SOLD
Sold on 02 Jun 2024 for $625,000

40/196 The Avenue
Parkville VIC 3052

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 2488m2
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Property Details for 40/196 The Avenue, Parkville

40/196 The Avenue, Parkville is a 1 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 2488m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Parkville in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
52m2
Land Size
2488m2
Local Government
Melbourne
Lot/Plan
40/PS345751

Last Listing description (August 2024)

Idyllically positioned between Royal Park and Princes Park, this top floor apartment offers a blend of contemporary comfort and classic elegance, ideal for discerning buyers seeking a refined urban lifestyle.

The highlight is its expansive outdoor terrace, seamlessly flowing from the spacious living and dining room through elegant double timber doors. This outdoor space is a true entertainer's delight, with enough room to stage a full suite of furniture, complemented by a sail cover for shaded comfort on warm summer days and surrounding greenery for added privacy.

Inside, the inviting hallway entrance leads to a light-filled open-plan living and dining room, complete with split system heating and cooling. Adjacent, sits a vibrant and functional kitchen in a striking blue and white colour palette, equipped with new oven and gas cooktop, stone benchtops and a breakfast bar with a waterfall edge.

The spacious bedroom features both mirrored built-in robes and a separate large walk-in robe for added space and storage. A cleverly integrated nook provides a dedicated space for a computer desk, making working from home a breeze.

Decorated in a chic black and white colour scheme, the separate bathroom is complete with cupboards under the vanity and a European laundry. Additional highlights include a secure underground parking space and a lockable storage unit, ensuring ample space for your belongings. Access to a picturesque communal garden, mini-gym and sauna is an added bonus.

A beautiful block with a heritage facade, surrounded by manicured hedging evoking the charm of an English garden, sets the tone for the sophisticated class that awaits within. The prime Parkville location offers easy access to the city via Royal Parade trams and Royal Park Station, while a short walk takes you to the vibrant Sydney Road precinct with Barkley Square shopping, Melbourne's best cafes, restaurants and live music. Melbourne Zoo, Royal Park Golf Course and tennis courts and prestigious universities are also just moments away. With peaceful parklands right on your doorstep, this property has it all.

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Property History for 40/196 The Avenue, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$625,000
02 Jun 2024
Listed for Rent
$390/w
12 May 2021
  • 02 Jun 2024
    Sold for $625,000
  • 16 May 2024
    Listed for Sale $625,000
  • 29 Apr 2021
    Listed for Rent $390 / week
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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 4,024 properties. Over the last 5 years, Houses in Parkville have seen a -18.72% decrease in median value, while Units have seen a -1.60% decrease. As at 31 October 2024:

  • The median value for Houses in Parkville is $1,821,712 while the median value for Units is $578,801.
  • Houses have a median rent of $750 while Units have a median rent of $525.
There are currently 8 properties listed for sale, and 16 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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