20 Martin RoadGarfield VIC 3814
Property Details for 20 Martin Rd, Garfield
Last Listing description (September 2024)
Situated outbound on the M1 highway, this attractive property with sizable shedding and two homes plus good grazing land, offers an excellent land banking opportunity, an hour's drive from Melbourne CBD. Formerly, a major orchard and cool storage complex, it could be repurposed for general warehousing use...
On offer is:
- 84.5 acres in two titles with two homes, one in need of major renovation,
- Excellent water supply, numerous dams, pumps etc. fully fenced,
- 4 bedrooms, BV home plus older WB (rented out), large lawned gardens,
- Ample water, storage dams with electric pumps, domestic tank water storage,
- Offers an ideal land banking opportunity for investors, has lease back potential.
Inspections strictly by appointment
Property History for 20 Martin Rd, Garfield, VIC 3814
- 18 Sep 2024Listed for Sale Not Disclosed
- 28 Nov 2023Listed for Sale Contact Agent
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0About 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 1,061 properties. Over the last 5 years, Houses in Garfield have seen a 46.38% increase in median value, while Units have seen a 19.77% increase. As at 30 September 2024:
- The median value for Houses in Garfield is $796,347 while the median value for Units is $524,563.
- Houses have a median rent of $498.
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