402/8 Garfield Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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402/8 Garfield Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 3471m2
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Last updated 14 Sep 2026
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Property Details for 402/8 Garfield St, Richmond

402/8 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 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2015
Floor Size
51m2
Land Size
3471m2
Local Government
Yarra
Lot/Plan
402/PS721872

Last Listing description (March 2022)

Introducing a sleek and sophisticated design, featuring chic timber-floor finish & neutral interior, this ultra-spacious & modern single bedroom apartment makes for a tranquil & lavish home securely tucked away from the vibrancy of Richmond's renowned Victoria Street precinct. A fantastic opportunity not to be missed!

Conveniently located at 'The Hub' apartments, this first-class home comprises all the makings of a stand-out city abode and offers the ultimate inner-city lifestyle. Featuring a well-appointed Kitchen with stone benches, state-of-the-art integrated appliances and tiled splash back. The open-plan living & dining area featuring floor to ceiling windows opens unto an ultra-spacious balcony with city-skyline views. A generously sized & well-lit bedroom featuring natural light, large built in robes and ample storage space. Also comprising an Immaculately presented central bathroom with floor to ceiling tiles, high end fittings & extra-large shower.

Other features include a secure car space, secure video-intercom entry, lift access & bicycle storage.

Conveniently located in close proximity to the cultural delights of Victoria Street as well as the vibrancy of the CBD, enjoy some of the city's finest attractions without the commute.
Melbourne's iconic MCG, local cafe's & restaurants, Smith Street's buzzing Bars & boutiques, Victoria Gardens shopping centre, as well as easy access to public transport with Richmond Train station & Victoria Street trams just a short walk away,
This apartment is the perfect opportunity for an astute investor or a first home buyer wishing to secure a city-fringe home.

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Property History for 402/8 Garfield St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$345,000
16 Mar 2022
Listed for Rent
$350/w
24 May 2021
  • 16 Mar 2022
    Sold for $345,000
  • 12 Jan 2022
    Listed for Sale $340,000-$350,000
  • 06 May 2021
    Listed for Rent $367 / week
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the 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 22,749 properties. Over the last 5 years, Houses in Richmond have seen a -11.55% decrease in median value, while Units have seen a -1.96% decrease. As at 31 August 2026:

  • The median value for Houses in Richmond is $1,381,048 while the median value for Units is $644,082.
  • Houses have a median rent of $895 while Units have a median rent of $625.
There are currently 69 properties listed for sale, and 49 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1045 properties were sold in the past 12 months in Richmond.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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