18/248-258 The Avenue, Parkville is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 2189m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Parkville in the last 12 months.
Located idyllically between the green expanses of Princes Park and Royal Park, this spacious one-bedroom apartment presents a stellar opportunity for first-time homebuyers or as a savvy investment.
A welcoming entry introduces the bright north-facing living and dining room complemented by an updated kitchen, complete with stainless steel appliances including an oven, gas cooktop, and dishwasher, as well as a breakfast bar providing a casual spot for morning coffee. Bringing the outside in, two big picture windows frame calming views of the nearby park's greenery as well as filtering in wonderful natural light. The bedroom, with built-in robes, is situated conveniently on the right of the entry, as is the separate bathroom appointed with laundry amenities and a chic vanity with drawers.
The amenities are rounded out with hallway storage, a nook to set up a computer desk, and the invaluable addition of a lock-up garage.
The dynamic location serves as an 'avenue' to a lifestyle that offers the best of both worlds - city buzz and parkland peace. Across the road from the golf course and a short walk to tennis courts, this property is also located at the city's fringe, it provides easy access to public transport and prestigious educational institutions, with Royal Parade trams, trains, and prominent universities such as The University of Melbourne and RMIT just moments away. Discover the plethora of restaurants and live music venues on Sydney Road, Rathdowne and Lygon Street, just a short walk from Barkley Square shopping.
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 4,062 properties. Over the last 5 years, Houses in Parkville have seen a -24.43% decrease in median value, while Units have seen a 2.05% increase. As at 30 November 2024:
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