OFF MARKET

25 Royal Parade
Parkville VIC 3052

Bedrooms: 5
Bathrooms: 1
Car spaces: -
Floor area: 189m2
Land area: 183m2
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Property Details for 25 Royal Pde, Parkville

25 Royal Pde, Parkville is a 5 bedroom, 1 bathroom House and was built in 1886. The property has a land size of 183m2 and floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1886
Floor Size
189m2
Land Size
183m2
Local Government
Melbourne
Lot/Plan
1/TP513993

Last Listing description (July 2024)

This commanding semi-detached Victorian terrace with Boom Style faade and grand proportions offers a unique opportunity to reimagine the future in popular Parkville opposite The University of Melbourne. The flexible floorplan offers eight principle rooms of generous proportions - presenting tremendous scope for diverse use including medical suites, offices or residential living (STCA). Featuring soaring ceilings embellished with ornate detailing, a grand arched hallway, cast iron lacework, original fireplace, kitchenette and powder room, split system heating and cooling throughout plus underground cellar/storage rooms and large rear courtyard with direct pedestrian access to Jageurs Lane allowing for potential off-street parking.Wonderfully located on the CBD edge within the popular University and Hospital precincts, parklands and public transport on the doorstep and nearby Metro tunnel to support future property growth and accessibility. Well placed to support whatever your future plans may be, this is a rare and exciting opportunity in an unbeatable location brimming with potential and flexibility while paying homage to the history of this unique property. A rare offering for both owner occupiers and investors alike reap the rewards now and into the future!Property Features:- Prime Royal Parade Real Estate- Neighbourhood Residential Zone (NRZ4)- Land Area 183m2 (approx.)- Building Area 155m2 (approx.)- Beautiful Rear Courtyard & Garden- Fully Self Contained- Opposite Melbourne University- Close to The Royal Melbourne Hospital & The Royal Childrens Hospital- Office or Medical or Residential or Educational (STCA)- Stunning Property- Heating & Cooling Throughout- Stunning Period Features- Front & Rear Access- Vacant Possession- Inspection will Impress!Open for Inspection:Saturday 3rd Aug 9.00am-9.30am

Property History for 25 Royal Pde, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$2,563,000
16 Oct 2021
Listed for Rent
$50k/w
03 Oct 2023
  • 22 May 2024
    Listed for Sale Private Sale $2,249,000
  • 15 Feb 2022
    Listed for Rent - Price not available
  • 16 Oct 2021
    Sold for $2,563,000

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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 4,060 properties. Over the last 5 years, Houses in Parkville have seen a 6.19% increase in median value, while Units have seen a 4.83% increase. As at 31 July 2024:

  • The median value for Houses in Parkville is $2,136,234 while the median value for Units is $593,249.
  • Houses have a median rent of $965 while Units have a median rent of $525.
There are currently 5 properties listed for sale, and 8 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 138 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.