Back 5 Royal Parade
Off Market

5 Royal Parade

Parkdale VIC 3195

4
2
2
1202 m²
House
Last sold for $2,600,000
Mathew CoxMathew Cox, last sold this property on 10 November 2025 after 95 days on market.

Overview

Extraordinary 1,202sqm – Spectacular Views

INSPECT VIA PRIVATE APPOINTMENT. CONTACT THE AGENT DIRECTLY TO ARRANGE. WE HAVE A CONCEPT PLAN FOR 5 TOWNHOUSES TO BE BUILT - please contact us if you would like to review. Taking in spectacular views of both the Dandenongs and Port Phillip Bay from its elevated position high above Parkdale, this classic home on an exceptional 1,202sqm (approx) presents buyers with an extraordinary, once-in-a-lifetime opportunity in a location to match. A home that provides families with immediate comfort and space - complete with a sparkling fully-tiled pool and backyard to love - there are also countless exciting possibilities for the site’s future. Update the interiors to create a setting befitting of the first-class beachside address. Consider crafting a brand-new luxury masterpiece to take you and your family through every stage in up-to-the-minute style; or explore options for a potential subdivision that capitalises on the magnificent proportions and unbeatable position just metres to the bay (STCA). Timelessly appealing, the existing clinker brick home spans three generous levels and boasts a choice of formal and casual living areas, including the second-floor retreat with balconies and far-reaching views to the bay on one side and Dandenongs on the other. Quality appliances star in the central modern kitchen while four bedrooms and two bathrooms are among the residence’s many family-pleasing inclusions. Polished hardwood floors and plantation shutters add a touch of effortless style while also offered are ducted heating, two open fireplaces, a full laundry, alarm and split system heating/cooling. There is also the convenience of a double auto garage while a sheltered alfresco terrace is the perfect spot to relax as the kids play in the pool or on the expansive back lawn. One of the highest points in Parkdale with arguably the best views, this rare and significant parcel is within moments of public transport, Mentone’s elite private schooling options, cafes, restaurants and shops. It is also approximately 400 metres to the water’s edge and in the sought-after Parkdale Secondary zone. For more information about this once-in-a-lifetime opportunity, please contact Mathew Cox at Buxton Mentone on 0413 102 224 or Emily Whitehead on 0420 997 276

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1202 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Parkdale over the last 12 months, the estimated median property value of 5 Royal Parade is $1.74m.

Median value
$1.74m
Estimated value range
$1.01m - $2.7m
Median days on market
25
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parkdale. 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 5 Royal Parade

2025
Sold
$2,600,000
10 Nov 2025 by Mathew Cox, of Buxton Mentone
2024
Sold
Undisclosed
24 Nov 2024 by Mathew Cox, of Buxton Mentone

Happy sellers in Parkdale

89%
89% of sellers in Parkdale reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in Parkdale over the last 12 months.

Local market activity for 4 bedroom houses in Parkdale

In the last 12 months, 42 four-bedroom houses similar to 5 Royal Parade, have been sold.

This represents a 12% increase in four-bedroom houses sales when compared to the previous 12 months.

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