OFF MARKET

244 Richardson Street
Princes Hill VIC 3054

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 124m2
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Property Details for 244 Richardson St, Princes Hill

244 Richardson St, Princes Hill is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1880. The property has a land size of 124m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
1880
Land Size
124m2
Local Government
Yarra
Lot/Plan
2/PS524257

Last Listing description (April 2018)

Approached through the private, elegant proportions of a courtyard defined by greenery and bright morning light, this clever, captivating, freestanding residence delivers irresistibly desirable inner city spaces over two dynamic levels. Ground floor living and dining areas that appreciate the courtyard outlook are complemented by a contemporary kitchen featuring stone benches and Bosch appliances while a generous bedroom with built-in robes and its own bathroom adds to the downstairs allure. Above, a second bedroom accompanied by built-in robes and an ensuite enjoys its own luxurious zone. The flexibility of a studio/home office, easily returned to its original role as a secure single garage, reflects the success and style of this distinctive address, moments from Princes Park, bike paths, Lygon Street tram routes and Rathdowne Street Village.

Property History for 244 Richardson St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$1,530,000
17 Mar 2018
  • 17 Mar 2018
    Sold for $1,530,000
  • 20 Feb 2018
    Listed for Sale $1,100,000 - $1,200,000
  • 28 Apr 2007
    Sold for $520,000
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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 1,128 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 2 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.

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