SOLD
Sold on 01 Sep 2024 for $500,000

501/91 Galada Avenue
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Sold By
VICPROP Hawthorn
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Property Details for 501/91 Galada Ave, Parkville

501/91 Galada Ave, Parkville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Parkville in the last 12 months.

Building Type
Unit
Year Built
2018
Local Government
Melbourne
Lot/Plan
501/PS741156

Last Listing description (September 2024)

Situated in a quiet residential precinct neighbouring some of Melbourne's most iconic parkland, and only moments from the cultural commons of Sydney Road; few properties can compete for lifestyle, amenity, or stunning open spaces.

This property befits local professionals with a floor plan that is thoughtfully low-maintenance yet contemporary in approach. The natural textures of engineered hardwood flooring, when set against a white backdrop, creates spaces which feel calm, refined, and fresh.

Living & dining extend from the kitchen & study area to the full-length entertainer's balcony. The indoor-outdoor spaces complement the options found at Cade Way Oval below with its local playground and gym.

Accommodation comprises a master bedroom with BIR and ensuite, and a secondary bedroom with BIR and main bathroom access.

Features include Euro laundry, living room A/C, stainless-steel appliances, floor-to-ceiling glass, and secure entry.

The prestige that results from living in this quarter is a result of having Royal Park station, sprawling parkland, Royal Melbourne Hospital, Melbourne Zoo, Melbourne Uni, Flemington Racecourse, and Brunswick commons all within easy reach of the door.

Property History for 501/91 Galada Ave, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$500,000
01 Sep 2024
  • 01 Sep 2024
    Sold for $500,000
  • 10 Apr 2024
    Listed for Sale Under Offer
  • 26 Jun 2015
    Sold for $596,500

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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 4,060 properties. Over the last 5 years, Houses in Parkville have seen a -5.32% decrease in median value, while Units have seen a 6.12% increase. As at 31 August 2024:

  • The median value for Houses in Parkville is $1,962,892 while the median value for Units is $599,056.
  • Houses have a median rent of $980 while Units have a median rent of $525.
There are currently 7 properties listed for sale, and 7 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 136 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.