SOLD
Sold on 30 May 2024 for $950,000

26/495 Royal Parade
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 2430m2
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Property Details for 26/495 Royal Pde, Parkville

26/495 Royal Pde, Parkville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 2430m2 and floor size of 78m2. 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
1970
Floor Size
78m2
Land Size
2430m2
Local Government
Melbourne
Lot/Plan
26/RP2177

Last Listing description (August 2024)

Revealing larger than expected proportions throughout, this superb apartment will be sure to impress. Opening out to a wide covered balcony with unique roof top outlooks, the established garden surrounds provide a tranquil sanctuary, moments from cosmopolitan Sydney Road and the convenience of Barkly Square.

The serene garden setting between Princes Park and Royal Park, combined with being well back from the street, provides a sense of quiet seclusion. Step inside and discover an open living area of exceptional space and flexibility, which flows beautifully to the sun-kissed North-facing balcony.

The smartly updated kitchen adjoins a casual meals area; two extra large bedrooms both have robes, a bright central bathroom has full size bath, while further features include wide entry hall, separate powder room and heating/cooling unit. Two car spaces and sizable brick storage room are in the secure ground level car park.

In one of inner Melbournes best locations with acres of parkland, walking trails and sportsgrounds at your door. Trams, trains, zoned Princes Hill schools, Melbourne Uni and Lygon Street are all an easy stroll away.

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Property History for 26/495 Royal Pde, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$950,000
30 May 2024
Listed for Rent
$650/w
13 Aug 2024
  • 28 Jun 2024
    Listed for Rent $650 / week
  • 30 May 2024
    Sold for $950,000
  • 27 May 2023
    Transferred
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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 4,031 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, 134 properties were sold in the past 12 months in Parkville.

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