OFF MARKET

Martin Road
Garfield North VIC 3814

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 275565m2
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Property Details for Lot 2 Martin Rd, Garfield North

Building Type
Rural
Land Size
275565m2
Local Government
Cardinia
Lot/Plan
2/LP203872

Last Listing description (September 2017)

Arguably one of the finest blocks that has come on the market in the shire of Cardinia. An absolutely superb rising 32.80 Ha (81 Acres) parcel of grazing land that has amazing views to Mount Cannibal and afar.
The property currently used for cattle grazing, is connected to mains water and can be easily adapted to other rural pursuits. Its sealed road access to the state of the art new Pakenham Racing and Training facility at Tynong will no doubt make it a target for thoroughbred trainers and breeders alike. A natural spring is also used to fill all water troughs to the 11 main paddocks. The property features a combination of rich flats and rising land. Outbuildings include three bay hay shed, water pump and solar power electric fencing to all paddocks.
The lovely block has easy access from both Garfield North Road, Martin Road and Old Sale Road.

What a fantastic opportunity to purchase a rare large piece of land in Garfield North that hasn't been offered for sale for over 29 years.
Build your dream home and enjoy the enviable country lifestyle that awaits.
* Please Note - A current licence agreement with Vicroads adds an additional 5.56 HA (13.7 acres) of grazing land to the property which may be transferable to the purchaser.

Property History for Lot 2 Martin Rd, Garfield North, VIC 3814

A timeline of how this property has performed in the market
  • 06 Apr 2016
    Listed for Sale $830,000 - $913,000

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About Garfield North 3814

The size of Garfield North is approximately 21.2 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Garfield North in 2011 was 218 people. By 2016 the population was 193 showing a population decline of 11.5% in the area during that time. The predominant age group in Garfield North is 60-69 years. Households in Garfield North are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Garfield North work in a trades occupation. In 2011, 94.5% of the homes in Garfield North were owner-occupied compared with 87.1% in 2016..

Garfield North has 103 properties. Over the last 5 years, Houses in Garfield North have seen a 43.20% increase in median value, while Units have seen a 175.70% increase. As at 30 November 2024:

  • The median value for Houses in Garfield North is $1,724,678 while the median value for Units is $830,315.
There are currently 2 properties listed for sale, and no properties listed for rent in Garfield north on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Garfield north.

Suburb Insights for Garfield North 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.