SOLD
Sold on 15 May 2024 for $550,000

3/8 Garfield Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Sold By
Jellis Craig Richmond & Surrounds
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Property Details for 3/8 Garfield St, Richmond

3/8 Garfield St, Richmond is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
77m2
Local Government
Yarra
Lot/Plan
G03/PS721872

Last Listing description (May 2024)

Promoting upscale quality inside West Richmond's acclaimed 'The Hub', this spacious lifestyle prize delivers ground level ease ideal for discerning downsizers, savvy investors, and astute starters alike. Providing plentful space to work, unwind, and entertain, an expansive main area integrates living and dining zones, with expanses of glass attracting streams of refreshing sunlight. A home chef's kitchen sees on trend tiled and stone surfaces accompanied by a stainless Smeg oven/gas top and Fisher & Paykel DishDrawer, while a completely covered terrace offers a tranquil space to enjoy cloudless afternoons. Brilliant black hues adorn a superb main bathroom and master ensuite, while excellent robe storage lines a pair of substantial bedrooms. Configured for carefree comfort and freedom of flow, features include reverse cycle heating and cooling, wide board timber floors, a European laundry, video intercom, and garage space with additional storage. A quick and easy stroll over Punt Road to reach East Melbourne's picturesque parks and gardens, with Bridge Road and Victoria Street precincts, North and West Richmond Stations, Yarra trails, and the MCG just metres away.

Property History for 3/8 Garfield St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$550,000
15 May 2024
Listed for Rent
$560/w
18 Jan 2023
  • 15 May 2024
    Sold for $550,000
  • 28 Feb 2024
    Listed for Sale $500,000 - $550,000
  • 12 Jan 2023
    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 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 22,330 properties. Over the last 5 years, Houses in Richmond have seen a 19.38% increase in median value, while Units have seen a 4.09% increase. As at 31 August 2024:

  • The median value for Houses in Richmond is $1,450,223 while the median value for Units is $622,221.
  • Houses have a median rent of $760 while Units have a median rent of $575.
There are currently 71 properties listed for sale, and 72 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 949 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.