305/8 New Street, Richmond, VIC 3121 sold on 12 January 2026 | OnTheHouse
SOLD
Sold on 12 Jan 2026 for $520,000

305/8 New Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 451m2
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Property Details for 305/8 New St, Richmond

305/8 New St, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 451m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
55m2
Land Size
451m2
Local Government
Yarra
Lot/Plan
305/PS726105

Last Listing description (February 2025)

Move in and enjoy this recently built architecturally designed building in the heart of Richmond. Featuring a well-equipped kitchen with gas cooking and quality appliances, ample cupboard space that flows to the open plan living and dining area and entertainers balcony. Offering two separate queen-sized bedrooms with built in robes and one with direct access to the balcony, central bathroom, separate European laundry, split system heating and cooling, secure car space & storage cage. Perfectly positioned only moments from Bridge Roads cafes, restaurants, trams and boutique stores, Victoria Gardens Shopping Centre, West Richmond Train Station 150m away and the scenic Yarra Trail to the CBD. An inspection is a must!

Property History for 305/8 New St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$520,000
12 Jan 2026
Listed for Rent
$475/w
24 Nov 2022
  • 12 Jan 2026
    Sold for $520,000
  • 05 Jan 2025
    Listed for Rent $600 / week
  • 09 Nov 2022
    Listed for Rent $475 / week
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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 22,713 properties. Over the last 5 years, Houses in Richmond have seen a 11.01% increase in median value, while Units have seen a 5.71% increase. As at 28 February 2026:

  • The median value for Houses in Richmond is $1,496,797 while the median value for Units is $643,047.
  • Houses have a median rent of $760 while Units have a median rent of $600.
There are currently 75 properties listed for sale, and 46 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1031 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.