Back 1/228 The Avenue
Off Market

1/228 The Avenue

Parkville VIC 3052

1
1
1
Apartment
Sonya LaferlaSonya Laferla, last sold this property on 01 May 2026 after 22 days on market.

Overview

Expressions Of Interest, Closing Thursday 30 April at 5:00pm

An Address of Enduring Prestige Architectural Distinction Meets Parkside Living Nestled on the ground floor of an esteemed Parkville landmark, Residence No. 1 forms part of the acclaimed Arcadia Building, an enduring symbol of architectural distinction. Designed by renowned Fender Katsalidis architects, this iconic address offers a serene and secure living environment, enriched by a strong sense of community and impeccably maintained communal spaces. Positioned within the heart of the Parkville Gardens precinct, the residence offers graceful proportions with premium finishes throughout and presents an exciting opportunity to enjoy a bespoke urban retreat that balances privacy with cosmopolitan sophistication. - Spacious, open-plan living and dining area flows to a private courtyard, enhancing the sense of space and inviting refined alfresco living within a tranquil setting. - Gourmet kitchen appointed with bespoke joinery, stainless-steel splashback and modern appliances, thoughtfully designed to support both effortless everyday living and elegant entertaining. - The generously proportioned bedroom features a luxurious walk-in robe and is complemented by a sophisticated bathroom showcasing full-height tiling, a large walk-in shower, and modern fittings. - Additional appointments include a renovated European laundry, reverse-cycle air-conditioning, central heating, secure basement parking, intercom entry, and lift access, ensuring comfort and security. - Direct access to Royal Park affords an enviable outdoor lifestyle, with immediate proximity to walking and cycling trails, golf courses, and premier sporting facilities. - Set within the coveted Parkville Gardens enclave, this master-planned community is celebrated for its heritage character, verdant surrounds, and exceptional connectivity, offering a rare balance of urban convenience and leafy retreat just moments from the CBD. - Unrivalled proximity to Melbourne's leading medical, research, and education precincts, as well as the iconic Melbourne Zoo. - A vibrant lifestyle is further enhanced by the cafe culture of Lygon Street and Sydney Road, boutique retail offerings, and excellent transport connectivity, including trams, buses, and the newly opened Parkville Metro station.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Parkville over the last 12 months, the estimated median property value of 1/228 The Avenue is $378.5k.

Median value
$378.5k
Estimated value range
$262k - $580k
Median days on market
28
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parkville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/228 The Avenue

2026
Sold
Undisclosed
Private Sale/Treaty on 01 May 2026 by Sonya Laferla, of Nelson Alexander Carlton North
2022
Rented
Undisclosed
Leased on 12 Dec 2022 by Nelson Alexander Fitzroy
2018
Rented
Undisclosed
Leased on 06 Jun 2018 by Nelson Alexander Fitzroy

Happy sellers in Parkville

95%
95% of sellers in Parkville reported that their sale price either exceeded or met their price expectations.

Parkville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Parkville over the last 12 months.

Local market activity for 1 bedroom apartments in Parkville

In the last 12 months, 23 one-bedroom apartments similar to 1/228 The Avenue, have been sold.

This represents a 14% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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