Market snapshot
Suburb insights for Parkdale3195
Change suburbParkdale is located 22 km south-east of the CBD. Parkdale is a bayside suburb located in Melbourne's south. The suburb is principally residential with significant tracts of open space. Parkdale is traversed by the Frankston railway line and the Nepean Highway. The suburb also features the Parkdale Plaza Como Private Hospital and the Parkdale Life Saving Club.
Recent sales and auction results in Parkdale
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 59 Fifth St, Parkdale | 3 |  | House (Res) | Auction Sale | 14/02/2025 | Ray White Cheltenham | View |
| 1/19 Taylor St, Parkdale | 4 |  | Townhouse (Res) | Passed in at Auction | 14/02/2025 | Ray White Cheltenham | View |
Sales data
Median sale price
$1.5mil
Quarterly price change
-0.3%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Parkdale | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,340,000 | $807,000 |
| 4 | $1,647,500 | $950,000 |
| Insight | Parkdale | Metro comparison |
|---|---|---|
| Clearance rate | 71.8% | 72.6% |
| Days on market | 47 | 43 |
Rental data
Median weekly rent
$750
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Parkdale | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $750 | $550 |
| 4 | $875 | $600 |
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