SOLD
Sold on 17 Feb 2024 for $650,000

18/248-258 The Avenue
Parkville VIC 3052

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 2189m2
Sold By
Belle Property Carlton
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Property Details for 18/248-258 The Avenue, Parkville

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.

Building Type
Unit
Year Built
1970
Floor Size
61m2
Land Size
2189m2
Local Government
Melbourne
Lot/Plan
18/RP2559

Last Listing description (February 2024)

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.

Property History for 18/248-258 The Avenue, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$650,000
17 Feb 2024
Listed for Rent
$395/w
14 Jun 2018
  • 17 Feb 2024
    Sold for $650,000
  • 30 Jan 2024
    Listed for Sale $650,000
  • 29 May 2018
    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 4,062 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:

  • The median value for Houses in Parkville is $1,704,629 while the median value for Units is $569,474.
  • Houses have a median rent of $673 while Units have a median rent of $530.
There are currently 6 properties listed for sale, and 11 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Parkville.

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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.