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.
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.
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:
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