537 Royal Pde, Parkville is a 3 bedroom, 4 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 3059m2 and floor size of 395m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Parkville in the last 12 months.
Positioned along the prestigious Royal Parade boulevard and directly opposite the expansive greenery of Princes Park, this architecturally designed residence delivers sophisticated inner-city living across multiple light-filled levels.Designed with both lifestyle and functionality in mind, the home showcases generous open-plan living and dining zones complemented by a sleek contemporary kitchen featuring stone benchtops, quality appliances, and ample storage. Large windows and thoughtful design allow natural light to flow throughout, creating a warm and inviting space ideal for both everyday living and entertaining.Accommodation is well considered with multiple spacious bedrooms, including a private main suite complete with built-in robes and an elegant ensuite. Additional bedrooms are serviced by stylish central bathrooms, offering flexibility for families, guests, or those working from home.The standout feature is the expansive rooftop terrace a rare inner-city retreat perfect for entertaining, relaxing, or enjoying panoramic views across the surrounding parklands and city skyline.Additional features include secure basement parking, modern finishes throughout, and clever storage across every level.Perfectly located moments from Melbourne University, the hospital precinct, Princes Park, and the vibrant cafs and restaurants of nearby Lygon Street and Brunswick East, this home offers exceptional connectivity with trams at your doorstep and easy access to the CBD.A rare opportunity to secure a contemporary residence in one of Melbournes most tightly held park-side locations.
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 4,297 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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