Parkdale
Suburb profile, market snapshot and recent listings for Parkdale, VIC 3195.
About Parkdale
Welcome to Parkdale
Parkdale sits on Melbourne's south-eastern bayside fringe, roughly 25 kilometres from the CBD, sandwiched between the beaches of Mentone and Mordialloc. It's the kind of suburb that gets discovered by word of mouth rather than hype — a quiet, tree-lined pocket where life revolves around the foreshore, the local primary school, and a station that gets you into the city without fuss.
With a population of around 12,300 and a median age of 43, Parkdale has a settled, family-and-downsizer feel rather than a rental-heavy, transient one. It suits people who want bayside living without the price tag or crowds of Brighton or Beaumaris, and who don't mind trading nightlife for a beach walk and a good coffee closer to home.
Lifestyle & dining
Parkdale's daily life centres on its low-key village strip and the foreshore reserve that runs along Port Phillip Bay. Weekends here mean walking or cycling the bay trail, swimming at the local beach, or wandering a few minutes further to the cafes and restaurants of neighbouring Mentone and Mordialloc, both an easy stroll or short drive away. It's not a suburb built for nightlife, and that's largely the point — the appeal is the slower pace, the sea air and the sense that everything you need is close but not crowded.
Shopping
For day-to-day essentials, Parkdale has a small local shopping strip, with the more substantial retail and grocery options found in nearby Mentone and Mordialloc, both of which offer supermarkets, specialty stores and a wider spread of cafes. Cheltenham, a little further inland, adds bigger-format shopping including Westfield Southland, making it a practical suburb for those who want a quiet home base within easy reach of larger centres.
Getting around
Parkdale railway station, on the Frankston line, is the suburb's transport backbone, offering a direct run into the city and connections through to Mentone, Mordialloc and beyond. The Nepean Highway runs nearby, giving quick access south to Mordialloc and Aspendale or north towards Mentone, Cheltenham and the wider bayside corridor. It's a genuinely commutable suburb, whether by train or car, without the traffic pressure of suburbs closer to the city centre.
Schools & families
Families are well catered for locally, with Parkdale Primary School and Parktone Primary School both serving the area, and a range of secondary options within a short drive in Mentone, Mordialloc and Cheltenham. The suburb's median age of 43 and its mix of established homes point to a community with plenty of long-term residents who raised families here and stayed, which tends to translate into stable school communities and active local networks.
Housing & architecture
Housing stock in Parkdale is genuinely mixed rather than dominated by one style. Current listings show a fairly even split between townhouses (38%), standalone houses (30%) and apartments or units (29%), with a small proportion of land (3%) rounding things out. That variety means the suburb caters to a wide range of buyers, from young families after a classic bayside house to downsizers or first-home buyers looking at a townhouse or unit closer to the station.
The property market
Parkdale's median house price currently sits at $1.27 million, with units and apartments considerably more accessible at a median of $695,000. Median weekly rent across the suburb is $770. House prices have eased slightly over the recent period, down 2.3%, which may reflect broader market softening rather than anything specific to Parkdale itself, and could present an opening for buyers who've been priced out of tighter bayside markets like Beaumaris. Given its transport links, beach proximity and mix of dwelling types, Parkdale continues to draw comparisons with neighbouring Mentone and Mordialloc, generally at a more approachable price point.
Market snapshot
Parkdale property market
Median sale price
$1.27m
House · 3 bed
Median rent
$770
per week
Gross rental yield
3.2%
annual rent ÷ sale price
Typical price range
Entry
$916k
Median
$1.27m
Premium
$1.95m
Days on market
62
Auction clearance
58%
Sold this year
76
Median sold price trend · House 3 bed
Compound growth -1.5% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Parkdale by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Parkdale, VIC 3195.
Population
12,308
residents (2021)
Median age
43
years
Household income
$2,130
median, per week
Median rent
$410
per week
Median mortgage
$2,366
per month
Mortgage / income
26%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Parkdale
Government school catchment
Recent results
Recently sold in Parkdale
$980k
16/3-17 Taylor Street
Sold ~July 2026
$1.23m
1/5 Isabella Street
Sold ~July 2026
$960k
2/15 Imes Street
Sold ~July 2026
$675k
14/18 Warrigal Road
Sold ~July 2026
$1.00m
1/3 Lawborough Avenue
Sold ~July 2026
$1.98m
21B Fifth Street
Sold ~July 2026
$2.13m
11B Laburnum Street
Sold ~July 2026
$2.07m
15B Rennison Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Parkdale
Compare the area
Price map around Parkdale
Every listing for sale near Parkdale, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Parkdale suburb FAQ
What is the median property price in Parkdale?
The median house price in Parkdale, VIC is $1.27m for a 3-bedroom home. Over the past year, median sold prices have fallen about 2.3%.
How much is rent in Parkdale?
The median weekly rent in Parkdale is around $770 per week.
Is Parkdale a good place to live?
Parkdale is a suburb in Melbourne, Victoria, Australia, 23 km south-east of Melbourne's Central Business District, located within the City of Kingston local government area. Parkdale is an established residential suburb in VIC, with a population of around 12,308 and 2 schools in the area.
What is the population of Parkdale?
Parkdale has a population of 12,308 (ABS 2021 Census), with a median age of 43.
What schools are in Parkdale?
There are 2 schools in or near Parkdale, including Parkdale Primary School and Parktone Primary School.
How long do homes take to sell in Parkdale?
Properties in Parkdale take around 62 days to sell on average, with an auction clearance rate of about 58%.
How much do you need to buy in Parkdale?
Entry-level properties in Parkdale start around $916k, while premium homes reach $1.95m.
What suburbs are near Parkdale?
Suburbs near Parkdale include Mordialloc, Mentone, Aspendale, Cheltenham and Beaumaris.
Fresh to market
New this week in Parkdale
Immediate Comfort with Value-Add Potential
Vintage blanc with family sized renovation promise
Lifestyle, Location and Light-Filled Comfort
Beachside Sanctuary at your doorstep
Available now