123 Park Drive, Parkville, VIC 3052 | Property Value & History | OnTheHouse
OFF MARKET

123 Park Drive
Parkville VIC 3052

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 182m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 7 Sep 2026
Low

High
Save

Property Details for 123 Park Dr, Parkville

123 Park Dr, Parkville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1880. The property has a land size of 182m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1880
Floor Size
180m2
Land Size
182m2
Local Government
Melbourne
Lot/Plan
2/LP22035

Last Listing description (August 2025)

** BOOK INSPECTION ONLINE OR SAVE TIME VIEW OUR 3D TOUR & APPLY **

Classic Victorian charm meets modern comfort in this beautifully presented double-storey terrace, perfectly positioned in one of Parkvilles most sought-after streets. Fully furnished and ready to move in, its ideal for tenants seeking space, flexibility, and an unbeatable inner-city location.

Downstairs:

Elegant formal lounge with marble fireplace

Separate dining room (or optional fourth bedroom/home office)

Modern open-plan kitchen with stone benchtops, European appliances & generous storage

Light-filled living and dining area opening to a private leafy courtyard

Upstairs:

Three spacious bedrooms (two with built-in robes & original fireplaces)

Full-width main bedroom with balcony views

Central bathroom with spa bath, double vanity & laundry facilities

Additional features:

Gas heating throughout

Established low-maintenance garden

Private rear access via Levers Lane

Location highlights:
Walk to the University of Melbourne, major hospitals, University High School, North Melbourne Primary School, and surrounding parklands. Easy access to trams and the CBD ensures the very best of Melbourne living is at your doorstep.

Lease term: 12 months
Furnishings: Fully furnished

This is a rare opportunity to secure a classic Parkville residence with everything in place just unpack and enjoy.

**** TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT PROPERTIES ****
By registering your details, you will be INSTANTLY informed of any updates, changes or cancellations for your property appointment. If no one registers for an inspection time, the inspection may not proceed.

DONT MISS OUT! Please book for an inspection today.

Photo ID is required at all inspections.

Only 2Apply applications will be accepted for this property.

Property History for 123 Park Dr, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$2,477,000
12 Aug 2023
Listed for Rent
$1.23k/w
29 Aug 2025
  • 17 Jun 2025
    Listed for Rent $1,225 / week
  • 12 Aug 2023
    Sold for $2,477,000
  • 19 Jul 2023
    Listed for Sale Auction $1,820,000 - $2,000,000
Sign in to see more transactions
Commute Calculator

About Parkville 3052

The size of Parkville is approximately 4.1 square kilometres. There are 23 parks, covering nearly 51.1% of the total area. The population of Parkville in 2016 was 7409 people. By 2021 the population was 7074 showing a population decline of 4.5% 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 2021, 32.50% of the homes in Parkville were owner-occupied compared with 31.60% in 2016.

Parkville has 4,292 properties. Over the last 5 years, Houses in Parkville have seen a -14.53% decrease in median value, while Units have seen a 6.46% increase. As at 31 August 2026:

  • The median value for Houses in Parkville is $1,789,689 while the median value for Units is $574,917.
  • Houses have a median rent of $1,200 while Units have a median rent of $570.
There are currently 12 properties listed for sale, and 6 properties listed for rent in Parkville on OnTheHouse. According to Cotality's data, 175 properties were sold in the past 12 months in Parkville.

Suburb Insights for Parkville 3052

Market Insights
Parkville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Parkville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.