OFF MARKET

703/51-55 Galada Avenue
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 68m2
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Property Details for 703/51-55 Galada Ave, Parkville

703/51-55 Galada Ave, Parkville is a 2 bedroom, 1 bathroom Unit and was built in 2017. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
Unit
Year Built
2017
Floor Size
68m2
Local Government
Melbourne
Lot/Plan
703/PS734845

Last Listing description (January 2022)

'Flourish' 2 Bedroom, 1 Bathroom 1 Carspace Apartment $380.00 per week $1651.00 Bond $1,651
.00For all enquires and inspections , please call John young on 0418 848 193 or email me direct John.Young@frasersproperty.com.au

Positioned in a quiet and convenient location, less than 4km from Melbourne's thriving CBD, connected to world-class universities, sporting venues, arts and entertainment. This impressive apartment offers a spacious floorplan, with the master bedroom including built-in robes and esuite, 2nd bedroom with BIR's, a large main bathroom, modern kitchen with stainless steel appliances and dishwasher, open plan living/dining area and balcony. Further features include laundry facilities, heating/cooling, and off-street parking.

Features:

Unique 20 hectare master planned estate: Fronting parkland with direct linkages to beautiful Royal Park, residents of Thrive enjoy the advantages and tranquillity of having the Parkville Gardens precinct on their doorstep in addition to all the benefits of an inner-city location.

Education: Established educational facilities including two of Australia's finest tertiary institutions, are all nearby. The University of Melbourne is approx. 3.1km away (with direct access via Bus 505 on Cade Way) and RMIT (Royal Melbourne Institute of Technology) sits conveniently on the nearby CBD fringe.

Medical: Widely regarded as Melbourne's premier medical precinct, Parkville contains numerous world-class medical facilities including the Royal Melbourne Children's Hospital, the Royal Women's Hospital and the new, billion-dollar Victorian Comprehensive Cancer Centre, the largest cancer research centre in Australia.

Accessibility: Trains are just minutes away right in the heart of picturesque Royal Park, or just 8-10 minute walk (approx.) to Flemington Bridge Station; the No. 55 tram stops in Royal Park; and Bus 505 which travels directly to the University of Melbourne and the CBD, stops on Cade Way, 350 metres from the front lobby.

Combining elegant style and modern urban architecture, this two bedroom apartment is generously proportioned, featuring open-plan living area, private balcony and floor-to-ceiling glass sliders enhancing open space and providing flexible indoor-outdoor living. Also included is a secure car space, a secure communal bicycle storage, and communal pool/gym facilities. Discover an enviable residential location only approximately 4km from Melbourne's CBD in a pristine, leafy environment where the best of inner city living is close at hand.

Flourish Parkside is conveniently located with world-class universities, sporting venues, and arts and entertainment facilities nearby. As part of Parkville Gardens, Flourish Parkside has a stunning landscaped connection to Royal Park, Melbourne's largest green space. The Capital City Cycle Trail runs through Royal Park giving you access to Melbourne Zoo, Melbourne Aquarium, Docklands, Southbank, Federation Square and Melbourne Crown Casino.Residents also enjoy access to the exclusive "Park Club" which features a 25m indoor lap pool, gymnasium, and stunning outdoor barbeque area with residents' retreat area. Direct 505 bus route to Melbourne University at your doorstep, trains are just a short walk away right in the heart of picturesque Royal Park, or Flemington Bridge Station and easy access to city link & Melbourne airport.

Property History for 703/51-55 Galada Ave, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$497,500
28 May 2015
Listed for Rent
$380/w
08 Jan 2022
  • 06 Jan 2022
    Listed for Rent $380 / week
  • 09 Jun 2020
    Listed for Rent $400 / week
  • 28 Aug 2018
    Listed for Rent - Price not available
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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 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.

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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.