Home/Properties/Parkville/18/361 Royal Parade
18/361 Royal Parade, Parkville$460,000
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For Saleapartment

18/361 Royal Parade

Parkville, VIC 3052, Australia
$440,000 – $480,000
1 bed 1 bath 1 car

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About this property

Expressions of Interest Closing Thu 6th Aug at 12pm Nestled within a charming 1930s Art Deco building, this upstairs apartment located at the quiet rear of the block offers an exciting opportunity in the heart of Parkville. Its prime location on Royal Parade between both Royal Park and Princes Park is just two kilometres from the city, providing unparalleled access to the essence of inner Melbourne living. Step inside to discover a welcoming light-filled interior adorned with a generously sized bedroom featuring built-in robes and a picturesque leafy outlook over the building's private courtyard. The updated central bathroom boasts modern amenities including a walk-in shower and convenient laundry facilities. Seamlessly connected, the versatile open-plan living/meals area flows into a kitchen adorned with a breakfast bar, electric oven and views to Royal Park. Noteworthy features such as high ceilings, original period windows, plentiful storage and dual panel heaters ensure both comfort and convenience. With the added advantage of undercover off-street parking accessed via Mile Lane and shared external laundry facilities, this gorgeous location finds you surrounded by the greenery of local parkland and the inner city at your door. Tram stops are metres away and it's a quick walk to Royal Park Train Station. Stroll to Royal Park Golf Course, Sydney Road Brunswick, Barkly Square shopping centre, Melbourne University, the Hospital Precinct, Lygon Street and more.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
Yesterday

Repayment calculator

$2,230/month
$1,115 /fortnight
Loan $368,000 at 6.10% over 30 years

Upfront costs

Deposit$92,000
Stamp duty$22,670
Conveyancing (est.)$2,000
Total upfront$116,670
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 48% below the $885,000 median of 56 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

  • Princes Park/Royal Parade (bus)33 m away
  • Zoo Shop493 m away
  • Princes Park232 m away
  • Unnamed502 m away
  • Inner Circle Linear Park605 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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Price history

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1 price change recorded for this property

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