OFF MARKET

406/228 The Avenue
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 2431m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 406/228 The Avenue, Parkville

406/228 The Avenue, Parkville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 2431m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1999
Land Size
2431m2
Local Government
Melbourne
Lot/Plan
406/PS410662

Last Listing description (April 2024)

Serene parkland surrounds, city views and a prestigious inner-city lifestyle are just the beginning with this opulently finished two bedroom two bathroom apartment, part of the landmark ?Arcadia?' building, designed by renowned Fender Katsalidis Architects.
Ideal for professionals and investors this designer apartment features an expansive and luxuriously fitted open living area where plush carpets and a granite topped designer kitchen form an opulent backdrop to the city and parkland views.
The sunlit balcony providing an outdoor space from which to enjoy this impressive setting. The stylish blend of luxury and comfort continues through two double bedrooms with built-in robes, one with balcony access, and two bathrooms featuring travertine finishes, frameless showers and a decadent tub, the master bedroom with ensuite, a separate laundry, abundant storage, secure video entry, heating and cooling, lift access plus a secure car space and two storage cages. Surrounded by Royal and Princes Parks, the Zoo, vibrant Sydney Road and Lygon Street cafes and restaurants, Princess Hill Secondary College, and a short tram trip to the university/hospital precincts and the CBD, it presents a prestigious low-maintenance lifestyle in the heart of Melbourne?s leafy inner city.

Features:
- Luxury Fender Katsalidis designed two bedroom apartment, part of the Arcadia tower
- Opulent open plan spills to a balcony with city and parkland views

- Stylish granite topped gourmet kitchen

- Bedrooms with BIR?s are completed by two luxe bathrooms, master with ensuite
- Modern amenities include heating/cooling, secure video entry, lift access, car space and two storage cages
- Prestige locale bordered by Princes Park, Zoo, university/hospital precincts and CBD

Property History for 406/228 The Avenue, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$1
10 Jul 2023
  • 10 Jul 2023
    Sold for $1
  • 16 Jun 2023
    Listed for Sale Under Contract

Commute Calculator

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 4,022 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 7 properties listed for sale, and 18 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Parkville.

Suburb Insights for Parkville 3052

Market Insights
Parkville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Parkville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.