OFF MARKET

23/8 Garfield Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 23/8 Garfield St, Richmond

23/8 Garfield St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2015
Local Government
Yarra
Lot/Plan
G23/PS721872

Last Listing description (September 2023)

- Stylish 1-bedroom apartment with a sleek design and ideal location.
- Rental yield of approximately 4.5% per annum.

- Inviting living space with an open floor plan, maximizing natural light and creating an airy atmosphere.
- Well-appointed kitchen with modern appliances, ample storage, and a chic breakfast bar.
- Serene bedroom with generous proportions and large windows featuring a built-in wardrobe.
- Well-appointed bathroom with elegant fixtures.
- Situated in vibrant Richmond, offering a cosmopolitan lifestyle with trendy cafes, renowned restaurants, boutique shops, and recreational facilities nearby.
- Excellent transport links for easy access to the city centre and other key destinations.
- Total outgoings, including Owners Corp fees, council rates, and water rates, do not exceed $5,500 per annum.
- Ideal for first-time buyers or astute investors, offering an enviable lifestyle, strong growth potential, and manageable expenses.
- Contact for more information or to arrange a private viewing.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property History for 23/8 Garfield St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$315,000
15 Sep 2023
Listed for Rent
$365/w
13 May 2020
  • 15 Sep 2023
    Sold for $315,000
  • 22 May 2023
    Listed for Sale Private Sale $315,000-$330,000
  • 23 Apr 2020
    Listed for Rent $365 / 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 2011 was 23,814 people. By 2016 the population was 27,711 showing a population growth of 16.4% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 43.2% of the homes in Richmond were owner-occupied compared with 40.8% in 2016.

Richmond has 22,219 properties. Over the last 5 years, Houses in Richmond have seen a 3.86% increase in median value, while Units have seen a 0.62% increase. As at 31 October 2024:

  • The median value for Houses in Richmond is $1,391,709 while the median value for Units is $612,696.
  • Houses have a median rent of $775 while Units have a median rent of $575.
There are currently 73 properties listed for sale, and 66 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 919 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.