OFF MARKET

8/248-258 The Avenue
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 2189m2
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Property Details for 8/248-258 The Avenue, Parkville

8/248-258 The Avenue, Parkville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2189m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2007.

Building Type
Unit
Year Built
1970
Floor Size
74m2
Land Size
2189m2
Local Government
Melbourne
Lot/Plan
8/RP2559

Last Listing description (December 2015)

Surrounded by some of the best inner city parklands and the Royal Melbourne Zoo, while also being just a short trip to the University of Melbourne and the bustling CBD, this beautifully updated 2 bedroom apartment will have you fall head over heels. Positioned on the 2nd floor of this safe and secure complex, this bright and newly painted pad has stylish timber laminate flooring, spacious lounge and dining, sleek new kitchen with glass splashback, chic benchtops, 2 Pack cabinetry, and stainless steel Bosch and Westinghouse appliances, generous bedrooms with built-in robes including one with a study, central bathroom with a private toilet and European laundry, relaxed undercover balcony with Dandenong ranges views, and a secure single garage. Superb for city professionals looking for a hassle free commute into the city, as well as investors with an attractive yield of approx. $23,000/year, this pad is also near Royal Park, Princes Park, Sydney Road cafes, restaurants, bars, and shops, Lygon Street attractions, city-bound trams, and Royal Park Station.

Property History for 8/248-258 The Avenue, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$400,000
02 Oct 2007
  • 09 Nov 2015
    Listed for Sale Not Disclosed
  • 02 Oct 2007
    Sold for $400,000
  • 16 Mar 2002
    Sold for $310,000
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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 4,020 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.

Suburb Insights for Parkville 3052

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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.