OFF MARKET

4P/228 The Avenue
Parkville VIC 3052

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Land area: 2431m2
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Property Details for 4p/228 The Avenue, Parkville

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.

Building Type
Unit
Year Built
1999
Land Size
2431m2
Local Government
Melbourne
Lot/Plan
4P/PS410662

Last Listing description (October 2024)

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.

Property History for 4p/228 The Avenue, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$3,350,000
11 Nov 2023
  • 09 Aug 2024
    Listed for Sale $3,250,000-$3,350,000
  • 20 May 2024
    Listed for Rent $2,850 / week
  • 11 Nov 2023
    Sold for $3,350,000
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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 4,022 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

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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.