28/495 Royal Parade, Parkville, VIC 3052 | Property Value & History | OnTheHouse
OFF MARKET

28/495 Royal Parade
Parkville VIC 3052

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 2430m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 28/495 Royal Pde, Parkville

28/495 Royal Pde, Parkville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 2430m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
1970
Floor Size
78m2
Land Size
2430m2
Local Government
Melbourne
Lot/Plan
28/RP2177

Last Listing description (March 2025)

Revealing larger than expected proportions throughout, this superb second floor apartment is in an immaculately maintained solid brick block, enjoying an impressively expansive layout. Opening out to a wide covered balcony with unique roof top outlooks, the established garden surrounds provide a tranquil sanctuary, moments from cosmopolitan Sydney Road and the convenience of Barkly Square.

The serene garden setting between Princes Park and Royal Park, combined with being well back from the street, provides a sense of quiet seclusion. Step inside and discover an open living area of exceptional space and flexibility, which flows beautifully to the sun-kissed North-facing balcony. Abundant natural light fills every room via the new double glazed windows.

The smartly updated kitchen is highlighted by stainless steel Bosch appliances and adjoins a casual meals area; two extra large bedrooms both have robes, a bright central bathroom has full size bath, while further features include wide entry hall, separate powder room, and two split-system heating/cooling units. Two car spaces and sizable brick storage room are in the secure ground level car park.

In one of inner Melbourne?s best locations with acres of parkland, walking trails and sportsgrounds at your door. Trams, trains, zoned Princes Hill schools, Melbourne Uni and Lygon Street are all an easy stroll away.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 28/495 Royal Pde, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$950,000
30 May 2024
Listed for Rent
$510/w
10 Feb 2017
  • 30 May 2024
    Sold for $950,000
  • 08 May 2024
    Listed for Sale $850,000-$900,000
  • 27 May 2023
    Transferred
Sign in to see more transactions
Commute Calculator

About Parkville 3052

The size of Parkville is approximately 4.1 square kilometres. It has 23 parks covering nearly 51.1% of 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 4,272 properties. Over the last 5 years, Houses in Parkville have seen a 2.64% increase in median value, while Units have seen a -1.21% decrease. As at 30 November 2025:

  • The median value for Houses in Parkville is $2,036,509 while the median value for Units is $541,331.
  • Houses have a median rent of $825 while Units have a median rent of $550.
There are currently 9 properties listed for sale, and 7 properties listed for rent in Parkville on OnTheHouse. According to Cotality's data, 185 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.