SOLD
Sold on 29 Feb 2024 for $1,400,000

221 Richardson Street
Princes Hill VIC 3054

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 91m2
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Property Details for 221 Richardson St, Princes Hill

221 Richardson St, Princes Hill is a 2 bedroom, 1 bathroom House and was built in 1890. The property has a land size of 91m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Princes Hill in the last 12 months.

Building Type
House
Year Built
1890
Floor Size
75m2
Land Size
91m2
Local Government
Yarra
Lot/Plan
1/LP60015

Last Listing description (March 2024)

Terrifically positioned in a coveted Princes Hill address moments from Lygon Street and Princes Park, this spectacularly renovated single-front terrace seamlessly blends timeless period charm with modern, light-filled living. Delivering on both style and scale, all the elegance of the era remains: cast iron lacework, soaring ornate ceilings, arched hallway and Baltic timber flooring combine with modern transformation to reveal two spacious bedrooms and a stylish two-way central bathroom.

Dramatic cathedral ceilings with skylights envelope the open plan stone kitchen and meals area with premium appliances and custom cabinetry, flowing through to a spacious living room with floor to ceiling timber-framed windows opening onto the gorgeous rear courtyard. Upstairs, an impressive rooftop terrace awaits, the ultimate space for alfresco dining and entertaining with friends and family. Additional features include split system heating and cooling, ducted air conditioning, cleverly incorporated European laundry within the under-stair storage, endless natural light and home alarm system.

Enviably located in a community minded pocket, mere moments to the boutique shopping and dining of both Lygon Street and Rathdowne Village, Nicholson Street trams, Princes Park recreation, schools (Princes Hill Secondary College catchment), Universities, walking and cycling trails and only 3.5km into the heart of Melbourne's CBD. A truly unique residence where all the hard work has been done, leaving nothing more than for its new owners to move right in and enjoy!

Property History for 221 Richardson St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$1,400,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $1,400,000
  • 14 Feb 2024
    Listed for Sale Auction $1,250,000 - $1,375,000
  • 11 Sep 2012
    Sold for $655,000
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About Princes Hill 3054

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:

  • The median value for Houses in Princes Hill is $1,831,163 while the median value for Units is $831,237.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 3 properties listed for sale, and 1 property listed for rent in Princes hill on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Princes hill.

Suburb Insights for Princes Hill 3054

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.