OFF MARKET

551-559 Royal Parade
Parkville VIC 3052

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 1699m2
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Property Details for 551-559 Royal Pde, Parkville

551-559 Royal Pde, Parkville is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1905. The property has a land size of 1699m2. While the property is not currently for sale or for rent, it was last transferred in August 2015.

Building Type
House
Year Built
1905
Land Size
1699m2
Local Government
Melbourne
Lot/Plan
9A~D/PP2796J

Last Listing description (November 2012)

NOCKLOFTY: A MAGNIFICENT FEDERATION LANDMARK
EXPRESSIONS OF INTEREST INVITED - INSPECT BY APPOINTMENT - ACCLAIMED AS ONE OF MELBOURNES MOST DISTINCTIVE FEDERATION VILLAS, NOCKLOFTY IS RENOWNED FOR ITS SPLENDIDLY PROPORTIONED LIVING ROOMS AND EXQUISITELY DETAILED JOINERY FEATURING A PROFUSION OF AUSTRALIAN FLORAL AND ANIMAL MOTIFS, THE WORK OF ITS FIRST OWNER, THE ENGINEER KENNETH MUNRO, WHO DESIGNED AND BUILT THE HOUSE OVER SEVERAL YEARS AFTER 1906. THE HOUSE, INFLUENCED BY ART NOUVEAU AND ARTS AND CRAFTS MOVEMENT TRENDS, IS TESTIMONY TO MUNROS OPTIMISTIC VISION FOR THE NEWLY FEDERATED NATION. WITH ITS DECORATIVE BELVEDERE, DEEP BAY WINDOWS AND ELABORATELY DETAILED RETURN VERANDAH, THE RESIDENCE PRESENTS A DIGNIFIED FACADE TO PRINCES PARK; IT IS THE ONLY HOUSE IN ROYAL PARADE TO POSSESS A SECOND STREET FRONTAGE TO THE AVENUE. ENTRY IS TO A BROAD HALLWAY WITH PEDIMENTED DOORWAYS, SURMOUNTED BY A CARVED TIMBER ARCH BEARING THE SCOTS INSCRIPTION COME WHEN YE MIND, WELCOME FIND, TESTIMONY TO THE MUNROS HOSPITALITY AS A LEADING MUSICAL FAMILY (KENNETH MUNRO WAS A FINE CLARINETTIST, WHO PLAYED FOR NELLIE MELBA.) THE HALL RETURN INCORPORATES A SPLENDID HALL SEAT FEATURING THE MUNRO COAT OF ARMS. OPENING TO THE VERANDAH ARE GRACIOUSLY PROPORTIONED DRAWING AND DINING ROOMS, THE LATTER FEATURING A BARONIAL STYLE OVERMANTEL WITH FLORAL TRACERY AND EAGLE CRESTING. THE FINELY BANDED PARQUETRY FLOORS CONTAIN SOME 22,000 INDIVIDUAL PIECES MADE OF CONTRASTING TIMBERS! ALSO OPENING FROM THE HALL ARE THREE BEDROOMS THE VAST PRINCIPAL BEDROOM WITH ENSUITE BATHROOM AND A FAMILY BATHROOM. TO THE REAR, A SUNROOM LEADS ON ONE SIDE TO A FUNCTIONAL KITCHEN AND SERVANTS DINING ROOM AND THE ORIGINAL TESSELLATED FLOORED CELLAR; TO THE OTHER SIDE IS A CHARMING SITTING ROOM/ LIBRARY. UPSTAIRS IS A FOURTH BEDROOM. THE EXTENSIVE GABLED STABLES BUILDING AND WORKSHOP, WITH DECORATIVE BARGE BOARDS MATCHING THOSE OF THE MAIN HOUSE, OFFERS AN OPPORTUNITY FOR CONVERSION TO SUBSTANTIAL SELF-CONTAINED ACCOMMODATION. IT ADJOINS A MODERN 3-CAR GARAGE. COMPLEMENTING NOCKLOFTYS EXTRAORDINARY TIMBER DECORATION ARE INTRICATELY PATTERNED VAULTED CEILINGS AND LEADLIGHTING, FABRICATED TO KENNETH MUNROS DESIGNS. HERE IS A UNIQUE OPPORTUNITY TO ACQUIRE A SIGNIFICANT PIECE OF VICTORIAS ARCHITECTURAL HISTORY! LAND SIZE: 1700SQM APPROX. AGENT: NELSON ALEXANDER PTY LTD

Property History for 551-559 Royal Pde, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Transferred
08 Aug 2015
  • 08 Aug 2015
    Transferred
  • 03 Oct 2012
    Listed for Sale EXPRESSIONS OF INTEREST

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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 7 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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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.