Market snapshot
Suburb insights for Parkville3052
Change suburbLocated 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.
Sales data
Median sale price
$1.8mil
Annual price change
-6.6%
Metro Melbourne Comparison
$916k
-3.2%
| Bedrooms | Parkville | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | - | $807,500 |
| 4 | - | $950,000 |
| Insight | Parkville | Metro comparison |
|---|---|---|
| Clearance rate | 85.7% | 73.3% |
| Days on market | 46 | 42 |
Rental data
Median weekly rent
$750
Rental yield
2.2%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Parkville | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | - | $550 |
| 4 | - | $595 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.