SOLD
Sold on 29 Dec 2023 for $1,737,500

705/228 The Avenue
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 3
Car spaces: 2
Land area: 2431m2
Sold By
Jellis Craig Kensington
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Property Details for 705/228 The Avenue, Parkville

705/228 The Avenue, Parkville is a 2 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 2431m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Parkville in the last 12 months.

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

Last Listing description (February 2024)

Sensational space, luxury and spectacular city, park and mountain range views define this sophisticated three bedroom, three bathroom apartment. Situated on the seventh floor of The Avenue's prestigious Arcadia building in the signature style of internationally acclaimed architect Nonda Katsalidis, it is renowned for its landmark curved facade and quality amenity. Promising an unforgettable backdrop of breathtaking vistas, the apartment's curvaceous and spacious living, dining room and adjoining balcony provide the perfect setting for hosting friends and family. Alongside is an open plan gourmet kitchen featuring stone counters, island bench, plentiful cabinetry and stainless steel AEG appliances. Including semi-integrated dishwasher, gas hob, integrated microwave and convection wall ovens. Private accommodation comprises of two master bedrooms refined by luxe spa ensuites, one of which opens onto a balcony. Further bedroom with study option also enjoys a private balcony. Complemented by central bathroom/laundry, endless storage, heating/cooling, secure intercom/lift entry, two car spaces and storage cage. Boasting an incredible inner city location, metres from Royal Park Golf Course, Princes Park, Melbourne University, leading hospitals, trams, trains and the CBD

Owners Corporation- $2,667.98 approx per quarter
Council Rates - $3493.44 approx per annum

Water Rates - $703.46 approx per annum

Property History for 705/228 The Avenue, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$1,737,500
29 Dec 2023
  • 29 Dec 2023
    Sold for $1,737,500
  • 13 Nov 2023
    Listed for Sale Contact Agent
  • 19 Apr 2000
    Sold for $630,000
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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 4,027 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 12 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.