lounge with wood fire, high ceilings country kitchen 4 good sized bedrooms and 2 bathrooms. Outside you have multiple horse paddocks, some with loose boxes, stable block and multiple sheds. Opportunities like this are getting harder to secure as urban growth takes over with its country feel but city convenience being a stroll to rail and short drive to freeways, Pakenham & Drouin townships. Investors note property has a great tenant who is happy to stay.
The size of Garfield is approximately 26.4 square kilometres. The population of Garfield in 2016 was 1786 people. By 2021 the population was 2114 showing a population growth of 18.4% in the area during that time. The predominant age group in Garfield is 10-19 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 2021, 84.20% of the homes in Garfield were owner-occupied compared with 84.20% in 2016.
Garfield has 1,105 properties. Over the last 5 years, Houses in Garfield have seen a 35.99% increase in median value, while Units have seen a 37.82% increase. As at 30 November 2025:
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