Back 503/8 Garfield St
Off Market

503/8 Garfield St

Richmond VIC 3121

2
1
1
3471 m²
Apartment
Last sold for $515,000
David UmanaDavid Umana, last sold this property on 20 March 2026 after 36 days on market.

Overview

Quality Inner City Richmond Living

• $650 - $700 per week rental return • Additional lock away external storage • A short walk to Victoria Street and Bridge Road restaurants, cafes and bars •30 minute walk to CBD via picturesque Fitzroy Gardens • Expansive living and meals is flooded with natural light and has amazing versatility for your lifestyle. • Stone kitchen will impress home cooks with a sleekly tiled splash back and premium stainless steel appliances. • Balcony for alfresco meals and entertaining, elegant bathroom with floor-to-ceiling tiles and the finest of finishes. • European laundry, timber flooring, split system heating and cooling, secure intercom. • Located right across the North Richmond station and two blocks away from the trams to CBD, MCG and Victoria Gardens. The Hub is an exciting residential development positioned in the heart of Richmond's vibrant inner-city lifestyle. This stunning two-bedroom apartment offers a thoughtfully designed layout featuring a generous entrance hallway, two well-proportioned bedrooms with built-in wardrobes, a spacious central bathroom, and a separate laundry. The light-filled open-plan kitchen and dining area flows seamlessly to a front-facing balcony, creating an ideal space for both everyday living and entertaining. Additional features include a secure car space and storage cage. Located just 2.5km from Melbourne's CBD, the apartment enjoys effortless access via tram, cycling paths, or on foot. Southbank, Crown Casino, the National Gallery of Victoria, and Federation Square are all within easy reach, placing you at the centre of Melbourne's cultural, dining, and entertainment precincts. The Hub is a well-designed and highly sought-after development, perfectly suited to those seeking a dynamic inner-urban lifestyle-day or night, everything you need is only minutes away.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
3471 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Richmond over the last 12 months, the estimated median property value of 503/8 Garfield St is $645k.

Median value
$645k
Estimated value range
$400k - $1.3m
Median days on market
24
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Richmond. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 503/8 Garfield St

2026
Sold
$515,000
20 Mar 2026 by David Umana, of Ray White Southbank | Melbourne City
2023
Sold
$525,000
05 Dec 2023 by Austen Kosasih, of Ray White Southbank | Melbourne City
2023
Rented
Undisclosed
Leased on 19 Nov 2023 by Ray White Southbank | Melbourne City

Happy sellers in Richmond

91%
91% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Richmond over the last 12 months.

Local market activity for 2 bedroom apartments in Richmond

In the last 12 months, 196 two-bedroom apartments similar to 503/8 Garfield St, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

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