OFF MARKET

5 Royal Parade
Parkdale VIC 3195

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 234m2
Land area: 1202m2
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Property Details for 5 Royal Pde, Parkdale

5 Royal Pde, Parkdale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1202m2 and floor size of 234m2. While the property is not currently for sale or for rent, it was last sold in September 2012.

Building Type
House
Year Built
1980
Floor Size
234m2
Land Size
1202m2
Local Government
Kingston
Lot/Plan
1/TP818998

Last Listing description (November 2024)

Taking in spectacular views of both the Dandenongs and Port Phillip Bay from its elevated position high above Parkdale, this classic home on an exceptional 1,202sqm (approx) presents buyers with an extraordinary, once-in-a-lifetime opportunity in a location to match.
A home that provides families with immediate comfort and space - complete with a sparkling fully-tiled pool and backyard to love - there are also countless exciting possibilities for the sites future. Update the interiors to create a setting befitting of the first-class beachside address. Consider crafting a brand-new luxury masterpiece to take you and your family through every stage in up-to-the-minute style; or explore options for a potential subdivision that capitalises on the magnificent proportions and unbeatable position just metres to the bay (STCA).
Timelessly appealing, the existing clinker brick home spans three generous levels and boasts a choice of formal and casual living areas, including the second-floor retreat with balconies and far-reaching views to the bay on one side and Dandenongs on the other.

Quality appliances star in the central modern kitchen while four bedrooms and two bathrooms are among the residences many family-pleasing inclusions.
Polished hardwood floors and plantation shutters add a touch of effortless style while also offered are ducted heating, two open fireplaces, a full laundry, alarm and split system heating/cooling. There is also the convenience of a double auto garage while
a sheltered alfresco terrace is the perfect spot to relax as the kids play in the pool or on the expansive back lawn.
One of the highest points in Parkdale with arguably the best views, this rare and significant parcel is within moments of public transport, Mentones elite private schooling options, cafes, restaurants and shops. It is also approximately 400 metres to the waters edge and in the sought-after Parkdale Secondary zone.
For more information about this once-in-a-lifetime opportunity, please contact Mathew Cox at Buxton Mentone on 0413 102 224

Property History for 5 Royal Pde, Parkdale, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$1,305,000
15 Sep 2012
  • 25 Nov 2024
    Sold
  • 19 Aug 2024
    Listed for Sale Private Sale $2,700,000 - $2,900,000
  • 15 Sep 2012
    Sold for $1,305,000
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About Parkdale 3195

The size of Parkdale is approximately 3.6 square kilometres. It has 14 parks covering nearly 7.2% of total area. The population of Parkdale in 2011 was 11,184 people. By 2016 the population was 11,744 showing a population growth of 5.0% in the area during that time. The predominant age group in Parkdale is 40-49 years. Households in Parkdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkdale work in a professional occupation. In 2011, 73.6% of the homes in Parkdale were owner-occupied compared with 74.2% in 2016.

Parkdale has 6,110 properties. Over the last 5 years, Houses in Parkdale have seen a 15.41% increase in median value, while Units have seen a 16.96% increase. As at 31 October 2024:

  • The median value for Houses in Parkdale is $1,470,539 while the median value for Units is $791,133.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Parkdale on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Parkdale.

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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.