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Garfield
AREA REPORTS

Garfield

Garfield - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3814

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Based on its average 5-year and quarterly capital gains GARFIELD, 3814 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that GARFIELD, 3814 obtained a 7.64% growth over a ten-year period. It ranks 239th on our list of suburbs that property investors should look into.

GARFIELD, 3814 in VIC belongs to the local government area of Cardinia (S).

GARFIELD, 3814 has a capital gain of 18.18% for the past year, which is higher than average compared to its 69.16% growth within a five-year period.

Figures from the previous quarter show that capital gains for real estate buyers in GARFIELD are low, as opposed to average gains per annum over the past five years.

A 18.18% increase in median property prices in GARFIELD, 3814 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 79th.

Data report can be found below

Garfield
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $650,000 N/A
GROWTH REPORT
Median Quarterly 8.33% N/A
Median 12 month 18.18% N/A
Median 3 years 48.4% N/A
Median 5 years 69.16% N/A
10 years average annual 7.64% N/A
Weekly media advert. rent N/A N/A
Time on Market 72.7 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
2255
Weekly Household Income
1403
Household Size
2.80
Age
40
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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