501/75 Galada Ave, Parkville is a 1 bedroom, 1 bathroom Unit and was built in 2016.
Designed by award-winning SJB Architects, a fantastic opportunity awaits for the first home buyers and investors with this low-rising and light filled one bedroom apartment, approximately 56 square metres in total size.
Situated in a community focused precinct of Parkville this superbly designed apartment is only four kilometres from the CBD and a short walk to the Royal Park and Melbourne Zoo.
Convenient transport with buses and trams outside your doorstep gain easy access to Lygon Street, Queen Victoria Market, the Royal Melbourne and Royal Children?s Hospital, the University of Melbourne and RMIT University making it a unique place to live or invest.
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:
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