Parkville is a tightly held parkland pocket, leafy and close to the university and hospital precinct, where very few houses come up for sale in any given year. When they do, buyers are highly selective: three-bedroom houses near $1.7m are clearing at around four in ten over roughly eight weeks, among the most measured results in the inner north.
The apartment market is student and investor territory, with well-priced one and two-bedroom stock the most active segment near the parklands.
For owners of one of the suburb's scarce period homes, the appeal is real but the buyer pool is discerning and patient. Presentation and a price grounded firmly in this year's genuine sales are what carry a campaign, because with so few comparable homes trading, buyers scrutinise value closely and will wait rather than stretch for a home that feels ahead of the market.
Median sale price for houses in Parkville is $1,730,000, down 2.5% from last year.
Median sale price for units in Parkville is $450,500, down 7.1% from last year.
Properties sold for houses in Parkville is 43, up 30.3% from last year.
Properties sold for units in Parkville is 86, up 41.0% from last year.
Auction clearance for houses in Parkville is 60.0%, up 1.5% from last year.
Auction clearance for units in Parkville is 66.7%, up 22.2% from last year.
Av days on market for houses in Parkville is 51, down 3.8% from last year.
Av days on market for units in Parkville is 43, down 24.6% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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