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Investment Property Parkville, VIC, 3052

Suburb Snapshot

Parkville is a suburb in the Melbourne Region of Victoria. Parkville has a population of 7,405 people and 52.95% of its occupants live in rental accommodation. The median listing price for houses is $1,720,000 and this has changed -12.92% over the past year and changed -9.48% over 2 years.

The median rent in Parkville for houses is $1,025 per week and the median rental yield is 3.09%. Stock on the market for houses/townhouses has changed 38.46% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $480,000 and this has changed 0.00% over the past year. The average unit takes 103 days to sell and the median rent for a unit in Parkville is $520 per week, producing a rental yield of 5.63%.

Supply & Demand in Parkville, Melbourne

2.00%

Current vacancy rate


63

Rental stock available


7,405

Population


52.95%

Rental population


2.45%

Current vacancy rate


3,287

Rental stock available


135,965

Population


52.20%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Parkville, Melbourne

  House Townhouses Units
Median listing price $1,720,000 NA $480,000
Median price change - last quarter -0.87% NA 0.00%
Median price change - 1 year -12.92% NA 0.00%
Median price change - 2 years -9.48% NA 0.00%
  House Townhouses Units
Median weekly rent $1,025 $790 $520
Median yield % 3.09% NA 5.63%
Median rent change - 1 year 17.14% 9.72% 8.33%
  House Units
Previous month sales 2 3
Stock on market previous month 18 31
Stock variance vs. last year 38.46% -13.89%
Average days on market 55 103

Parkville investment property listings

Showing 5 of 38 investment properties found in Parkville on realestateinvestar.com.au

59 Park Dr, Parkville

$2,750,000

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Magnificent modern sanctuary in Parkville's prestigious Golden T

Commanding an exclusive address within Parkville's tree-lined Golden Triangle, just one block from the breathtaking surrounds of Royal Park, this magnificent double storey home presents a modern inner-city sanctuary with rare dual frontage. Architecturally crafted by John Dudley & Associates to ...

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House

VIC 3052


101/77 Galada Ave, Parkville

$450,000

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Prime parkside living with resort amenities

Enjoy a lifestyle of ease and connectivity in this well-appointed apartment, perfectly positioned opposite expansive parklands and moments from the best of Parkville. Timber-look flooring flows throughout an open-plan living, dining and kitchen domain, creating a low-maintenance and modern setting ...

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Unit

VIC 3052


10 Bunjil Way, Parkville

$1,850,000

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Expansive living in a sublime setting

Opposite reserve in a prized Parkville neighbourhood, this freestanding home delivers an amazing city-fringe family lifestyle with its exceptional versatility, long list of features and sunny outdoors to enjoy. Set on a substantial block of land (approx 510sqm), the home itself showcases five main ...

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House

VIC 3052


310/445 Royal Pde, PARKVILLE

$340,000

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Expressions of Interest Closing Tuesday 2 June at 5pm

Sensational city-fringe investment Set back from the street in a well-maintained building, this top-floor unit provides a value-packed entry into prestigious Parkville or welcome addition to any property portfolio all perfectly placed along one of Melbourne's most iconic tree-lined boulevards. ...

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Unit

VIC 3052


305/67 Galada Ave, PARKVILLE

$420,000

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FLOURISH EXTRA LARGE & EAST FACING

Set within the sought-after Parkside precinct, this impressive third-floor residence at FLOURISH offers an exceptional combination of space, natural light, and lifestyle convenience in the heart of Parkville. Bathed in beautiful eastern sunlight, this extra-large two-bedroom apartment stands out ...

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Unit

VIC 3052


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