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The quick read on

Parkville

VIC 3052 · Melbourne

What homes cost, how rents have moved, and a feel for the people who call it home.

Median house: $1,790,000
Median unit: $445,000
Population: 7,074
Postcode: 3052

Property market insights for Parkville (Vic.)

Median sale price and rental income of properties in Parkville (Vic.) VIC

Median price trend for houses

Based on 47 sales in the preceding 12 months

$1,790,000

Up 3.6% over 12 months

2 bed: $1.12m
3 bed: $2.04m
4 bed: $2.15m
5+ bed: $1.82m

Median rent trend for houses

Based on 36 rental listings in the preceding 12 months

$1,100 per week

Up 10.0% over 12 months

Market data updated October 2026.

The median house price in Parkville (Vic.), VIC is currently $1,790,000, based on the latest 12 months of sales. Parkville (Vic.) has a 12-month growth rate of 3.6% for houses and -11.8% for units.

Two-bedroom houses have a median sale price of $1,120,000, Three-bedroom houses have a median sale price of $2,040,000, Four-bedroom houses have a median sale price of $2,150,000, Larger houses have a median sale price of $1,820,000 in Parkville (Vic.).

If you're looking to lease, the median rent for houses in Parkville (Vic.) is $1,100 per week. The median house rent has increased 10.0% over the last 12 months.

The median price of apartments and units for sale in Parkville (Vic.) is $445,000, which has decreased 11.8% since the same time last year. One-bedroom apartments and units have a median sale price of $380,000, Two-bedroom apartments and units have a median sale price of $473,000, Three-bedroom apartments and units have a median sale price of $1,510,000 in Parkville (Vic.). The median rent for units and apartments in Parkville (Vic.) is $575 per week and has increased 4.5% over the last 12 months.

Crime and safety

Is Parkville safe?

The overall rate for Parkville is 13,700 offences per 100,000 residents — 242% above the Greater Melbourne benchmark.

That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Parkville.

See the detailed Parkville crime profile →How to read crime data

Overall crime rate

13,700

offences per 100,000 residents

242% aboveGreater Melbourne

ParkvilleGreater Melbourne: 4,001

Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.

The people behind the postcode

Who lives in Parkville?

Parkville VIC 3052 is in Victoria, within Greater Melbourne.

7,074 people call Parkville home, with an average of 2.1 people per household and a median household income of $1,885 a week.

Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.

Population: 7,074
Median age: 26 years
Median mortgage: $2,000 / month
2021 household rent: $396 / week

Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark

Age profile

Share of residents in each age band.

Under 156.6%Below

15–3462.4%Above

35–5416.1%Below

55–749.7%Below

75 and over5.2%Below

Homes

Share of occupied private dwellings.

Separate houses2.2%Below

Townhouses36.1%Above

Apartments61.4%Above

Ownership

Share of homes with a stated ownership or rental status.

Owned outright18.8%Below

Paying a mortgage14.8%Below

Renting66.3%Above

Cars at home

Vehicles available to occupied households.

No car17.9%Above

One car56.6%Above

Two cars20.3%Below

Three or more5.3%Below

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home34.5%Above

Drove to work21.0%Below

Train, tram or bus7.8%Above

Walked or cycled13.8%Above

What stands out in Parkville

34.5% of workers in Parkville worked from home on Census day — noticeably more common than across Greater Melbourne.

4.8% of Parkville residents were born in China.

54.5% of people in Parkville described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Parkville

Open any question for a plain-English reading of the public 2021 Census for Parkville VIC 3052.

Is Parkville family-friendly?Age, family structure and household size describe the community families would be joining.

6.6% of Parkville's residents were children under 15 in the 2021 Census. That is about half the Greater Melbourne rate.

1,032 family households lived in Parkville; 29.7% were couple families and 11.9% were one-parent families.

27.3% of local families included children under 15. That is well below the Greater Melbourne average.

These are suburb-wide household figures, not school or childcare ratings.

What is the age profile of Parkville?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Parkville had 7,074 residents at the 2021 Census.

33.6% of residents were aged 25 to 44.

14.9% were 55 or older. That is well below the Greater Melbourne average.

Age shares use the suburb’s total Census population.

What kind of homes are in Parkville?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 2.2% of occupied private dwellings in Parkville.

Townhouses and other attached homes represented 36.1% of occupied private dwellings.

Flats and apartments accounted for 61.4% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

Do people own or rent in Parkville?Tenure shows how many households own outright, have a mortgage or rent.

18.8% of households with a stated tenure owned their home outright. That is well below the Greater Melbourne average.

14.8% were buying their home with a mortgage.

66.3% rented their home. That is about twice the Greater Melbourne rate.

Tenure shares include households that stated one of these three arrangements.

How large are households in Parkville?Household-size data shows the mix behind the suburb-wide average.

The average household in Parkville had 2.1 people.

One-person households made up 36.1% of occupied homes. That is well above the Greater Melbourne average.

Two-person households represented 36.6%, while 13.5% had four or more usual residents.

Household size counts usual residents in occupied homes.

How do people get to work in Parkville?Census-day travel shows the balance between home, road, public transport and active travel.

34.5% of workers worked from home on Census day. That is somewhat above the Greater Melbourne average.

21.0% drove a car as their only travel method. That is about half the Greater Melbourne rate.

7.8% used only a train, tram or bus, while 13.8% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

How many cars do households have in Parkville?Vehicle availability helps describe the routines local households can support.

17.9% of occupied households had no motor vehicle available. That is about twice the Greater Melbourne rate.

One-car households formed 56.6% of the total.

25.5% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

Who's moving to Parkville, and who stays?Address history shows how settled or recently mobile residents were at the Census date.

24.8% were at the same address five years earlier, while 75.2% reported a different address.

37.4% of residents were born outside Australia. That is close to the Greater Melbourne average.

Mobility figures cover residents who answered the relevant Census question.

What languages are spoken in Parkville?Language at home gives a direct view of the community’s everyday linguistic mix.

66.3% of residents used only English at home.

28.7% used a language other than English at home.

6.2% spoke Mandarin at home, 2.8% spoke Cantonese and 1.1% spoke Hindi.

Home language is separate from English proficiency.

Where were Parkville residents born?Birthplace adds another layer to the local story, separate from ancestry and language.

37.4% of Parkville's population was born outside Australia, while roughly 62.6% was born in Australia.

4.8% of residents were born in China.

2.7% were born in India, while Australian citizenship across the whole suburb stood at 74.7%.

Birthplace, citizenship and ancestry describe different parts of identity.

What ancestries shape Parkville?Ancestry responses show how residents describe family and cultural background.

English ancestry accounted for 29.2% of ancestry responses in Parkville.

Australian ancestry made up 24.9% of responses.

Chinese ancestry represented 13.2% of responses.

People may nominate more than one ancestry, so these are shares of responses.

What work do people do in Parkville?Occupation describes a person’s role; industry describes the sector employing them.

39.5% of employed residents worked in professional occupations. That is well above the Greater Melbourne average.

Managers accounted for 10.1% of employed residents, while clerical and administrative workers made up 10.8%.

Health care and social assistance employed 12.1% of workers, and education and training employed 16.2%.

Occupation and industry figures describe employed residents of the suburb.

How active is the workforce in Parkville?Participation, employment pattern and unemployment describe the resident labour force.

The labour-force participation rate was 66.2%, compared with 64.1% across Greater Melbourne.

27.6% of residents aged 15 and over worked full time, while 26.1% worked part time.

Unemployment was 10.2%, compared with 5.3% across Greater Melbourne.

Labour-force figures come from the 2021 Census.

What does the health profile of Parkville show?Selected long-term health conditions help describe community service needs.

63.7% reported no selected long-term health condition.

12.8% reported a long-term mental health condition, including depression or anxiety.

9.3% reported asthma, 4.2% arthritis and 2.2% diabetes excluding gestational diabetes.

These are self-reported suburb-wide Census figures, not address-level health risks.

How educated is Parkville?Qualifications describe the study pathways represented among local residents.

40.2% of people in the qualifications table held a bachelor degree. That is well above the Greater Melbourne average.

Postgraduate degrees accounted for 29.4% of qualification responses.

Diploma-level qualifications represented 8.0%, while certificate-level qualifications represented 8.4%.

Qualification categories are reported separately and are not school ratings.

What do incomes and housing costs look like in Parkville?Census income and household payments give historical context for local living costs.

Median household income was $1,885 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $2,000.

Occupied renting households reported a median rent of $396 per week.

These household figures are from 2021; current sale and asking-rent medians appear in the market section.

How does Parkville compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.

Working from home was 34.5% in Parkville, compared with 28.8% across Greater Melbourne.

Outright ownership was 18.8% locally and 30.7% across Greater Melbourne. That is well below the Greater Melbourne average.

Renting accounted for 66.3% in Parkville, against 31.1% across Greater Melbourne.

Capital-region comparisons use the same Census definitions and year.

Three useful questions

A buyer’s quick guide to Parkville (Vic.)

Is Parkville (Vic.) expensive?

The median house price is $1,790,000, while units and apartments sit at $445,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Parkville (Vic.) good for families?

The Census counted 1,032 local families, and 6.6% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.

What can I get for $1.5m in Parkville (Vic.)?

Larger houses have a median around $1,820,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.

Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.

Explore the area

Streets and suburbs around Parkville (Vic.)

63 streets in Parkville (Vic.)

Street-by-street reports are not published yet. The streets below are the ones this suburb covers.

Barak St
Bayles St
Benjamin St
Brens Dr
Bridleway
Bunjil
Butler Ln
Cade
Cade Sq
Carrangall Pl
Church St
College Cr
Degraves St
Emu Ln
Engineering Lane
Fitzgibbon St
Flemington Rd
Galada Ave

Show all 63 streets

Garrard St
Gatehouse St
Grattan St
Ievers St
Jageurs Ln
Kernot Road
Kirrip Cr
Lennon St
Leonard St
Macarthur Rd
Manchester Ln
Manningham St
Masson Rd
Medical Road
Mile Ln
Monash Road
Morrah St
Morrison Close
Oak St
Old Poplar Road
Park Dr
Park St
Parkville Ave
Poplar Rd
Porters Lane
Post Office Ln
Professors Walk
Redpath Rise
Royal Parade
Royal Pde
Sauvage St
Southgate St
Spencer Road
St Georges Gr
Story St
Strickland Rd
Swanston Street
The Avenue
Tin Alley
Union Road
Walker St
Willam St
Wilson Avenue
Wimble St
Yates Ln

12 suburbs surrounding Parkville (Vic.)

Compare nearby suburb prices, rents and five-year market trends.

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Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.