OFF MARKET

71 Nar Nar Goon-Longwarry Road
Garfield VIC 3814

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 1279m2
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Property Details for 71 Nar Nar Goon-Longwarry Rd, Garfield

Building Type
Commercial
Land Size
1279m2
Local Government
Cardinia
Lot/Plan
1/TP170491

Last Listing description (January 2024)

The Company proudly presents this wonderful opportunity to purchase an incredible property offering both lease and development. Situated right in the middle of the main shopping strip of the township in fastly growing town of Garfield, your investment is secure forever. With land size being 1279m2 there's plenty of space available behind the current shop allowing you to build brand new building/s that can be used as shops, showroom, warehouse, bed & breakfast or Air Bnb (STCA).

- Currently tenanted

- Massive land offering perfect opportunity to build more

- 1 minute to Garfield Train station

- 5 minutes' drive to freeway

Opportunities like this do not come up often!

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Property History for 71 Nar Nar Goon-Longwarry Rd, Garfield, VIC 3814

A timeline of how this property has performed in the market
Last Sold
$620,000
02 Aug 2023
  • 03 Aug 2023
    Listed for Sale Contact Agent
  • 02 Aug 2023
    Sold for $620,000
  • 13 May 2022
    Listed for Sale $830,000 - $850,000
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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 1,054 properties. Over the last 5 years, Houses in Garfield have seen a 45.63% increase in median value, while Units have seen a 32.46% increase. As at 31 July 2024:

  • The median value for Houses in Garfield is $800,796 while the median value for Units is $485,310.
  • Houses have a median rent of $498 while Units have a median rent of $395.
There are currently 13 properties listed for sale, and 1 property listed for rent in Garfield on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Garfield.

Suburb Insights for Garfield 3814

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.