4p/228 The Avenue, Parkville is a 4 bedroom, 4 bathroom Unit with 3 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 November 2023.
Welcome to Penthouse 4 at "Arcadia", designed by Fender Katsalidis Architects and lavishly styled, positioned in one of Parkville's most desirable locations. The fully furnished luxury apartment boasts 270-degree balcony views from the main floor, which houses a zoned chef's kitchen, fitted with state-of-the-art Gaggenau and Miele appliances, opulent Calacutta marble counters and stainless steel surfaces. The adjoining dining and lounge area wrapped in luxurious wood panelling is highlighted by an internally lit onyx stone bar, and towering floor-to-ceiling views to the south-west. One bedroom with ensuite is set at this level, while two more bedrooms, one with ensuite, and bathroom are set upstairs, alongside the lavish master suite and retreat starring wrap-around views, retractable cinema screen and surround sound, extensive custom cabinets and shelving, adjoining home office, walk-in robe and sumptuous marble-wrapped spa ensuite. This exclusive address is located perfectly on the edge of Melbourne's vibrant CBD, close to Royal Parade tram line, Royal Park Railway station, Melbourne University, Melbourne Zoo, RMH with a host of lifestyle amenities within easy reach. With three parking spots on title within the secure basement carpark, ducted heating and cooling, video intercom and so much more on offer, this is a rare opportunity to live lavishly above the rest.
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:
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