SOLD
Sold on 25 May 2024 for $885,000

16/2 Macarthur Road
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 118m2
Land area: 2427m2
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Sold By
Nelson Alexander Carlton North
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Property Details for 16/2 Macarthur Rd, Parkville

16/2 Macarthur Rd, Parkville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 2427m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Parkville in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
118m2
Land Size
2427m2
Local Government
Melbourne
Lot/Plan
27/PS337994

Last Listing description (May 2024)

Superbly located away from the street on the north side of this prestigious, well-maintained building enveloped by the endless trails and parklands of Royal and Princes Parks, this expansive north facing apartment presents enticing downsizer appeal with its larger-than-most proportions and enviable city-fringe location.

Securely positioned on the 2nd floor, the spacious & light-filled interior features a good sized open plan kitchen with adjoining dining & living zones opening onto a delightful alfresco balcony. Two bedrooms (including a huge master with study area, WIR and ensuite) 2nd central main bathroom with bath, and a full-sized laundry plus undercover parking space to complete this special property.

Move in and enjoy with enticing scope to update in the future, this terrific opportunity celebrates a coveted location to match. Stroll to acres of peaceful parklands and city bound transport, plus Universities, Melbourne Zoo and popular hospitals all within easy reach. Downsizers, city professionals and buyers valuing secure, community-minded accommodation will relish in this terrific opportunity, where comfortable living and local amenity seamlessly combine.

Other features include wall panel heating, security entry foyer, lift access & more.

A rare buying opportunity in a prime lifestyle location. Make it yours!

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Property History for 16/2 Macarthur Rd, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$885,000
25 May 2024
  • 25 May 2024
    Sold for $885,000
  • 08 May 2024
    Listed for Sale Auction $800,000 - $850,000

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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 4,030 properties. Over the last 5 years, Houses in Parkville have seen a -8.06% decrease in median value, while Units have seen a 5.48% increase. As at 30 September 2024:

  • The median value for Houses in Parkville is $1,901,930 while the median value for Units is $590,774.
  • Houses have a median rent of $950 while Units have a median rent of $525.
There are currently 7 properties listed for sale, and 15 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Parkville.

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