Unit 403, 8 GARFIELD STREET Richmond VIC 3121
This property is Off Market
- The Average property price in this area is $1,179,500, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 4.22 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Richmond (Vic.)
With an average age of 34, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $395. The average family earns a weekly income of $2,805 with a typical household size of 1.6 and a 96.83% employment rate.
Consistent high demand relative to supply is a key feature in Richmond driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Richmond ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Richmond classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Richmond requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Stop 61: Bridge Road
Stop 18: Church Street
Stop 19: Richmond Town Hall
Stop 19: Richmond Town Hall
Stop 20: Coppin Street
Stop 20: Coppin Street
Stop 60: Abinger Street
Stop 60: Abinger Street
Stop 60: Abinger Street
Stop 60: Abinger Street
General Points of Interest
Hall's Taekwondo Centre
Green Acres Golf Club
Trinity College
Como Centre
Admiral Creswell Memorial
Melbourne Cricket Ground
Olympia Gymnasium
Centenary Bridge Pillar
Flemington Grandstand
Malvern Valley Public Golf Course
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 3198 asthma sufferers and 1059 people living with diabetes. In addition, 1005 people have a heart/vascular condition and 2432 people live with three or more chronic diseases.A good place to invest in property?
Richmond (Vic.) a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
77 / 100
52 / 100
Industry
100 / 100
17 / 100
Population
66 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
100 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCollingwood College Melbourne Girls College Richmond West Primary School
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Sophia Mundi Steiner School
Abbotsford, VIC, 3067 Independent Prep-12 -
Abbotsford Primary School
Abbotsford, VIC, 3067 State Prep-6 -
Yarra Primary School
Richmond, VIC, 3121 State Prep-6 -
St Joseph's School
Collingwood, VIC, 3066 Independent Prep-6 -
Collingwood College
Collingwood, VIC, 3066 State U, Prep-12 -
Lynall Hall Community School
Richmond, VIC, 3121 State U, 7-12 -
Collingwood English Language School
Collingwood, VIC, 3066 State Prep-12 -
Melbourne Indigenous Transition School
Richmond, VIC, 3121 Independent 7 -
Richmond West Primary School
Richmond, VIC, 3121 State Prep-6
Property Story
Unit 403, 8 Garfield Street, Richmond, Vic, 3121 is a residential property . The estimated distance to the sea is 4.22km and 0.92KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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