With a capital gain of 1.85% for the last 12 months, Garfield, 3814 has performed for property investments than its average annual 6.46% property growth over the last 5 years.
Across a shorter period, Garfield, 3814 has seen a median price increase of 1.85% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.51% offered to property buyers. Sellers in Garfield itself are offering an average vendor discount of -5.49% to real estate investors.
In the last year 17 properties changed hands in Garfield, which puts it as the 623th most active market in VIC when comparing the number of sales per suburb.
Situated 69.84km from the CBD, Garfield is one of Cardinia (S) localities in the postcode 3814.