Parkville at a glance
8,053
People
$1,768,888
Median sale
$584/wk
Median rent
1.72%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
VIC › Parkville › Parkville Ave
$1,850,000
Last sold
2 June 2026
5
Bedrooms
3
Bathrooms
2
Car spaces
402 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,850,000
2 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Parkville (last 5 years) with land size have a median of $4,110/m² of land (n=7). Districts calculation from recorded sales — not a valuation.
Parkville at a glance
8,053
People
$1,768,888
Median sale
$584/wk
Median rent
1.72%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Parkville
+4.6%
Median sale
Suburb $1,768,888
-0.08 pp
Gross yield
Suburb 1.72%
Suburb median $1,768,888 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Melbourne
Melbourne, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 403 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: SPECIFIC CONTROLS OVERLAY - PS MAP REF SCO10. Airport or OLS height limits can cap redevelopment even if zoning looks generous. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $584/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 403 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: SPECIFIC CONTROLS OVERLAY - PS MAP REF SCO10. Airport or OLS height limits can cap redevelopment even if zoning looks generous.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Parkville at a glance
8,053
People
$1,768,888
Median sale
$584/wk
Median rent
1.72%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McDonald UptonPrepare to be impressed at the level of considered detail layered throughout this family-sized inner-urban home. An architectural reimagining has taken the serviceable, but dull, original home and transformed it into something truly spectacular.
Awash with understated luxe appointments and light maximising glazing, the property’s ample ground level living spaces include an expansive wrap around lounge/dining with cosy gas log fireplace, and open family/meals extending out to a fabulous alfresco lounge with clever pitched roof specifically designed to manage seasonal sun glare.
A stand-out kitchen lined with Cantilever push button cabinetry, will delight the home chef, with its engineered stone counters, island/breakfast bar, premium Neff appliances (900 induction cooktop, convection/steam & convection/microwave ovens), integrated dishwasher, and glass splashbacks.
Ascend the wide timber staircase with its attractive custom railing, to the bedrooms -three spacious doubles, each providing BIR’s, are serviced by a family bathroom (shower, soaker tub, separate toilet), while the large-scale master boasts an enormous rockstar dressing room lined with bespoke cabinetry, through to ensuite (shower, dual vanity).
The backyard has been comprehensively landscaped into an entertaining oasis, with conversation seating around a firepit, and solar/gas heated pool complete with lighting and water features.
Bonus amenities include large WFH office (or 5th bed/guest room), additional downstairs bathroom (shower), practically appointed laundry, sleek microcement flooring, quality chunky loop wool carpets and timber floors, ducted heating/cooling, two car garage with internal access (plus guest park out front), and ample storage solutions.
This prized position, close to acres of parkland, walking and cycling trails, offers the ultimate connected lifestyle, with proximity to transport (bus, # 58 Tram, Royal Park Station), and Grantham Street shops, plus easy access to all the retail, café and dining delights of nearby suburbs. Zoned for Brunswick South West Primary.
Listing description written by Simon Cookson, McDonald Upton — reproduced as published, not verified by Districts.
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