Parkville home, Mentone sells at $3.72 million

Parkville home, Mentone sells at $3.72 million
Jonathan ChancellorJune 1, 2016

One of Parkville’s most expensive houses sold under the hammer last weekend.

The four-bedroom home had been quoted at $3 to $3.3 million before auction.

The offering at 81-83 Park Drive, Mentone sold for $3.72 million.

There had been just the five owners since it was built in 1885 with a striking Hawthorn brick facade and a decorative cast iron balustrade.

The property last changed hands in 1999 for $962,500.

Parkville’s top residential sale price of $4.875 million was 260 The Avenue in 2014.

Records show Nocklofty at 551 Royal Pde had held the suburb’s second biggest house price of $3.7 million until last weekend.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.