OFF MARKET

5/603 Lygon Street
Princes Hill VIC 3054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
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Property Details for 5/603 Lygon St, Princes Hill

5/603 Lygon St, Princes Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1995
Floor Size
81m2
Local Government
Yarra
Lot/Plan
5/PS337264

Last Listing description (April 2021)

A boutique setting beyond an original Victorian faade reveals this light-filled townhouse featuring city views and rooftop deck in a prime Princes Hill lifestyle position. Completely private, quiet and secure, this fabulous modern residence is a well-kept, city-edge secret that's hidden away for easy-living enjoyment in one of inner-Melbourne's most prestigious pockets. Step out onto Lygon Street where just nearby are cafs, shops and trams while Princes Park and schools are metres away and within moments are Melbourne University, major hospitals and the CBD. The location is amazing and this attractive home is at the gateway to it all plus it has automatic door-accessed undercover parking and storeroom both on title. Natural light floods the 2-level layout flowing from entrance hallway to 2 great-size bedrooms (built-in robes; main opening to a light court), bathroom and laundry. Under a high ceiling with its impressive city skyline views, a quality-appointed kitchen and open-plan living and dining area seamlessly adjoin a large, north-facing entertainment deck that's secluded and sunny for fantastic alfresco dining. Also offers reverse-cycle heating/cooling, NBN, ample storage and residents' bike rack.

Property History for 5/603 Lygon St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$850,000
10 Apr 2021
Listed for Rent
$550/w
24 Jan 2020
  • 10 Apr 2021
    Sold for $850,000
  • 17 Mar 2021
    Listed for Sale $700,000-$750,000
  • 12 Jan 2020
    Listed for Rent $550 / week
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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.

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.