302/8 Garfield Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

302/8 Garfield Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 3471m2
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Property Details for 302/8 Garfield St, Richmond

302/8 Garfield St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 3471m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
2015
Land Size
3471m2
Local Government
Yarra
Lot/Plan
302/PS721872

Last Listing description (August 2024)

Nestled in the heart of Richmond on the serene Garfield Street, this spacious 1-bedroom apartment offers a perfect blend of style, comfort, and convenience. Whether you're a first-time buyer, a professional seeking a city pad, or an investor looking to expand your rental portfolio, this property promises a lifestyle of ease and enjoyment.

Key Features:
- Expansive Living Room and Balcony: Step into an airy, open living space that flows seamlessly onto a generous balcony. The floor-to-ceiling windows flood the apartment with natural light, creating a warm and inviting atmosphere while providing stunning views of the surrounding area. This expansive living area is perfect for entertaining guests or simply relaxing in your own private oasis.

- Stylish Flooring: The apartment features elegant floorboards in the living areas, making cleaning and maintenance a breeze. These stylish floorboards add a touch of sophistication to the space. Meanwhile, the bedroom is carpeted, offering added comfort and a cozy retreat at the end of the day.

- Prime Location: Enjoy the best of both worlds with this apartment's peaceful setting on Garfield Street. Although removed from the noise and hustle of the main roads, you're just a short walk away from Richmond's finest amenities. Victoria Street, known for its amazing restaurants, convenient shopping centers, and excellent public transport options, is only minutes away. This prime location ensures you have everything you need at your fingertips while enjoying the tranquility of a quiet neighborhood.

- Secure Parking: This apartment offers great value, featuring one secured car park. Your vehicle will always be safe and easily accessible, providing added peace of mind and convenience.

- Investment Opportunity: For investors aiming to diversify their rental portfolio, don't miss this unit. Given its close proximity to the city center, the rental potential is promising in the current market. The location, combined with the apartment's features, makes it an attractive option for renters, ensuring a steady return on investment.

Don't miss out on this fantastic opportunity, this could be the perfect home or investment opportunity you've been searching for. Act now and secure your future in one of Richmond's most desirable locations!

Property History for 302/8 Garfield St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$380,000
11 Jun 2024
Listed for Rent
$380/w
15 Jun 2020
  • 11 Jun 2024
    Sold for $380,000
  • 29 May 2024
    Listed for Sale $355,000 - $380,000
  • 15 Jun 2020
    Listed for Rent - Price not available
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. It has 20 parks covering nearly 4.9% of total area. The population of Richmond in 2016 was 27705 people. By 2021 the population was 28587 showing a population growth of 3.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 43.00% of the homes in Richmond were owner-occupied compared with 40.80% in 2016.

Richmond has 22,570 properties. Over the last 5 years, Houses in Richmond have seen a 7.15% increase in median value, while Units have seen a 7.35% increase. As at 30 November 2025:

  • The median value for Houses in Richmond is $1,457,505 while the median value for Units is $650,028.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 58 properties listed for sale, and 50 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 938 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.