Garfield, VIC 3814 is a growing suburb with a population exhibiting consistent growth over the years. The age distribution is well-spread, offering a diverse community for residents. The median income and property prices indicate a relatively affluent yet affordable area to live in. With various occupations represented, there is a good mix of professionals, technicians, and workers in the community. The suburb also provides options for commuting, with a notable portion working from home. For houses in Garfield, the suburb shows a balanced market with a decent yield and median growth rate. The sale price distribution suggests potential opportunities for renovators, given the higher sale price IQR ratio. Alternatively, for units, the market absorption rate is significantly high, indicating strong buyer demand. The unit market also demonstrates a healthy rental yield and promising growth rates, making it an appealing option for investors. Garfield, VIC 3814 offers a vibrant community with diverse demographics, suitable for homebuyers and investors alike. Residents can enjoy a range of amenities and commuting options, with a growing population and steady income levels. The suburb presents opportunities for property investment, particularly in houses for renovators and units for high rental demand. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022