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Unit 1006,
61 GALADA AVENUE Parkville VIC 3052

This property is Off Market

All about Parkville Homes for sale in Parkville

The Average property price in this area is $1,301,995, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 3.87 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Fletchers UNIT 702, 67 GALADA AV, For Sale $480,000 - $510,000 2 Beds - 1 Baths - 1 Parking Within 0.0 km Belle Property UNIT 206, 77 GALADA AV, $410,000 - $450,000 2 Beds - 1 Baths - 1 Parking Within 0.1 km Nelson Alexander UNIT 26, 109 MANNINGHAM ST, Auction $1,390,000 - $1,450,000 3 Beds - 2 Baths - 1 Parking Within 0.5 km Nelson Alexander 1-7 CHURCH ST, EOI $1,000,000 - $1,100,000 3 Beds - 2 Baths - 2 Parking Within 0.9 km Nelson Alexander FLAT 16, 202 THE AVENUE, Private Sale $595,000 1 Beds - 1 Baths - 1 Parking Within 1.6 km Woodards FLAT 5, 202 THE AVENUE, $415,000 1 Beds - 1 Baths - 1 Parking Within 1.6 km Nelson Alexander UNIT 27, 196 THE AVENUE, Private Sale $750,000 4 Beds - 3 Baths - 2 Parking Within 1.6 km Nelson Alexander 10 BRIDLEWAY WALK, Private Sale $2,200,000 4 Beds - 3 Baths - 2 Parking Within 1.8 km Nelson Alexander FLAT 18, 283 ROYAL PDE, Private Sale $1,100,000 3 Beds - 1 Baths - Parking Within 1.8 km

Recently Sold Properties in this Area

About Parkville

With an average age of 29, households expect an average monthly mortgage payment of $2,209 or a weekly rent payment of $380. The average family earns a weekly income of $2,478 with a typical household size of 2.4 and a 92.02% employment rate.

Consistent high demand relative to supply is a key feature in Parkville driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Parkville ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Parkville provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Parkville to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Parkville we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Parkville a better buying opportunity than it may have been in the past.

Public Transport

Stop 15: Leonard Street tram

Stop 26: Royal Park Station tram

Stop 23: Macarthur Road tram

Stop 24: State Netball Hockey Centre tram

Stop 25: Melbourne Zoo tram

Stop 25: Melbourne Zoo train

Royal Park

General Points of Interest

Hall's Taekwondo Centre golf

Green Acres Golf Club schools

Trinity College shopping

Como Centre monument

Admiral Creswell Memorial stadium

Melbourne Cricket Ground sport

Olympia Gymnasium monument

Centenary Bridge Pillar sport

West Brunswick Tennis Club stadium

Flemington Grandstand

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 428 asthma sufferers and 135 people living with diabetes. In addition, 134 people have a heart/vascular condition and 289 people live with three or more chronic diseases.

A good place to invest in property?

Parkville a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

70 / 100

52 / 100

Industry

14 / 100

17 / 100

Population

22 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

26 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Mount Alexander 7-12 College Flemington Primary School
Ascot Vale Heights School
Ascot Vale, VIC, 3032 State U
Brunswick South West Primary School
Brunswick West, VIC, 3055 State Prep-6
Parkville College
Parkville, VIC, 3052 State U

Property Story

Unit 1006, 61 Galada Avenue, Parkville, Vic, 3052 is a residential property . The estimated distance to the sea is 3.87km and 0.88KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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