Thinking about buying in Parkville? Now could not be a better time, with 5454 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,292,000 with prices in this suburb ranging from $312,000 to $8,709,000. Parkville is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $422.18 |
| Median Monthly Mortgage | $2271.53 |
| Median Persons Per Bedroom | 0.98 |
| Average Household Size | 2.24 |
| Average Age | 32.06 |
| Average Income | $871.82 |
| Average Cars Per Dwelling | 1.07 |
| Average Properties Within 50M | 194 |
Housing Stock
Average Property Prices
| 1 Bed $433,000 |
| 2 Bed $1,309,000 |
| 3 Bed $2,811,000 |
| 4 Bed $3,149,000 |
| 5 Bed $3,085,000 |
| 6 Bed+$2,530,000 |
Parkville Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Parkville driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Parkville ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Parkville provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Parkville to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Parkville we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Parkville a better buying opportunity than it may have been in the past.
Properties for sale Parkville
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UNIT 206, 77 GALADA AV, PARKVILLE, VIC, 3052 |  2 |
 1 |
 1 |
$410,000 - $450,000 |
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UNIT 702, 67 GALADA AV, PARKVILLE, VIC, 3052 | 2 |
1 |
1 |
For Sale $480,000 - $510,000 |
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UNIT 1006, 61 GALADA AV, PARKVILLE, VIC, 3052 | 1 |
1 |
1 |
Contact Agent |
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FLAT 18, 283 ROYAL PDE, PARKVILLE, VIC, 3052 | 3 |
1 |
Private Sale $1,100,000 | |
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UNIT 26, 109 MANNINGHAM ST, PARKVILLE, VIC, 3052 | 3 |
2 |
1 |
Auction $1,390,000 - $1,450,000 |
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1-7 CHURCH ST, PARKVILLE, VIC, 3052 | 3 |
2 |
2 |
EOI $1,000,000 - $1,100,000 |
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UNIT 27, 196 THE AVENUE, PARKVILLE, VIC, 3052 | 4 |
3 |
2 |
Private Sale $750,000 |
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FLAT 16, 202 THE AVENUE, PARKVILLE, VIC, 3052 | 1 |
1 |
1 |
Private Sale $595,000 |
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10 BRIDLEWAY WALK, PARKVILLE, VIC, 3052 | 4 |
3 |
2 |
Private Sale $2,200,000 |
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FLAT 5, 202 THE AVENUE, PARKVILLE, VIC, 3052 | 1 |
1 |
1 |
$415,000 |
Local Schools
University High School
Parkville College
St Michael's School
North Melbourne Primary School
St Aloysius College
Ascot Vale Special School
Carlton Primary School
Debney Meadows Primary School
Flemington Primary School
St Joseph's Flexible Learning Centre Melbourne
(While the above schools are located with the suburb of Parkville there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Parkville weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.5 | 16.4 | 27.0 | 42.8 | 86.8 | 2.9 | 23.8 |
| Feb | 1.0 | 15.9 | 25.8 | 44.4 | 86.5 | 2.7 | 20.3 |
| Mar | 1.1 | 14.5 | 24.1 | 45.4 | 88.1 | 2.5 | 15.6 |
| Apr | 2.0 | 12.1 | 20.8 | 48.0 | 90.9 | 2.4 | 10.6 |
| May | 1.6 | 10.0 | 17.7 | 52.3 | 89.4 | 2.9 | 7.8 |
| Jun | 1.3 | 7.7 | 15.0 | 59.8 | 93.7 | 2.5 | 6.9 |
| Jul | 1.3 | 7.8 | 14.4 | 56.9 | 89.5 | 3.3 | 7.4 |
| Aug | 1.6 | 7.8 | 15.1 | 51.2 | 89.3 | 3.0 | 10.0 |
| Sept | 1.4 | 9.3 | 17.7 | 46.1 | 88.9 | 3.1 | 14.0 |
| Oct | 1.4 | 11.1 | 21.1 | 42.8 | 89.3 | 3.2 | 18.3 |
| Nov | 1.8 | 12.5 | 22.4 | 43.4 | 88.6 | 2.9 | 20.8 |
| Dec | 2.0 | 14.6 | 24.8 | 43.5 | 88.6 | 2.8 | 24.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Stop 15: Leonard Street - Less than 1 KM
Stop 26: Royal Park Station - Less than 1 KM
Stop 26: Royal Park Station - Less than 1 KM
Stop 23: Macarthur Road - Less than 1 KM
Stop 23: Macarthur Road - Less than 1 KM
Stop 24: State Netball Hockey Centre - Less than 1 KM
Stop 24: State Netball Hockey Centre - Less than 1 KM
Stop 25: Melbourne Zoo - Less than 1 KM
Stop 25: Melbourne Zoo - Less than 1 KM
Royal Park - Less than 1 KM
General Points of Interest
Hall's Taekwondo Centre - Less than 5 KM
Green Acres Golf Club - Less than 10 KM
Trinity College - Less than 2 KM
Como Centre - Less than 10 KM
Admiral Creswell Memorial - Less than 10 KM
Melbourne Cricket Ground - Less than 5 KM
Olympia Gymnasium - Less than 10 KM
Centenary Bridge Pillar - Less than 10 KM
West Brunswick Tennis Club - Less than 5 KM
Flemington Grandstand - Less than 5 KM
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