OFF MARKET

5/191 Royal Parade
Parkville VIC 3052

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 110m2
Land area: 2427m2
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Property Details for 5/191 Royal Pde, Parkville

5/191 Royal Pde, Parkville is a 3 bedroom, 2 bathroom Unit and was built in 1995. The property has a land size of 2427m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1995
Floor Size
110m2
Land Size
2427m2
Local Government
Melbourne
Lot/Plan
9/PS337994

Last Listing description (March 2023)

A rare offering with outlooks over Princes Park and boulevard treetops towards the city, this timeless top floor contemporary apartment over one level enjoys a superb corner orientation with large windows along with generous proportions and excellent natural light.

Stepping inside you are immediately impressed by the large open plan living and dining areas and serene leafy outlooks with French doors opening to a large entertainers' terrace. The central kitchen adjoins the dining & living zones with stone benchtops, dishwasher, Miele stovetop and oven. The versatile layout has three large bedrooms with built-in robes and balcony access. The master bedroom has a WIR, ensuite bathroom, balcony and double glazing. Additional features include a dedicated laundry, a large central 2nd bathroom with a separate bath and shower, split system heating and cooling in the living and bedroom areas and intercom entry. The apartment has a secure off-street parking space entered via Royal Parade, two allocated bike spaces plus two current parking permits for Royal Parade.

This roomy low-maintenance property provides the perfect inner-city home with work from home possibilities for working professionals, a convenient base for families with children at secondary school or university or as an astute investment in an excellent city edge location only steps to Royal Parade trams, the University of Melbourne, hospital/medical facilities, schools (zoned to University High School and North Melbourne Primary School) and acres of parklands. Nelson Alexander Pty Ltd.

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Property History for 5/191 Royal Pde, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$1,300,000
28 Feb 2023
  • 28 Feb 2023
    Sold for $1,300,000
  • 24 Sep 2019
    Listed for Sale $1,380,000 - $1,480,000
  • 10 Oct 2001
    Sold for $530,000
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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 4,020 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 5 properties listed for sale, and 21 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Parkville.

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