41A Melrose Street, Parkdale, VIC 3195 | Property Value & History | OnTheHouse
OFF MARKET

41A Melrose Street
Parkdale VIC 3195

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 780m2
Land area: 773m2
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Property Details for 41a Melrose St, Parkdale

41a Melrose St, Parkdale is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 773m2 and floor size of 780m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Floor Size
780m2
Land Size
773m2
Local Government
Kingston
Lot/Plan
2/LP37580

Last Listing description (September 2022)

Tsimos Commercial is delighted to offer this rare large 2 story building with plenty of options.
41A MELROSE STREET, PARKDALE

Properties like this one don't come around often. What was once a squash court, is now an incredible opportunity to transform this property into something truly spectacular.

With 5+ potential bedrooms, multiple kitchens and bathrooms, sauna and so much more, renovate into an incredible, spacious home, into multiple apartments within the existing structure (STCA) or create a unique commercial, warehousing, a creative co-working space or office space for a business.

The options are plenty!

A double garage, additional room for off-street parking, a private courtyard and a generously sized workspace add to the package.

This property could be Medical, gyms, dance schools and the like STPA

Property Specifications:

Total Land area | 787m2*
Large, double-storey building ideal for both commercial and residential use | 670m2*
Four (4) car spaces Two (2) undercover
Separate entry with street frontage
Includes several bedrooms, kitchens, bathrooms, two saunas, a sizeable workshop and more
Several Lounges, games area, bar & theatre room, four (4) bathrooms & large laundry
Rear courtyard & landscaped grounds

Property History for 41a Melrose St, Parkdale, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$2,200,000
19 Sep 2022
Listed for Rent
$1.73k/w
26 Sep 2022
  • 19 Sep 2022
    Sold for $2,200,000
  • 31 Aug 2022
    Listed for Rent - Price not available
  • 13 Apr 2022
    Sold for $1,600,000
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About Parkdale 3195

The size of Parkdale is approximately 3.6 square kilometres. There are 14 parks, covering nearly 7.2% of the total area. The population of Parkdale in 2016 was 11746 people. By 2021 the population was 12308 showing a population growth of 4.8% in the area during that time. The predominant age group in Parkdale is 40-49 years. Households in Parkdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkdale work in a professional occupation.In 2021, 76.00% of the homes in Parkdale were owner-occupied compared with 74.20% in 2016.

Parkdale has 6,262 properties. Over the last 5 years, Houses in Parkdale have seen a 8.14% increase in median value, while Units have seen a 13.65% increase. As at 31 May 2026:

  • The median value for Houses in Parkdale is $1,588,349 while the median value for Units is $850,656.
  • Houses have a median rent of $788 while Units have a median rent of $588.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Parkdale on OnTheHouse. According to Cotality's data, 295 properties were sold in the past 12 months in Parkdale.

Suburb Insights for Parkdale 3195

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.