OFF MARKET

5/517 Royal Parade
Parkville VIC 3052

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 2428m2
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Last updated 18 Nov 2024
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Property Details for 5/517 Royal Pde, Parkville

5/517 Royal Pde, Parkville is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 2428m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2010.

Building Type
Unit
Year Built
1975
Floor Size
105m2
Land Size
2428m2
Local Government
Melbourne
Lot/Plan
5/RP18513

Last Listing description (February 2023)

This classy three bedroom plus study residence, showcasing high-end finishes in a sophisticated palette of neutral tones, ensures timeless living in this glamorous home. Freshly renovated kitchen and bathrooms it promises luxe low-maintenance living in a highly sort after pocket of Parkville.

- Natural light floods the downstairs open plan living area
- Modern kitchen with stainless steel appliances and dishwasher

- Quality appointed, on-trend fixtures and finishes throughout the home
- Three generous bedrooms with plenty of natural light and two with built-in robes
- Private home office/study ideal for working or studying from home
- Sparkling new bathroom containing a walk-in shower and laundry facilities
- Relax in the peaceful rear garden with an abundance of northern light
- Undercover parking and renovated powder room downstairs off the living area
- Close to trams, cafes, restaurants, universities and directly across the road from the stunning Princess Park

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Property History for 5/517 Royal Pde, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$615,000
24 Jul 2010
Listed for Rent
$675/w
10 Feb 2023
  • 01 Feb 2023
    Listed for Rent $675 / week
  • 01 Jul 2020
    Listed for Rent $650 / week
  • 07 Oct 2019
    Listed for Rent $590 / 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 4,021 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.

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