A great opportunity to secure a large parcel of land (27.50 Acres approx.), conveniently located only 5 minutes from the Monash Freeway, approximately 5 minutes from the Pakenham Racecourse and training facility at Tynong, approximately 15 minutes from Pakenham Central and a short distance to the Garfield main street with all its shops and cafes, the train station and schools.
For those buyers looking to accommodate horses the land is divided into 8 small paddocks, 1 medium paddock and 2 large paddocks (small and medium have shelters). The land has mains water and on a bitumen road.
This property is perfect for buyers looking for a "blank canvass" to build and design your dream property (STCA) or a great opportunity to land bank for the future.
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.
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 1,079 properties. Over the last 5 years, Houses in Garfield have seen a 38.00% increase in median value, while Units have seen a 15.75% increase. As at 31 October 2024:
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