48 Mcilwraith St, Princes Hill is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 136m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Princes Hill in the last 12 months.
In a prime Princes Hill location, this impressive Victorian terrace blends timeless elegance with modern comforts, offering a unique living experience.
Beautifully renovated with a traditional side hallway and high ceilings, the home features two generously sized bedrooms, each equipped with built-in robes, providing ample storage space and a stylish central bathroom with concealed laundry facilities. Extended to the rear the spacious kitchen, dining and living area is perfect for relaxation and entertaining, enhanced by bifold doors that open to a private outdoor area, ideal for alfresco dining and gatherings. The well-designed kitchen includes stone benchtops, ample storage, and quality appliances. Additionally, there is the convenience of an off-street parking space accessed via the rear right of way, split system heating and cooling and polished timber floors.
In a sought-after location, it is an easy stroll to Lygon Street, trams, Princes Park, local shops and cafes, Rathdowne Village and it is zoned to Princes Hill Primary and Princes Hill Secondary schools. Plus, only moments further to Lygon Street eateries and shops, universities, medical facilities, and the central business district.
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 1,140 properties. Over the last 5 years, Houses in Princes Hill have seen a 1.26% increase in median value, while Units have seen a 24.77% increase. As at 28 February 2025:
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