FOR SALE
$1,175,000

340 Lone Pine Road
Garfield VIC 3814

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8.09ha
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Lifestyle Opportunity on 20 acres in Garfield!

LJ Hooker Pakenham is delighted to present an exceptional lifestyle opportunity in a prime location! Nestled just minutes from the vibrant Garfield township, this lovely property offers easy access to a railway station, sporting facilities including football, netball, and lawn bowls, as well as a primary school and kindergarten.
Set on an expansive 20 acres of renowned fertile acreage and serviced by mains water, this property provides a blank canvas for the lucky buyer to create their dream rural retreat or functional hobby farm.
The home, with recent upgrades including a new roof and guttering, offers excellent potential for renovation. Boasting three bedrooms, one bathroom, a lounge room, family room, dining area, and kitchen, this residence is ready to be transformed into your ideal sanctuary.
Additional features include a four-bay machinery shed, a separate carport with an adjoining workshop, and ample space for vehicles and equipment.
Conveniently located on a bitumen road, the property is just 1 km from the renowned Garfield Golf Club, perfect for golf enthusiasts. A mere 5-minute drive takes you to the state-of-the-art Pakenham Racing Complex and training facility, offering an exciting glimpse into the world of equine excellence.
This is a rare and exceptional opportunity for those seeking a lifestyle change or a chance to invest in a blue-chip location. Enjoy the perfect balance of proximity to essential amenities and the tranquility of private living. With urban fringe land-banking opportunities becoming increasingly sought after, now is the time to make your property dreams a reality!
Don’t miss this chance – enquire today!
Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised.
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Property Details for 340 Lone Pine Rd, Garfield

Building Type
Rural
Land Size
8.09ha

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About Garfield 3814

The size of Garfield is approximately 26.4 square kilometres. The population of Garfield in 2011 was 1,466 people. By 2016 the population was 1,792 showing a population growth of 22.2% in the area during that time. The predominant age group in Garfield is 50-59 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 2011, 81.2% of the homes in Garfield were owner-occupied compared with 84.2% in 2016.

Garfield has 1,075 properties. Over the last 5 years, Houses in Garfield have seen a 36.48% increase in median value, while Units have seen a 18.26% increase. As at 30 November 2024:

  • The median value for Houses in Garfield is $790,622 while the median value for Units is $535,271.
  • Houses have a median rent of $550.
There are currently 17 properties listed for sale, and no properties listed for rent in Garfield on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Garfield.

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Troy Farrell
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LJ Hooker Pakenham
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