OFF MARKET

523 Lygon Street
Princes Hill VIC 3054

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 150m2
Land area: 283m2
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Last updated 11 Nov 2024
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Property Details for 523 Lygon St, Princes Hill

523 Lygon St, Princes Hill is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 283m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1970
Floor Size
150m2
Land Size
283m2
Local Government
Yarra
Lot/Plan
1/TP324011

Last Listing description (May 2021)

Embrace the combination of a super central location and generously sized living on offer in this "organic" 1970s style brick townhouse last offered for sale back in 1987. This handsome inner city haven offers an opportunity to move in and enjoy living in this spacious residence with its highly functional layout or to set your sights on a contemporary update taking advantage of a generously sized allotment of approximately 283 square metres. With dual street access offering parking for up to 3 cars, this is a rare opportunity to secure a highly individual and distinctive residence that provides an appealing counterpoint in an area characterised by period homes. It is a compelling offering, comprising 3 well sized bedrooms, 2 bathrooms, open plan style living, as well as rear courtyard and front and back garage areas. Moments from CBD, Melbourne University, Lygon St, Rathdowne St Village and so much more.
Note - Month to month existing tenancy. Viewings strictly by open times only.

Property History for 523 Lygon St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$1,711,000
22 May 2021
Listed for Rent
$780/w
28 Apr 2017
  • 22 May 2021
    Sold for $1,711,000
  • 27 Apr 2021
    Listed for Sale $1,450,000 - $1,550,000
  • 19 Apr 2017
    Listed for Rent - Price not available

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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.

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