5/40-42 Royal Parade, Pascoe Vale South, VIC 3044 | Property Value & History | OnTheHouse
OFF MARKET

5/40-42 Royal Parade
Pascoe Vale South VIC 3044

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 131m2
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Property Details for 5/40-42 Royal Pde, Pascoe Vale South

5/40-42 Royal Pde, Pascoe Vale South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 131m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1991
Floor Size
74m2
Land Size
131m2
Local Government
Merri-Bek
Lot/Plan
5/SP37584

Last Listing description (September 2022)

Set in a quiet block, just on the edge of Coburg and in close proximity to public transport, parks and schools, this light filled and perfectly presented unit has all you're looking for!

Featuring two bedrooms, both with built in wardrobes, a spacious kitchen with ample cupboard and bench space overlooking the large open plan living area also including a split system. Additional features include a renovated bathroom with separate laundry facilities, plus a low maintenance courtyard with access to the single garage.

Please note that this apartment falls under the Affordable Housing Scheme. To qualify for this property strict income & asset criteria applies including:

1) tenants must not own other property
2) maximum household limits apply

Qualifying households:
First Adult: $54,643
First adult sole parent: $57,474
Each additional adult: $20,905
Each child: $18,127

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Property History for 5/40-42 Royal Pde, Pascoe Vale South, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$605,000
21 Apr 2018
Listed for Rent
$375/w
26 Sep 2022
  • 02 Sep 2022
    Listed for Rent $375 / week
  • 07 Jun 2019
    Listed for Rent - Price not available
  • 06 Jun 2018
    Listed for Rent $420 / week
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About Pascoe Vale South 3044

The size of Pascoe Vale South is approximately 3.1 square kilometres. There are 10 parks, covering nearly 5.2% of the total area. The population of Pascoe Vale South in 2016 was 10069 people. By 2021 the population was 10534 showing a population growth of 4.6% in the area during that time. The predominant age group in Pascoe Vale South is 40-49 years. Households in Pascoe Vale South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale South work in a professional occupation.In 2021, 74.40% of the homes in Pascoe Vale South were owner-occupied compared with 76.60% in 2016.

Pascoe Vale South has 4,932 properties. Over the last 5 years, Houses in Pascoe Vale South have seen a -3.02% decrease in median value, while Units have seen a 7.77% increase. As at 31 July 2026:

  • The median value for Houses in Pascoe Vale South is $1,193,497 while the median value for Units is $680,023.
  • Houses have a median rent of $723 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Pascoe vale south on OnTheHouse. According to Cotality's data, 211 properties were sold in the past 12 months in Pascoe vale south.

Suburb Insights for Pascoe Vale South 3044

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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.