120 Arnold St, Princes Hill is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 505m2.
In the same family for over 50 years, this cherished Edwardian home presents a unique opportunity in coveted Princes Hill.
Situated on a spacious block of approx. 505 sq meters, it offers potential for renovation and extension, subject to Council approval. Its light-filled interior boasts a wide central hall, oversized rooms, and soaring ceilings. Warm and inviting, it includes four bedrooms, or three and formal living, central bathroom with shower over spa bath, large living room with gas log fire, and kitchen. The older, charming farmhouse style kitchen and dining area includes a dishwasher, large walk-in pantry, and garden views.
Outside, the property features a covered alfresco dining area and a large, well-established garden. Other highlights include water tanks, storage, separate laundry with second shower, toilet and sunroom, water tanks, and vehicle access via remote gate from the rear right of way.
Walk to Princes Park, Princes Hill Primary School, Princes Hill Secondary School, trams, local shops and cafes and Rathdowne Village.
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 1,142 properties. Over the last 5 years, Houses in Princes Hill have seen a -1.53% decrease in median value, while Units have seen a 21.87% increase. As at 31 January 2025:
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