Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $310,000 | 0.0% | $210,000 | $350,000 | 6 |
| 2010 | $380,000 | +18.4% | $215,000 | $670,000 | 28 |
| 2011 | $368,750 | -3.1% | $202,500 | $1,200,000 | 24 |
| 2012 | $365,000 | -1.0% | $235,000 | $1,200,000 | 32 |
| 2013 | $405,000 | +9.9% | $232,000 | $1,100,000 | 36 |
| 2014 | $375,000 | -8.0% | $220,000 | $1,050,000 | 19 |
| 2015 | $420,000 | +10.7% | $270,000 | $832,000 | 28 |
| 2016 | $460,000 | +8.7% | $257,000 | $942,500 | 34 |
| 2017 | $475,000 | +3.2% | $315,000 | $775,000 | 18 |
| 2018 | $575,000 | +17.4% | $425,000 | $1,130,000 | 18 |
| 2019 | $550,000 | -4.5% | $385,000 | $1,070,000 | 23 |
| 2020 | $580,000 | +5.2% | $375,000 | $850,000 | 16 |
| 2021 | $730,000 | +20.5% | $475,000 | $1,310,000 | 42 |
| 2022 | $915,000 | +20.2% | $455,000 | $2,120,000 | 35 |
| 2023 | $820,000 | -11.6% | $460,000 | $1,818,000 | 23 |
| 2024 | $540,000 | -51.9% | $460,000 | $1,700,000 | 9 |
Median Sale Price
$695K
Based on 23 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
-32.4%
Current Median Price: $695,000
Previous Median Price: $920,000
Based on 60 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $300 | 0.0% | $170 | $350 | 10 |
| 2012 | $280 | -7.1% | $200 | $500 | 14 |
| 2013 | $290 | +3.4% | $260 | $600 | 13 |
| 2014 | $330 | +12.1% | $240 | $595 | 9 |
| 2015 | $340 | +2.9% | $260 | $700 | 14 |
| 2016 | $320 | -6.3% | $250 | $370 | 11 |
| 2017 | $340 | +5.9% | $270 | $350 | 8 |
| 2018 | $395 | +13.9% | $320 | $600 | 19 |
| 2019 | $365 | -8.2% | $290 | $550 | 15 |
| 2020 | $440 | +17.0% | $325 | $475 | 10 |
| 2021 | $460 | +4.3% | $350 | $680 | 20 |
| 2022 | $450 | -2.2% | $340 | $800 | 5 |
| 2023 | $500 | +10.0% | $390 | $550 | 10 |
| 2024 | $495 | -1.0% | $495 | $495 | 1 |
Median Rent Price
$495
per week
Based on 9 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
-5.1%
Current Median Rent: $495
Previous Median Rent: $520
Based on 15 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $695,000
Current Median rent: $495
Based on 32 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Garfield
Houses sold in Last 12 months ends 13 Apr 2024
$1.67M
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$1.67M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M (Median Price Range) | 1 | |
Similar Suburbs to Garfield 3814
Based on median house sale price sold in last 12 months
Schools closest to Garfield, VIC 3814
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Garfield Primary School | 84 RAILWAY AVENUEGarfield 3814 | Primary | Government | 0.45 km |