OFF MARKET

127-129 Park Drive
Parkville VIC 3052

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 266m2
Land area: 541m2
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Property Details for 127-129 Park Dr, Parkville

127-129 Park Dr, Parkville is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1879. The property has a land size of 541m2 and floor size of 266m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Year Built
1879
Floor Size
266m2
Land Size
541m2
Local Government
Melbourne
Lot/Plan
6~N1/PP2796G

Last Listing description (September 2016)

A landmark opening on one of prestigious Parkville South's largest allotments, this tightly-held residence c1879 stands on two titles featuring substantial landscaped garden and extra-wide double frontage with rear access to Ievers Reserve lane. This unique city-fringe sanctuary represents a significant opportunity to acquire a magnificent 545sqm property (approx.) in a premier village position surrounded by Royal Park, Melbourne University and major hospitals. Enjoyed for its succession of flexible spaces, light-filled living and glorious garden aspects including marvelous mulberry tree; this elegant double-fronted, two-level home with potential to further improve offers four bedrooms (main with parents retreat), study/office, craft room, TV lounge, sitting room with open fireplace, family/dining area opening to bluestone alfresco terrace, bright kitchen/meals (Gaggenau and Neff appliances), two bathrooms, European laundry, exceptional storage, heritage ceilings, heating, alarm, remote-control garage and stunning architect-designed studio/consulting suite with kitchenette and separate rear access.

Property History for 127-129 Park Dr, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$3,520,000
26 Sep 2015
  • 26 Sep 2015
    Sold for $3,520,000
  • 28 Aug 2015
    Listed for Sale Sold $3,520,000
  • 05 Oct 1979
    Sold for $166,000

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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 4,020 properties. Over the last 5 years, Houses in Parkville have seen a -18.72% decrease in median value, while Units have seen a -1.60% decrease. As at 31 October 2024:

  • The median value for Houses in Parkville is $1,821,712 while the median value for Units is $578,801.
  • Houses have a median rent of $750 while Units have a median rent of $525.
There are currently 7 properties listed for sale, and 18 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 138 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.