AREA REPORTS

Garfield

VIC/
Garfield

Suburb Profile

Garfield - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3814

house

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 8.34% growth over a ten-year period. It ranks 382nd on our list of suburbs that property investors should look into.

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

GARFIELD, 3814 has a capital gain of 23.61% for the past year, which is higher than average compared to its 40.55% 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 23.61% 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 50th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $513,000 N/A
GROWTH REPORT
Median Quarterly 5.56% N/A
Median 12 month 23.61% N/A
Median 3 years 44.51% N/A
Median 5 years 40.55% N/A
10 years average annual 8.34% N/A
Weekly media advert. rent N/A N/A
Time on Market 46.4 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
1401
Weekly Household Income
977.2
Household Size
2.90
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Kenneth Hayne

Property investors could wear cost of changes to mortgage broker regulation

Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...

Opal Tower

Final report into the Opal Tower released, impact on the property industry revealed

Following months of questions, the final report into Sydney’s Opal Tower has been released by the NSW government, and while those with pro...

Tradies

New data pointing to Sydney tradie price divide

An updated set of data has revealed a divide in Sydney that is determining how much Sydney property owners are paying for tradies. ...

Australian map

Why local is no longer important in property management

The last five years has seen an emergence of technology in property management that has totally transformed the landscape of how this area...

How regulators seek to amend lending market

Regulatory interventions have significantly affected the movements of the property market in 2018 and, moving forward, one expert believes t...

Investing Insights, Right Property Group

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Why investing in a “hotspot” is not always the right move

In an environment where the biggest issue can be an overload of too much contradicting information, how do you figure out what is accurate a...