Back 1/40 Leonard St
Off Market

1/40 Leonard St

Parkville VIC 3052

1
1
1
Apartment
Last sold for $515,000
Elizabeth KellyElizabeth Kelly, last sold this property on 01 July 2026 after 35 days on market.

Overview

Spacious Entry Level Living in Blue Chip Parkville

Positioned moments from Princes Park and Royal Park, this oversized ground-floor one-bedroom apartment delivers low-maintenance living in a prime inner-city location within an exclusive block of only six. Walk to Melbourne University, leading hospital precincts and city-bound trams, with vibrant cafés, shopping strips and the CBD all within easy reach. Privately set with its own entry, the light-filled interior features a spacious open-plan living and dining zone, plus a dedicated study nook perfect for working from home. The separate kitchen offers ample storage and an electric cooktop, while the generous bedroom includes built-in robes and sits beside a bright bathroom with shower-over-bath, integrated laundry and toilet. Additional highlights include hallway storage, secure shared storage for bulky items, electric heating, an allocated car space and access to beautifully maintained common-use gardens and outdoor spaces that enhance the sense of privacy and community. An outstanding first home or smart investment opportunity in one of Melbourne’s most connected lifestyle pockets.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
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 1/40 Leonard St is $394k.

Median value
$394k
Estimated value range
$285k - $580k
Median days on market
28
Estimated value trend
18%
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 1/40 Leonard St

2026
Sold
$515,000
01 Jul 2026 by Elizabeth Kelly, of Jellis Craig Brunswick
2023
Rented
Undisclosed
Leased on 11 Jan 2023 by Jellis Craig Brunswick
2019
Sold
$430,000
Auction Sale on 30 Nov 2019 by John Karr, of Jellis Craig Fitzroy

Happy sellers in Parkville

94%
94% 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 13 reviews in Parkville over the last 12 months.

Local market activity for 1 bedroom apartments in Parkville

In the last 12 months, 24 one-bedroom apartments similar to 1/40 Leonard St, have been sold.

This represents a 9% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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