27/2 Macarthur Rd, Parkville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 2444m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Ideally located on one of Melbourne s most beautiful boulevards right in the heart of the University precinct, University Secondary High School zone, famous Lygon Street with all the wonderful restaurants and shops, Royal Gardens, the Victoria Market and Melbourne Zoo. It is only five minutes from the city centre and has excellent views and aspects. (Government New urbanism planning including Parkville Metro Station which will provide a seamless link from the inner west to the St Kilda Precinct.)
This 2 bedroom apartment with city view is spread between the main tower which is serviced by 2 lifts and the terrace apartments overlooking Royal Park. Features include: large living/dining areas open to a balcony, an open plan designer kitchen, quality appliances, including cooling/heating split systems, window furnishings, internal laundry, Master bedroom with en-suite and walk-in-robes, other bedroom with built-in-robe, full security car park and security entrance.
This is an excellent location which is highly popular with Medical professionals, lecturers and businessmen from the city and surrounding areas.
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 4,287 properties. Over the last 5 years, Houses in Parkville have seen a -11.75% decrease in median value, while Units have seen a 8.11% increase. As at 31 July 2026:
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