SOLD
Sold on 01 Sep 2024 for $500,000

501/91 Galada Avenue
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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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.

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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 4,062 properties. Over the last 5 years, Houses in Parkville have seen a -24.43% decrease in median value, while Units have seen a 2.05% increase. As at 30 November 2024:

  • The median value for Houses in Parkville is $1,704,629 while the median value for Units is $569,474.
  • Houses have a median rent of $673 while Units have a median rent of $530.
There are currently 6 properties listed for sale, and 11 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Parkville.

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