Is Garfield a good investment in 2026? Yes, Garfield presents opportunities for property investors, backed by promising data trends such as the median house price of $848k and a recent quarterly growth of +13.0% according to DataVic/REIV. These trends position Garfield as a suburb with significant investment potential.
- The median house price in Garfield is $848k with a quarterly growth of +13%.
- The suburb has a population of 2,114, with a median household income of $1,677 per week.
- Garfield’s median rent stands at $330 per week.
The short answer: Is Garfield a good investment in 2026?
Garfield continues to be an appealing choice for property investors due to its relatively affordable median house price of $848k and a strong quarterly growth rate of +13.0%, even though it experienced a slight year-on-year drop of -1.7%. Given the suburb’s demographic characteristics, such as a growing population of 2,114 and a median household income of $1,677 per week, Garfield positions itself as a viable option for both first-time and seasoned investors.
What do the numbers say in Garfield?
The data from the April to June 2025 quarter provides a clear picture of Garfield’s market dynamics. The suburb’s median sale price for houses is $848k, marking a quarterly increase of 13.0%. Despite a -1.7% annual change, this appreciation suggests recovery and robust performance in the local market. The Rosanna market offers a point of comparison, illustrating the competitive nature of the Melbourne housing scene.
What are the key considerations for investing in Garfield?
Investors must consider several factors beyond price and growth rates. Garfield offers relatively affordable median rent at $330 per week, making it attractive for rental property investors. The demographic profile of the suburb, including a median age of 39.0, lends itself to a stable rental market. Furthermore, Garfield’s accessibility to Melbourne adds to its allure. Comparing Garfield to other locations, such as Moorabbin and Montmorency, highlights its balance between growth potential and cost-effectiveness.
How does Collings help investors in Garfield?
Collings Real Estate plays a pivotal role in guiding investors through the decision-making process in Garfield. Our team offers extensive market insights and strategic planning support. Interested investors can talk to a Collings property strategist by calling 03 9486 2000 or emailing info@collings.com.au. Our portal also assists users in discovering off-market deals that further enhance investment decisions: Sign up here.
Frequently asked questions
Understanding the nuances of the Garfield property market can be daunting. Collings offers a detailed FAQ, addressing common concerns, from market trends to strategic investment tips, ensuring our clients are well-informed and confident.
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