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8 Archer Road, Garfield VIC 3814

$590,000 - $649,000

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$590k - $620k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 4 Cars 1132 m²

Listed: 7 days ago

Overview

Situated on a substantial 1,132sqm elevated block in the rural township of Garfield, this property offers a unique prospect for those looking to invest in land and location. The sweeping panoramic views of the surrounding district are a striking feature, visible from the main bedroom, kitchen, and living areas, enhancing the sense of space and tranquillity.

The existing home, rich in character with its high ceilings and timber floorboards, provides a comforting blend of vintage charm and functional living. Its original kitchen retains classic appliances, and the open-plan kitchen, meals, and living areas benefit from reverse-cycle air conditioning for year-round comfort. Each bedroom is well-appointed with built-in cabinetry, showing thoughtful storage solutions indicative of the period.

Outside, the property's generous scale truly shines. Drive-through access from the carport opens up to an extensive backyard, affording a flexible and ample area suitable for various uses such as gardening, recreation, or further development subject to council approval. Complementing this space is a robust 9.7m by 10m powered workshop and multiple sundry sheds, emphasising practicality for hobbyists, renovators, or those requiring substantial storage or workspace.

This property will appeal to renovators seeking a home with character and potential, developers considering subdivision possibilities (STCA), or buyers looking for a sizeable landholding close to Melbourne with excellent transport access including proximity to the M1 freeway and Vline train station. After being held within the same family for over 70 years, it represents a rare opportunity to secure a versatile and promising property in the area.

Local Market Insights

In Garfield, Quiet Listings observed 3 new houses entering the market over the last 30 days, down from 6 during the previous 30-day period, with an average advertised asking price of $758,333. The property type mix of listed properties is predominantly Houses at 60%, followed by land (20%), and townhouses (20%). The most active agency for houses in the Garfield area is currently First National, representing 33% of new listings, followed by Ray White with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.