Market snapshot

Suburb insights for Parkville3052

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Located 3 km north of Melbourne's CBD Parkville is known for its leafy streets heritage houses and the University of Melbourne's bustling campus and residential colleges. Parkville is home to major hospital research and institutional facilities including the Royal Melbourne and Royal Children's hospitals. Royal Park - the municipality's largest open space - can be found here along with one of our major attractions Melbourne Zoo.

Recent sales and auction results in Parkville

AddressBedroomsPriceTypeMethodSale DateAgentListing
19/361 Royal Pde, Parkville3PriceUnitSold Before Auction5/07/2024Nelson AlexanderView
32/248 The Avenue , Parkville2PriceApartmentPrivate Sale9/04/2024Jellis CraigView

Sales data

Median sale price
$1.8mil
Annual price change
-2.9%
Metro Melbourne Comparison
$912k
-4.3%
BedroomsParkvilleMetro comparison
2-$902,500
3-$810,000
4-$955,000
InsightParkvilleMetro comparison
Clearance rate76.5%73.8%
Days on market4342

Rental data

Median weekly rent
$800
Rental yield
2.3%
Metro Melbourne Comparison
$560
3.2%
BedroomsParkvilleMetro comparison
2-$550
3-$540
4-$580
Median data for the current quarter
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