Garfield

Garfield, VIC 3814, is a growing suburb with a total population of 2114. The population has been steadily increasing over the past years, with a diverse age group distribution. The suburb offers a mix of occupations, with a notable number of Technicians and Tradeworkers, Professionals, and Managers. Residents have access to various commuting options, with a significant number choosing to commute by motor vehicle. For investors interested in houses, Garfield presents a good opportunity with a high median growth rate and a low vacancy rate. The suburb has shown consistent growth in median prices over the past years, making it an attractive option for property developers as well. On the other hand, units in Garfield also show promising growth potential with a solid rental yield and an upward trend in median prices. Garfield, VIC 3814, offers a vibrant community with a mix of demographics and a range of amenities catering to residents' daily needs. The suburb provides promising opportunities for both house and unit investors, with strong growth potential and low vacancy rates indicating a healthy property market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022