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1/228 The Avenue, Parkville$504,375
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1/228 The Avenue

Parkville, VIC 3052, Australia
$504,375
1 bed 1 bath 1 car

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About this property

An Address of Enduring Prestige Architectural Distinction Meets Parkside Living Nestled on the ground floor of an esteemed Parkville landmark, Residence No. 1 forms part of the acclaimed Arcadia Building, an enduring symbol of architectural distinction. Designed by renowned Fender Katsalidis architects, this iconic address offers a serene and secure living environment, enriched by a strong sense of community and impeccably maintained communal spaces. Positioned within the heart of the Parkville Gardens precinct, the residence offers graceful proportions with premium finishes throughout and presents an exciting opportunity to enjoy a bespoke urban retreat that balances privacy with cosmopolitan sophistication. - Spacious, open-plan living and dining area flows to a private courtyard, enhancing the sense of space and inviting refined alfresco living within a tranquil setting. - Gourmet kitchen appointed with bespoke joinery, stainless-steel splashback and modern appliances, thoughtfully designed to support both effortless everyday living and elegant entertaining. - The generously proportioned bedroom features a luxurious walk-in robe and is complemented by a sophisticated bathroom showcasing full-height tiling, a large walk-in shower, and modern fittings. - Additional appointments include a renovated European laundry, reverse-cycle air-conditioning, central heating, secure basement parking, intercom entry, and lift access, ensuring comfort and security. - Direct access to Royal Park affords an enviable outdoor lifestyle, with immediate proximity to walking and cycling trails, golf courses, and premier sporting facilities. - Set within the coveted Parkville Gardens enclave, this master-planned community is celebrated for its heritage character, verdant surrounds, and exceptional connectivity, offering a rare balance of urban convenience and leafy retreat just moments from the CBD. - Unrivalled proximity to Melbourne's leading medical, research, and education precincts, as well as the iconic Melbourne Zoo. - A vibrant lifestyle is further enhanced by the cafe culture of Lygon Street and Sydney Road, boutique retail offerings, and excellent transport connectivity, including trams, buses, and the newly opened Parkville Metro station.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,445/month
$1,223 /fortnight
Loan $403,500 at 6.10% over 30 years

Upfront costs

Deposit$100,875
Stamp duty$25,333
Conveyancing (est.)$2,000
Total upfront$128,208
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Parkville

This 1-bedroom apartment in Parkville, VIC 3052 sits within reach of public transport, local shops and nearby schools. It is listed 34% below the $760,000 median of 55 comparable apartmentswithin 5 km.

Schools near Parkville

  • SEDA College (Victoria) - Brens Pavilion Royal Parksecondary
  • SEDA College (Victoria) - Melbourne Sports Centres Parkvillesecondary
  • University High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Stop 17: Ievers Street (tram)188 m away
  • Zoo Shop514 m away
  • Unnamed146 m away
  • Inner Circle Linear Park292 m away
  • The Avenue Reserve425 m away

Parkville at a glance

Full suburb profile
Population
7,074
Median age
26
Household income
$1,885/wk
Median rent
$396/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Parkville price trend

Median sold · Unit 1 bed

Compound growth +1.5% / yr over 4 yrs

$372kcurrent median

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