SOLD
Sold on 03 Feb 2024 for $1,087,500

702/228 The Avenue
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 2431m2
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Property Details for 702/228 The Avenue, Parkville

702/228 The Avenue, Parkville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 2431m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Parkville in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
107m2
Land Size
2431m2
Local Government
Melbourne
Lot/Plan
702/PS410662

Last Listing description (May 2024)

Nestled within the instantly recognisable Arcadia building by renowned architect firm Fender Katsilidis, this warm and inviting 2-bedroom, 2-bathroom apartment is poised for an enviable inner-city lifestyle. Perfectly positioned for hospital workers, city professionals and both university staff & students, whether you are seeking an easy-to-maintain lock & leave base for yourself or an astute addition to your burgeoning property portfolio, you can?t look past this wonderfully carefree package.

? Warmed by plush carpeting and taking in serene parkland views, the residence comprises an open plan living/dining area with access to the first of two private balconies.
? Quality stainless steel appliances and glossy ebony benchtops are highlights of the contemporary kitchen where ample cupboard and preparation space create a host?s dream setting.

? Built-in robes feature in both of the generously proportioned bedrooms; the master also has the luxury of its own ensuite and smaller balcony, while a timelessly sophisticated main bathroom services the remainder of the home.
? Heating and cooling, secure intercom entry and lift access are among the many sought-after inclusions along with a full laundry and secure parking.
? Within minutes of the CBD, this prized address is close to Royal and Princes parks, Royal Park Golf Course, the zoo, city-bound trams, Royal Melbourne Hospital and the University of Melbourne.

Property History for 702/228 The Avenue, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$1,087,500
03 Feb 2024
  • 03 Feb 2024
    Sold for $1,087,500
  • 07 Dec 2023
    Listed for Sale Not Disclosed
  • 29 Jun 2013
    Listed for Sale $740,000 - $780,000
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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 4,022 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.

Suburb Insights for Parkville 3052

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Rendina Real Estate - Kensington
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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.