47 Melrose StreetParkdale VIC 3195
Property Details for 47 Melrose St, Parkdale
Last Listing description (December 2025)
An exciting blend of business and lifestyle, this rare shop and retreat-style residence offers endless potential in a tightly held Parkdale location.
Step into a charming commercial space at the front-ideal for a boutique, studio, or office-then escape to your private home sanctuary at the rear, complete with secure off-street parking and a peaceful courtyard.
Versatile shopfront with street exposure
Commercial 1 zoning endless possibilities
Secure off-street parking
Walk to cafes, train, schools & the beach
Live, work, invest, or create-47 Melrose Street, Parkdale is your gateway to it all.
Property History for 47 Melrose St, Parkdale, VIC 3195
- 10 Oct 2025Listed for Sale $845,000
- 22 Aug 2025Sold for $845,000
- 07 Aug 2025Listed for Sale $899,000
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About Parkdale 3195
The size of Parkdale is approximately 3.6 square kilometres. It has 14 parks covering nearly 7.2% of 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 6,245 properties. Over the last 5 years, Houses in Parkdale have seen a 37.14% increase in median value, while Units have seen a 30.03% increase. As at 30 November 2025:
- The median value for Houses in Parkdale is $1,680,037 while the median value for Units is $864,129.
- Houses have a median rent of $695 while Units have a median rent of $580.
Suburb Insights for Parkdale 3195
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