503/8 Garfield Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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503/8 Garfield Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 3471m2
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Property Details for 503/8 Garfield St, Richmond

503/8 Garfield St, Richmond is a 2 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 60m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2015
Floor Size
60m2
Land Size
3471m2
Local Government
Yarra
Lot/Plan
503/PS721872

Last Listing description (February 2024)

This stunning East-facing 2-bedroom apartment located at 503/8 Garfield Street in Richmond is a true gem. With its modern design and convenient location, this property is perfect for those seeking a comfortable and stylish urban lifestyle.

As you step inside, you will be greeted by a spacious and light-filled living area, perfect for relaxing or entertaining guests. The apartment boasts two well-appointed bedrooms, providing ample space for a small family or professionals looking for a home office.

The bathroom is sleek and modern, featuring high-quality fixtures and finishes. The apartment also includes a garage space, ensuring your vehicle is secure and protected.

One of the standout features of this property is the air conditioning, providing year-round comfort no matter the weather outside. Whether it's a hot summer day or a chilly winter evening, you can always enjoy the perfect indoor temperature.

Located in the heart of Richmond, this apartment offers easy access to a wide range of amenities. From trendy cafes and restaurants to boutique shops and parks, everything you need is just a short stroll away. The vibrant nightlife of Richmond and the bustling CBD are also within close proximity, ensuring you're never far from the action.

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Property History for 503/8 Garfield St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$525,000
02 Dec 2023
Listed for Rent
31 May 2021
  • 02 Dec 2023
    Sold for $525,000
  • 21 Nov 2023
    Listed for Sale $480,000 - $520,000
  • 07 Dec 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 51 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 938 properties were sold in the past 12 months in Richmond.

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© Copyright 2025. 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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