OFF MARKET

159 Park Drive
Parkville VIC 3052

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 237m2
Land area: 226m2
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Property Details for 159 Park Dr, Parkville

159 Park Dr, Parkville is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1884. The property has a land size of 226m2 and floor size of 237m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1884
Floor Size
237m2
Land Size
226m2
Local Government
Melbourne
Lot/Plan
1/TP708034

Last Listing description (November 2022)

One of the South Parkville precinct's most impressive and illustrious residences - this evocative Victorian's integrity has been conserved and complemented by impressive period detail. Its original character and elegance are matched by modern elements on a corner site enhanced by a coveted northern aspect and extensive frontage to Bayles Street just one block from Royal Park.

Grandeur, grace, and beautiful Hawthorn brick define external aesthetics that introduce an interior of where superb spaces are distinguished by outstanding decorative details including pressed metal ceilings, classical wallpaper and elaborate moulded cornices. Romantic reception rooms lead to separate family, dining and kitchen dimensions and a downstairs bathroom while above, four bedrooms and two bathrooms include a main bedroom overlooking the superb return balcony.

Courtyard privacy and off-street parking add outdoor appeal to a property featuring a rich history, in a position that provides University High School zoning and desirable proximity to the Melbourne Biomedical precinct, Melbourne University campus, the Royal Melbourne Hospital the Royal Women's Hospital and the Royal Children's Hospital, the CBD and freeway access. A rare opportunity to capture an address where the past, the present and the future each hold exceptional appeal, accompanied by outstanding inner-city convenience.

Property History for 159 Park Dr, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$3,535,000
12 Nov 2022
  • 12 Nov 2022
    Sold for $3,535,000
  • 19 Oct 2022
    Listed for Sale Contact Agent
  • 28 Oct 2019
    Listed for Sale Contact Agent
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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 21 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 136 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.