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Back 537 Royal Parade
Off Market

537 Royal Parade

Parkville VIC 3052

5
4
2
242 m²
House
Last sold for $2,600,000
Liam CarringtonLiam Carrington, last sold this property on 20 May 2026 after 64 days on market.

Overview

Architectural Parkside Living

Positioned along the prestigious Royal Parade boulevard and directly opposite the expansive greenery of Princes Park, this architecturally designed residence delivers sophisticated inner-city living across multiple light-filled levels. Designed with both lifestyle and functionality in mind, the home showcases generous open-plan living and dining zones complemented by a sleek contemporary kitchen featuring stone benchtops, quality appliances, and ample storage. Large windows and thoughtful design allow natural light to flow throughout, creating a warm and inviting space ideal for both everyday living and entertaining. Accommodation is well considered with multiple spacious bedrooms, including a private main suite complete with built-in robes and an elegant ensuite. Additional bedrooms are serviced by stylish central bathrooms, offering flexibility for families, guests, or those working from home. The standout feature is the expansive rooftop terrace – a rare inner-city retreat perfect for entertaining, relaxing, or enjoying panoramic views across the surrounding parklands and city skyline. Additional features include secure basement parking, modern finishes throughout, and clever storage across every level. Perfectly located moments from Melbourne University, the hospital precinct, Princes Park, and the vibrant cafés and restaurants of nearby Lygon Street and Brunswick East, this home offers exceptional connectivity with trams at your doorstep and easy access to the CBD. A rare opportunity to secure a contemporary residence in one of Melbourne’s most tightly held park-side locations.

Features

5 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
242 m² floor area
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Parkville over the last 12 months, the estimated median property value of 537 Royal Parade is $1.85m.

Median value
$1.85m
Estimated value range
$1.3m - $4.7m
Median days on market
25
Estimated value trend
9%
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 537 Royal Parade

2026
Sold
$2,600,000
20 May 2026 by Liam Carrington, of VICPROP BRUNSWICK
2019
Rented
Undisclosed
Leased on 16 Oct 2019 by VICPROP – CBD

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 5 bedroom houses in Parkville

In the last 12 months, 9 five-bedroom houses similar to 537 Royal Parade, have been sold.

This represents a 150% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Parkville

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Liam Carrington

Liam Carrington is an award winning recommended agent for Parkville.  They have 5 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (44 reviews)
  •  6 Reviews in Parkville
  •  5 Sales in Parkville
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Frank Mammone

Sellers who recommend Frank Mammone have praised them for being clear communication, local expert, supportive, reliable, persistent, hard-working and stress-free process

  •   4.9   (24 reviews)
  •  2 Reviews in Parkville
  •  1 Sale in Parkville
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Carol Huang

Carol Huang is a recommended agent for Parkville.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (18 reviews)
  •  2 Reviews in Parkville
  •  1 Sale in Parkville
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Lauren McElroy

Lauren McElroy is a recommended agent for Parkville.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (70 reviews)
  •  1 Review in Parkville
  •  2 Sales in Parkville
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