Back 70 Railway Avenue
Off Market

70 Railway Avenue

Garfield VIC 3814

3
1
2
940 m²
House
Last sold for $585,000
Sarah McCallumSarah McCallum, last sold this property on 25 March 2026 after -15 days on market.

Overview

The Brief: Prime 940m² Development Opportunity – Invest, Renovate or Redevelop (STCA)

Its Addressed: Set on an expansive 940m² (approx.) allotment in a desirable pocket of Garfield, this property presents an outstanding opportunity for developers, investors or savvy buyers looking to capitalise on future growth. The existing residence is liveable and could be enhanced with some renovation, making it an ideal option to hold, rent or improve while you plan the next steps. Alternatively, the generous block size and surrounding unit developments in the area highlight the strong potential for a multi-dwelling project (STCA). Positioned conveniently close to local amenities, transport and the township, this is a location that continues to attract attention from developers and buyers alike. Key highlights: Approx. 940m² flat block Development potential with unit projects nearby (STCA) Existing home with scope to renovate or rent Strong long-term growth area Ideal landbank, renovation or redevelopment opportunity Rarely does a parcel of this size and potential become available in such a promising location. Whether you’re looking to invest now or develop for the future, 70 Railway Avenue is an opportunity not to be missed. Enquire today to explore the possibilities. "For more Real Estate in Garfield contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
940 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Garfield over the last 12 months, the estimated median property value of 70 Railway Avenue is $695k.

Median value
$695k
Estimated value range
$548k - $1.08m
Median days on market
34
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Garfield. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 70 Railway Avenue

2026
Sold
$585,000
25 Mar 2026 by Sarah McCallum, of Area Specialist Solutions
2026
Sold
$585,000
25 Mar 2026 by Sarah McCallum, of Area Specialist - Aspendale Gardens

Happy sellers in Garfield

85%
85% of sellers in Garfield reported that their sale price either exceeded or met their price expectations.

Garfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Garfield over the last 12 months.

Local market activity for 3 bedroom houses in Garfield

In the last 12 months, 16 three-bedroom houses similar to 70 Railway Avenue, have been sold.

This represents a 50% decrease in three-bedroom houses sales when compared to the previous 12 months.

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