541 Royal Parade, Parkville, VIC 3052 sold on 21 May 2026 | OnTheHouse
SOLD
Sold on 21 May 2026 for $2,600,000

541 Royal Parade
Parkville VIC 3052

Bedrooms: 3
Bathrooms: 4
Car spaces: 3
Floor area: 372m2
Land area: 3059m2
Sold By
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Vicprop - Manningham
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Property Details for 541 Royal Pde, Parkville

541 Royal Pde, Parkville is a 3 bedroom, 4 bathroom House with 3 parking spaces and was built in 2019. The property has a land size of 3059m2 and floor size of 372m2. 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.

Building Type
House
Year Built
2019
Floor Size
372m2
Land Size
3059m2
Local Government
Melbourne
Lot/Plan
2/PS746763

Last Listing description (May 2023)

Exquisitely designed and curated, the Royal Parade residence is a stunning and versatile townhome that has been finished with luxurious fittings and fixtures that boasts an elegance and lifestyle.

With a clever floorplan this townhome is superbly enhanced by separately accessed and stylish living spaces, with a studio that has street access at the lower level, sun-drenched living zones that connect with the main home, providing spaciousness and versatility.

Grand in proportions and vision, this stunning home is equipped with an elevator, timber flooring throughout and four levels of living. The master suite is located on the middle level and is equipped with a large ensuite with full sized bath tub & double basins and a stunning wardrobe with ambient lighting, being the only bedroom on this level it has access to a private living space and a studio that features a kitchenette with bar fridge.

The kitchen features sleek and luxurious granite stone benches and a large island bench, butlers pantry with additional dishwasher and integrated fridge, the open plan dining and living area has integrated cabinetry so that appliances can be hidden allowing for a modern and minimalist look, this space is washed with natural light from the floor to ceiling glass doors that open up to a private paved courtyard with built in benches and low maintenance gardens.

The remaining two bedrooms are located on the top level and each have their own ensuite and share a living space with kitchenette and bar fridge.
Other features include a roof top terrace with built in BBQ and a prominent and sunlit staircase, European appliances, air-conditioning throughout, Cellar room with wine fridge, separate laundry, lockup garage.

Situated along Melbourne's historic and grand boulevard, your Royal Parade home stands directly across the road from Princes Park, little sister to Royal Park and its vast expanses. Parkville is within easy reach of Melbourne Airport, your new home also positions you close to the finest educational and medical precincts. Business, culture, commerce, entertainment and recreation are at your door.

To book an inspection, click the "Book an Inspection" button, to register your details and choose a time that suits you. You will automatically be updated on any changes to the appointment, and one of our leasing consultants will meet you at the property at your chosen time.

To submit an application for this property, simply click the "Apply" button

Property History for 541 Royal Pde, Parkville, VIC 3052

A timeline of how this property has performed in the market
Last Sold
$2,600,000
21 May 2026
Listed for Rent
$1.60k/w
16 May 2023
  • 21 May 2026
    Sold for $2,600,000
  • 01 Oct 2025
    Sold for $2,955,000
  • 27 Jun 2025
    Sold for $2,100,000
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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 4,297 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:

  • The median value for Houses in Parkville is $1,852,833 while the median value for Units is $573,892.
  • Houses have a median rent of $1,200 while Units have a median rent of $573.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Parkville on OnTheHouse. According to Cotality's data, 203 properties were sold in the past 12 months in Parkville.

Suburb Insights for Parkville 3052

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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.