The demand for a semi-rural lifestyle on the outer fringes of Melbourne’s suburbs continues to grow with property buyers seeking their tree-change in townships such as Garfield where real estate sales are reaching new heights.
With new records being achieved almost daily throughout Melbourne’s southeast, the underlying strength of the property market has crept out to the semi-rural township of Garfield on Melbourne’s fringe.
The small railway towns from Nar Nar Goon to Bunyip have long been popular with young families looking to escape the crowds of Pakenham and neighboring suburbs of Berwick, Beaconsfield, and Officer to embrace a simple lifestyle in these semi-rural havens.
Located within a one-hour drive from Melbourne’s CBD and serviced by the Melbourne to Traralgon, and Melbourne to Bairnsdale railway lines, Garfield is a growing town with a quaint rural feel.
Quality schools, parkland, access to state forests and all that Gippsland has to offer, along with a laid back, family-friendly environment has seen the demand for Garfield and surrounding areas grow steadily as Melbourne’s inner suburbs surge.
Serviced by a retail precinct considered to be of Heritage value, buyers new to the area benefit from a local butcher, bakery, Café and Foodstore, Chemist, and various gift shops. Major supermarkets can be found in Pakenham, 15kms to the west and Warragul, 20kms to the east via the Princes Highway.
The small semi-rural township of Garfield
House prices are exceeding $1Million Dollars
The median house price in Garfield is $690,000 and the demand for housing, at 1258 views per property for sale, is high compared to Victoria’s average of 1646 views per property listed on realestate.com.au.
‘Lifestyle property (a residence on an acre or more), regularly surpass $1million dollars, and recently a residential sale completed by First National Neilson Partners eclipsed the million-dollar mark, selling above the vendor's expectations, says Todd McKenna, First National Neilson Partners Managing Director.
‘An immaculate family home, in a mature garden setting recently saw very strong buyer enquiry which resulted in intense competition with numerous proposals beyond the million-dollar mark.’
‘The result reflects the demand for quality housing and enforces the desire of families seeking a semi-rural lifestyle within a small village atmosphere. A trend of young families and alike moving away from crowded town centers to a more relaxed way of life.’
9 Kerry Place, Garfield generated strong buyer competition.
The Covid-19 pandemic has challenged us all and changed the way we interact with our workplaces, fueling the desire for a better work-life balance.
‘Many property buyers are opting for larger houses and more room to move in regional areas, says Todd.
‘Never has there been a better time to capitalize on the strength of the market. For those looking to sell their house, now is the time.’
Contact Nyall Greene or Matt Clark, your lifestyle specialists.
*REQUEST A FREE MARKET APPRAISAL*
*FOR SALE*
