micromarkets

Parkville, VIC 3052

Property data updated July 20267,074 residents

Last 12 months snapshot

135 sales · 349 leases · Refreshed July 2026

Parkville property market

Most of what happens in Parkville is unit rentals, with 293 leases (down 12%) at $573 a week (up 4.2%) as of July 2026, renting out in about 22 days (down from 23 days last year), with 2-bedroom the most common at around 55%.

Unit sales are a much smaller second, with 101 sales (up 17.4%) at around $477.5k (down 6.2%), taking about 41 days to sell (up a lot from 30 days last year), with prices weaker than most unit markets, with more than half being 2-bedroom. Then come 56 house rentals at $1,095 a week (with rents weaker than most house rental markets). 34 house sales at around $1.768M.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Parkville demographics & population

Population

7,074

Median age

26yrs

Avg household

2.1people

Male · Female

48% · 52%

Owner-occupied

Renting

Lone person

Couples, no kids

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

The full Parkville report

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Census · ABS 2021

Who lives in Parkville?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex4,497 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

1.1 people / household1.0 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity54%

Chance two random residents were born in different countries

Language diversity41%

Chance two random residents speak different languages at home

Religious diversity42%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Before 198150%

1981-200050%

2001-201050%

2011-201550%

2016-202150%

2020–21 understated — COVID border closures.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Parkville

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rentTop 49%

Median monthly mortgageBottom 39%

Rent stress (rent ÷ income)Top 50%

Mortgage stress (repay ÷ income)Top 50%

High mortgage (≥$3k/mo)Top 50%

Social housingTop 50%

Unoccupied on census nightTop 50%

Large dwellings (4+ bed)Top 50%

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Parkville

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal incomeBottom 8%

Median family incomeTop 50%

Managers & professionalsTop 50%

High earners (≥$2k/wk)Top 50%

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionalsTop 50%

Clerical & adminTop 50%

Community & personal serviceTop 50%

Sales workersTop 50%

Technicians, trades & labourersTop 50%

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 2.9× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workersTop 50%

Part-time workersTop 50%

Unemployment rateTop 50%

Not in labour forceTop 50%

Labour-force participationTop 50%

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Parkville

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to workTop 50%

Walked or cycled to workTop 50%

Worked from homeTop 50%

No motor vehicleTop 50%

Vehicles per dwellingBottom 12%

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Parkville

2 schools inside Parkville, plus the closest options around it. Families can choose from 100 primary schools in Parkville and its surrounds, and 45 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Parkville2schools in the suburb itself

Primary schools100within 5 km · nearest 2.7 km

Secondary schools45within 5 km · nearest in suburb

Median ICSEA rank50thenrolment-weighted

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within150 schools

Within Parkville · 2Order by
1
University High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Within suburb
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
2
Parkville CollegeGovernment · Special · Within suburb
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
Nearby · within 5 km · 148
3
MacRobertson Girls High SchoolGovernment · Secondary · Co-ed · Years 9-12 · Melbourne · 2.7 km
State RankTop 1%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
4
Melbourne High SchoolGovernment · Secondary · Co-ed · Years 9-12 · South Yarra · 2.7 km
State RankTop 1%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
5
South Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Southbank · 2.7 km
State RankTop 1%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
6
St Aloysius CollegeCatholic · Secondary · Co-ed · Years 7-12 · North Melbourne · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
7
Princes Hill Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Princes Hill · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
8
Northcote High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Northcote · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
9
Lowther Hall Anglican Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Essendon · 2.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students269Multilingual50%ICSEA Rank50th
10
St Columba's CollegeCatholic · Secondary · Co-ed · Years 7-12 · Essendon · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
11
Victorian College Of The Arts Secondary SchoolGovernment · Secondary · Co-ed · Years 7-12 · Southbank · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
12
Maribyrnong CollegeGovernment · Secondary · Co-ed · Years 7-12 · Maribyrnong · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
13
Melbourne Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Melbourne · 2.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students269Multilingual50%ICSEA Rank50th
14
Albert Park CollegeGovernment · Secondary · Co-ed · Years 7-12 · Albert Park · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
15
Melbourne Girls GrammarIndependent · Combined · Co-ed · Years Prep-12 · South Yarra · 2.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students269Multilingual50%ICSEA Rank50th
16
Melbourne Girls CollegeGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
17
St Bernard's CollegeCatholic · Secondary · Co-ed · Years 7-12 · Essendon · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
18
Preston High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Preston · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
19
North Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · North Melbourne · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
20
Carlton North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton North · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
21
Brunswick South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick East · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
22
Ascot Vale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ascot Vale · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
23
Fitzroy Community SchoolIndependent · Primary · Co-ed · Years Prep-6 · Fitzroy North · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
24
Our Lady Help of Christians SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick East · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
25
Clifton Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clifton Hill · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
26
Merri Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy North · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
27
St Margaret Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick North · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
28
Brunswick East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick East · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
29
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ascot Vale · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
30
St Fidelis' SchoolCatholic · Primary · Co-ed · Years Prep-6 · Moreland · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual1%ICSEA Rank50th
31
Coburg West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
32
Essendon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Essendon · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
33
Pascoe Vale South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Pascoe Vale South · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
34
Spensley Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clifton Hill · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
35
Footscray City Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Footscray · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
36
St Bernard's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Coburg · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
37
Abbotsford Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Abbotsford · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
38
Westgarth Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Northcote · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
39
St Therese's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Essendon · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
40
Coburg Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
41
St Vincent de Paul's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Strathmore · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
42
St Paul's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Coburg · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
43
St Margaret's Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Maribyrnong · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
44
Aberfeldie Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Essendon · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
45
Yarra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
46
Wales Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
47
Albert Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Albert Park · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
48
St Anthony's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Alphington · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
49
Fairfield Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fairfield · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
50
St Oliver Plunkett's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Pascoe Vale · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
51
Pascoe Vale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Pascoe Vale · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
52
Strathmore Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Strathmore · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
53
Yarraville West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Yarraville · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
54
Essendon North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Essendon North · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
55
Christ Church Grammar SchoolIndependent · Primary · Co-ed · Years Prep-6 · South Yarra · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
56
Footscray West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · West Footscray · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
57
Preston South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
58
South Yarra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · South Yarra · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
59
Preston West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
60
St Raphael's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Preston West · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
61
Newlands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 2.7 km
State RankTop 50%EnglishMathsStudents269Multilingual50%ICSEA Rank50th
62
St Michael's Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · North Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
63
Debney Meadows Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Flemington · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
64
Mount Alexander 7-12 CollegeGovernment · Secondary · Co-ed · Years 7-12 · Flemington · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
65
St Brendan's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Flemington · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
66
Flemington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Flemington · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
67
Princes Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton North · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
68
Saints CollegeCatholic · Special · Co-ed · Years 7-12 · North Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
69
Brunswick Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Brunswick · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
70
Brunswick South West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
71
Ascot Vale Heights SchoolGovernment · Special · Co-ed · Years U · Ascot Vale · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
72
Kensington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kensington · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
73
Carlton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
74
Sydney Road Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Brunswick · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
75
Holy Rosary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kensington · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
76
River Nile SchoolIndependent · Special · Co-ed · Years 11-12 · North Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
77
Kensington Community High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Kensington · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
78
Simonds Catholic CollegeCatholic · Secondary · Co-ed · Years 7-12 · West Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
79
Carlton Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
80
Brunswick North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
81
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick West · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
82
Academy of Mary ImmaculateCatholic · Secondary · Co-ed · Years 7-12 · Fitzroy · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
83
Hester Hornbrook AcademyIndependent · Special · Co-ed · Years 10-12 · Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
84
Docklands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Docklands · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
85
Moonee Ponds Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moonee Ponds · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
86
Fitzroy North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy North · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
87
Deutsche Schule MelbourneIndependent · Primary · Co-ed · Years Prep-6 · Fitzroy North · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
88
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Fitzroy · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
89
Ozford CollegeIndependent · Secondary · Co-ed · Years 10-12 · Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
90
Fitzroy Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
91
Fitzroy High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Fitzroy North · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
92
Brunswick North West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
93
Ascot Vale West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ascot Vale · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
94
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Collingwood · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
95
St Monica's Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Moonee Ponds · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
96
Merri-bek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
97
Collingwood English Language SchoolGovernment · Special · Co-ed · Years Prep-12 · Collingwood · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
98
Collingwood CollegeGovernment · Combined · Co-ed · Years Prep-12 · Collingwood · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
99
Moonee Ponds West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moonee Ponds · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
100
St Monica's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Footscray · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
101
Croxton SchoolGovernment · Special · Co-ed · Years U · Northcote · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
102
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Northcote · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
103
Northcote Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Northcote · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
104
Montague SchoolGovernment · Special · Co-ed · Years U · South Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
105
Footscray High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Footscray · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
106
Islamic College of SportIndependent · Secondary · Co-ed · Years 11-12 · Coburg · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
107
Santa Maria CollegeCatholic · Secondary · Co-ed · Years 7-12 · Northcote · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
108
Sophia Mundi Steiner SchoolIndependent · Combined · Co-ed · Years Prep-12 · Abbotsford · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
109
Richmond West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
110
Antonine CollegeCatholic · Combined · Co-ed · Years Prep-12 · Pascoe Vale South · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
111
Footscray Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Footscray · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
112
Port Melbourne Secondary CollegeGovernment · Secondary · Co-ed · Years 7-10 · Port Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
113
Thornbury Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
114
Galilee Regional Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · South Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
115
Coburg High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Coburg · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
116
Port Phillip Specialist SchoolGovernment · Special · Co-ed · Years U · Port Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
117
Port Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Port Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
118
Coburg Special Developmental SchoolGovernment · Special · Co-ed · Years U · Coburg · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
119
Bindjiroo Yaluk Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
120
Ave Maria CollegeCatholic · Secondary · Co-ed · Years 7-12 · Aberfeldie · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
121
Melbourne Indigenous Transition SchoolIndependent · Special · Co-ed · Years 7-8 · Richmond · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
122
Coburg North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
123
Bell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
124
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thornbury · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
125
St John's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Footscray · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
126
Youth2Industry CollegeIndependent · Secondary · Co-ed · Years 11-12 · South Melbourne · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
127
Richmond High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
128
Our Lady of the Nativity SchoolCatholic · Primary · Co-ed · Years Prep-6 · Aberfeldie · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
129
Australian International Academy of EducationIndependent · Combined · Co-ed · Years Prep-12 · Coburg · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
130
Footscray North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Footscray · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
131
Strathmore Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Strathmore · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
132
St Augustine's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Yarraville · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
133
South Melbourne Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Albert Park · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
134
Trinity Catholic SchoolCatholic · Primary · Co-ed · Years Prep-6 · Richmond · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
135
St John's College PrestonIndependent · Combined · Co-ed · Years Prep-12 · Preston · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
136
Buckley Park CollegeGovernment · Secondary · Co-ed · Years 7-12 · Essendon · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
137
Mercy CollegeCatholic · Secondary · Co-ed · Years 7-12 · Coburg · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
138
Richmond Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
139
Holy Spirit SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thornbury · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
140
Yarraville Special Developmental SchoolGovernment · Special · Co-ed · Years U · Yarraville · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
141
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Preston · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
142
Penders Grove Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
143
Middle Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Middle Park · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
144
Centre for Higher Education StudiesGovernment · Secondary · Co-ed · Years 10-12 · South Yarra · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
145
Hawthorn West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
146
KamarukaIndependent · Special · Co-ed · Years 2-10 · South Yarra · 2.7 km
State Rank—English—Maths—Students269Multilingual1%ICSEA Rank50th
147
Rosehill Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Niddrie · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank50th
148
Travancore SchoolGovernment · Special · Travancore · 2.7 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
149
Victorian School Of LanguagesGovernment · Combined · Collingwood · 2.7 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
150
Ignatius Learning CentreCatholic · Secondary · Co-ed · Years 11-12 · Richmond · 2.7 km
State Rank—English—Maths—Students269Multilingual50%ICSEA Rank—

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ yearsTop 50%

Moved in past yearTop 50%

Arrived from overseas (5 yr)Top 50%

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Parkville median house price & rent

Headline price, rent, yield and time on market for Parkville — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

974kk

↑ +0.5% YoY

Days on marketⓘLast 12 months

↓ 1 day YoY

SoldⓘLast 12 months

↑ +50.0% YoY

Months of supplyⓘLast 12 months

5.8mo

Median rentⓘLast 12 months

$557/w

↑ +50.0% YoY

Days to leaseⓘLast 12 months

↑ 1 day YoY

LeasedⓘLast 12 months

↑ +0.5% YoY

Gross yieldⓘLast 12 months

3.46%

Annualised

Data confidenceSales sample25StrongLease sample66Strong

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed25 sales · 66 leases

19+0.5%

$974k+0.5%

27 days

54+50.0%

$557/wk+0.5%

12 days−1d

3.46%

—

Houses · 3 bed25 sales · 66 leases

19+50.0%

$974k+0.5%

27 days+1d

54+0.5%

$557/wk+50.0%

12 days−1d

3.46%

—

50/100

Houses · 4 bed25 sales · 66 leases

19+0.5%

$974k+50.0%

27 days+1d

54+0.5%

$557/wk+0.5%

12 days−1d

3.46%

—

Units · 1 bed25 sales · 66 leases

19+50.0%

$974k+0.5%

27 days+1d

54+0.5%

$557/wk+50.0%

12 days−1d

3.46%

50/100

Units · 2 bed25 sales · 66 leases

19+50.0%

$974k+0.5%

27 days+1d

54+0.5%

$557/wk+50.0%

12 days−1d

3.46%

50/100

Units · 3 bed25 sales · 66 leases

19+0.5%

$974k+50.0%

27 days+1d

54+0.5%

$557/wk+0.5%

12 days−1d

3.46%

—

50/100

All houses

19+50.0%

$974k+0.5%

27 days+1d

54+50.0%

$557/wk+0.5%

12 days−1d

3.46%

50/100

All units

19+50.0%

$974k+0.5%

27 days+1d

54+0.5%

$557/wk+50.0%

12 days−1d

3.46%

50/100

Where each segment ranks

Parkville property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

1/1above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

3/3above median

02550 · MEDIAN75100

Percentile vs VIC

Value

The buy-versus-rent equation

Buying vs renting in Parkville

What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.

Property

Compare to

Units · 1 bed: +1%

Units · 2 bed: +1%

Units · Total: +1%

Houses · Total: +50%

VIC MEDIAN · +32%

Rent covers itRenting matches or beats the cost of owning−10% to 0%

BalancedMortgage roughly matches asking rent+30% to +60%

Far pricier to ownBuying costs much more than renting+100% to +130%+

BreakdownLast 12 months

Holding cost

Mortgage

Rent

Premium

Band

Assumes 80% LVR6.0% rate30y P&I

Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

4 nearby suburbs · 10km · Total unit · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

84 / 100vs VIC

Days on market

16 days▲ +1 day YoY

Median price

$456k▲ +4.3% YoY

Sold (last year)

314▲ +9.8% YoY

Nearby suburb

Demand index

39 / 100vs VIC

Days on market

20 days▲ +3 days YoY

Median price

$260k▲ +2.6% YoY

Sold (last year)

75▲ +19.4% YoY

Nearby suburb

Demand index

52 / 100vs VIC

Days on market

14 days▼ −1 day YoY

Median price

$416k▼ −2.0% YoY

Sold (last year)

27▲ +5.3% YoY

Nearby suburb

Demand index

85 / 100vs VIC

Days on market

24 days▼ −2 days YoY

Median price

$244k0.0% YoY

Sold (last year)

266▲ +10.8% YoY

Parkville · this suburb

Demand index

25 / 100vs VIC

Days on market

27 days▲ +1 day YoY

Median price

$974k▲ +0.5% YoY

Sold (last year)

19▲ +50.0% YoY

weakSales market velocityhow strong sales demand isstrong

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Parkville against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Parkville in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

4 peer suburbs · 10km · Total unit

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

73 / 100vs Australia

Days on market

16 days▲ +1 day YoY

Median price

$456k▲ +4.3% YoY

Sold (last year)

314▲ +9.8% YoY

Gross yield

4.00%

Nearby suburb

Demand index

33 / 100vs Australia

Days on market

20 days▲ +3 days YoY

Median price

$260k▲ +2.6% YoY

Sold (last year)

75▲ +19.4% YoY

Gross yield

4.94%

Nearby suburb

Demand index

43 / 100vs Australia

Days on market

14 days▼ −1 day YoY

Median price

$416k▼ −2.0% YoY

Sold (last year)

27▲ +5.3% YoY

Gross yield

2.58%

Nearby suburb

Demand index

66 / 100vs Australia

Days on market

24 days▼ −2 days YoY

Median price

$244k0.0% YoY

Sold (last year)

266▲ +10.8% YoY

Gross yield

5.61%

Parkville · this suburb

Demand index

50 / 100vs Australia

Days on market

27 days▲ +1 day YoY

Median price

$974k▲ +0.5% YoY

Sold (last year)

19▲ +50.0% YoY

Gross yield

3.46%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Band	Months of supply left	YoY	Listed	Sold	Per month
Severe shortage	0.9	▼ -2.2	1	19	1.6
Severe shortage	1.1	▼ -3.9	2	19	1.6
Balanced	2.1	▼ -2.3	3	19	1.6
Balanced	2.4	▲ +0.4	4	19	1.6
Loose	5.8	▲ +1.6	9	19	1.6
Loose	6.2	▲ +2.5	10	19	1.6
Oversupply	7.3	▲ +2.8	12	19	1.6

median

Rental market

Band	Months of supply left	YoY	Listed	Leased	Per month
Tight	0.4	▼ -1.0	2	54	4.5
Slightly loose	1.0	▲ +1.0	5	54	4.5
Loose	1.2	—	5	54	4.5
Loose	1.4	▼ -2.2	6	54	4.5
Loose	1.8	▼ -0.2	8	54	4.5
Oversupply	1.9	▼ -0.4	9	54	4.5
Oversupply	2.0	▲ +1.7	9	54	4.5
Oversupply	2.3	▲ +0.3	10	54	4.5

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Parkville — Units & Houses, all bedrooms

Jul 2021 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Parkville median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Five-year summaryAs of Jun 2026, the median house sale price in Parkville rose from $1.50M (Jul 2021) to $1.59M (Jun 2026) — +5.6% growth over five years — peaking at $1.87M between Jul 2021 and Jun 2022. Median house rent went from $588/wk to $893/wk (+51.9%) over the same period. For units, the median sale price fell from $457k to $416k (−8.8%), with rent up from $197/wk to $431/wk (+118.8%) over the same period.

Property

Bedrooms

Median price (trailing year)

Jun 2026

$1.59M+42.8%

5y median $1.41Mvs last year $1.11M

Total sales (trailing year)

Jun 2026

22+4.8%

5y median 20vs last year 21

Days on market (trailing year)

Jun 2026

17 days-13

5y median 34 daysvs last year 30 days

Median rent (trailing year)

Jun 2026

$893/wk+17.0%

5y median $650/wkvs last year $763/wk

Total leases (trailing year)

Jun 2026

31-6.1%

5y median 45vs last year 33

Days on market (rental) (trailing year)

Jun 2026

18 days+4

5y median 17 daysvs last year 14 days

Gross yield (trailing year)

Jun 2026

2.74%+0.98 pt

5y median 1.76%vs last year 1.76%

Months of supply

Jun 2026

3.0 months-33.2%

5y median 2.6 monthsvs last year 4.5 months

Months of supply (rental)

Jun 2026

1.6 months-17.9%

5y median 1.2 monthsvs last year 2.0 months

Nearby markets

Suburbs near Parkville: prices compared

The nearest suburbs to Parkville, ranked by distance — each lined up against Parkville on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketParkvilleVIC 3052 · Units · Total

Price$974k

DOM27 days

Sold19

5 markets within 5kmLast 12 months

Carlton NorthVIC 30540.9kmUnits · Total

TravancoreVIC 30320.9kmUnits · Total

North MelbourneVIC 30511.0kmUnits · Total

CarltonVIC 30531.3kmUnits · Total

Princes HillVIC 30541.4kmUnits · Total

Price$606k

DOM9 days

Sold2

much cheapermuch faster

Stat colourHow each suburb's stat compares to Parkville

Much lowerLowerSimilarHigherMuch higher

Similar markets

Suburbs like Parkville

Suburbs anywhere in VIC that behave like Parkville — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)

Parkville vs West Melbourne: the closest sales-market match trades at a median of $357k against Parkville's $974k — about 63% lower, with homes selling in 33 days versus 27 days here.

Colour by

Property

Bedrooms

Market

This marketParkvilleVIC 3052Units · Total

Price$974k

DOM27 days

Sold19

Most similar sales markets · within 2.5–46 kmLast 12 months

West MelbourneVIC 30033km54% match

Price$357k

DOM33 days

Sold246

RipponleaVIC 318510km51% match

Price$304k

DOM29 days

Sold25

GardenvaleVIC 318511km51% match

Price$384k

DOM15 days

Sold22

TarneitVIC 302915km67% match

Price$353k

DOM22 days

Sold48

RomseyVIC 343446km60% match

Price$398k

DOM25 days

Sold22

Stat colourHow each suburb's stat compares to Parkville

Much lowerLowerSimilarHigherMuch higher

Comparable sales markets to Parkville: West Melbourne market trends, Ripponlea median house price, Gardenvale property market, Tarneit (VIC 3029) and Romsey property growth.

Parkville's closest rental-market twins: West Melbourne (VIC 3003), Ripponlea median house price, Gardenvale property growth and Tarneit, VIC property market. Each link opens that suburb's full market report.

Market data

Frequently asked · Parkville

26 data-driven answers about Parkville's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

What is the median house price in Parkville?

The median house price in Parkville, VIC 3052 is $974k as of June 2026, based on 25 sales over the past 12 months. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

What is the median unit price in Parkville?

The median unit price in Parkville, VIC 3052 is $974k as of June 2026, based on 25 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.

How much does it cost to rent in Parkville?

The median weekly house rent in Parkville is $557 as of June 2026, drawn from 66 leases over the past 12 months. Units rent for around $557 per week. House rents have moved +0.5% year-on-year. Current vacancy pressure is shown in the supply section above.

How much is rent for a 3 bedroom house in Parkville?

A 3 bedroom house in Parkville rents for a median $557 per week as of June 2026, drawn from 66 leases over the past 12 months. Across other house sizes: 2-bedroom $557/week, 4-bedroom $557/week. Unit rents: 1-bedroom $557/week, 2-bedroom $557/week, 3-bedroom $557/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

What is the gross rental yield in Parkville?

Gross rental yield in Parkville is 3.46% for houses and 3.46% for units as of June 2026, compared with the VIC unit median of 2.86%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

How much is a 3 bedroom house in Parkville?

As of June 2026, Parkville medians by bedroom count:

How much is a 3 bedroom house in Parkville?
Property	1 bed	2 bed	3 bed	4 bed	Total
Houses	—	$974k	$974k	$974k	$974k
Units	$974k	$974k	$974k	—	$974k

Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.

What does it cost to own versus rent at the Parkville median?

At the median Parkville house ($974k purchase, $557/week rent), weekly mortgage repayments sit at roughly $604 — about $47 more per week than renting. That gap is the ownership premium. For the median unit ($974k purchase, $557/week rent), repayments run about $604 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.

How the market is moving

Speed, supply, growth, cycle phase

What are Parkville's property market trends?

Parkville's property market trends to June 2026: house prices rose +0.5% year-on-year and units +0.5%; weekly house rents moved +0.5%; homes now sell in a median 27 days — slower than a year ago by 1; sales supply sits at 7.3 months (saturated). Read together — price, rent, selling speed and supply — they show which way the Parkville market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

What does the data say about Parkville as an investment?

As of June 2026 in Parkville, house prices rose +0.5% over the year, gross rental yield is 3.46% against a VIC median of 3.27%, houses take a median 27 days to sell, sales supply is 7.3 months (saturated). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

How quickly do houses sell in Parkville?

Houses in Parkville sell in a median 27 days on market as of June 2026, with units clearing slightly similarly at 27 days. Days on market have lengthened by 1 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Is Parkville a tight or loose property market right now?

Parkville's sales market sits at 7.3 months of supply for houses as of June 2026 — classified as Saturated (extreme oversupply) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 1.8 months of supply.

Have property prices in Parkville gone up or down?

House prices in Parkville moved +0.5% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

How active is the rental market in Parkville?

Parkville's house rental market sits at 1.8 months of supply as of June 2026 — classified as Balanced, with 54 houses leased over the past 12 months. Units sit at 0.4 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.

Where is Parkville in its property market cycle?

Parkville's house market is currently in the 'softer_firming' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year loosening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.

How it compares

Vs state, vs nearby, vs popular

How does Parkville compare to other VIC suburbs?

Parkville's median house price ($974k) is 41% above the VIC median ($689k) as of June 2026. On selling speed, houses clear in 27 days vs 15 days state median. On gross yield, Parkville sits at 3.46% vs 3.27% state median.

How does Parkville compare to neighbouring suburbs?

Parkville's most-similar nearby market is Glen Huntly (10.8 km away) with a median house price of $1.13M — about 16% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.

What's the most popular property type in Parkville?

The most-transacted segment in Parkville over the 12 months to June 2026 is 2 bed houses with 19 sales. 3 bed houses come second at 19 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

How many properties were sold and leased in Parkville last year?

Parkville recorded 19 house sales and 19 unit sales over the 12 months to June 2026 — a combined 38 transactions. On the rental side, 54 houses and 54 units were leased. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools

What postcode is Parkville in?

Parkville is in postcode 3052, in the Inner Melbourne region of VIC. Addresses there are written as Parkville, VIC 3052.

What is the population of Parkville?

Parkville, VIC 3052 is home to 4,497 residents (ABS Census 2021). The median resident age is 18, and the average household holds 1.1 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Parkville?

The median household in Parkville earns $1k per week — roughly $57k a year (ABS Census 2021). Median personal income runs $371/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Parkville?

The unemployment rate in Parkville is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Parkville?

Parkville is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Parkville?

Parkville has 150 schools within reach, 2 of them inside the suburb itself — including Parkville College, University High School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Parkville a good place to live?

Parkville, VIC 3052 has a population of 4,497, a median age of 18, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Parkville market data last updated?

This Parkville market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.