SOLD
Sold on 01 Nov 2023 for $870,000

1/283-291 Royal Parade
Parkville VIC 3052

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 2446m2
Sold By
Nelson Alexander Carlton North
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Property Details for 1/283-291 Royal Pde, Parkville

1/283-291 Royal Pde, Parkville is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 2446m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Townhouse sold in Parkville in the last 12 months.

Building Type
Townhouse
Floor Size
90m2
Land Size
2446m2
Local Government
Melbourne
Lot/Plan
1/RP9682

Last Listing description (November 2023)

Opposite Princes Park on one of Melbourne's premier tree-lined boulevards, this ground-floor apartment presents an outstanding inner-city lifestyle or investment opportunity with its impressive dimensions, quality inclusions and timeless Art Deco appeal.
Instantly alluring, the home's impeccable interior showcases a central hallway accessing two genuinely large bedrooms both serviced by a stylish bathroom. Spacious and versatile, the light-filled lounge flows through to the formal dining room (or 3rd bedroom) and separate kitchen complete with stainless-steel cooking appliances and dishwasher. Other stand-outs include a gas heater, high ceilings, original stained timberwork and solid hardwood floors, plus dual entrances, a single lock-up garage (access via Mile Lane behind) and shared laundry facilities.
A short stroll to the tram stop (route 19), Melbourne University and Melbourne Zoo, it's also close to Royal Park Golf Course, Royal Park Station, Parkville's hospital precinct and the Inner-Circle Rail Trail.

Owner Corp $4,800. Council Rate $1,562.

Property History for 1/283-291 Royal Pde, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$870,000
01 Nov 2023
Listed for Rent
$500/w
20 Dec 2012
  • 01 Nov 2023
    Sold for $870,000
  • 12 Oct 2023
    Listed for Sale Under Offer
  • 24 Oct 2012
    Listed for Rent - Price not available
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About Parkville 3052

The size of Parkville is approximately 4.1 square kilometres. It has 23 parks covering nearly 51.1% of total area. The population of Parkville in 2011 was 6,192 people. By 2016 the population was 7,417 showing a population growth of 19.8% in the area during that time. The predominant age group in Parkville is 20-29 years. Households in Parkville are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Parkville work in a professional occupation. In 2011, 39% of the homes in Parkville were owner-occupied compared with 31.6% in 2016.

Parkville has 4,061 properties. Over the last 5 years, Houses in Parkville have seen a -5.32% decrease in median value, while Units have seen a 6.12% increase. As at 31 August 2024:

  • The median value for Houses in Parkville is $1,962,892 while the median value for Units is $599,056.
  • Houses have a median rent of $980 while Units have a median rent of $525.
There are currently 7 properties listed for sale, and 7 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Parkville.

Suburb Insights for Parkville 3052

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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.