114 Munnering Lane, Princes Hill is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1889. The property has a land size of 176m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Overlooking an expansive lawned garden, this tranquil residence, once the John Lawson Furniture Factory (1889), combines modern comfort with authentic industrial architectural detail. In a wide lane moments from Princes Park, Lygon Street transport and schools, and close to Melbourne University and Sydney Road shops, this immaculate light-flooded home has garden outlooks from all main rooms. A functional floor plan offers a spectacular living/dining room with study zone, soaring beam and truss ceilings, gas log fire and Juliet balcony, open to a custom kitchen (Rosieres dual oven stove, integrated fridge and pantry) and wide verandah; two double bedrooms (BIRs) and a modernised bathroom/laundry. Including a double garage, this unique property features timber floors and quality carpets, ample storage, hydronic heating, split-system air conditioning and intercom.
The size of Princes Hill is approximately 0.4 square kilometres. It has 3 parks covering nearly 9.7% of total area. The population of Princes Hill in 2011 was 2,075 people. By 2016 the population was 2,126 showing a population growth of 2.5% in the area during that time. The predominant age group in Princes Hill is 20-29 years. Households in Princes Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Princes Hill work in a professional occupation. In 2011, 50% of the homes in Princes Hill were owner-occupied compared with 50.4% in 2016.
Princes Hill has 1,131 properties. Over the last 5 years, Houses in Princes Hill have seen a 9.03% increase in median value, while Units have seen a 24.55% increase. As at 31 October 2024:
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