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.
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 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.
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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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