OFF MARKET

524 Park Street
Princes Hill VIC 3054

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 139m2
Land area: 124m2
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Property Details for 524 Park St, Princes Hill

524 Park St, Princes Hill is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 124m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2002
Floor Size
139m2
Land Size
124m2
Local Government
Yarra
Lot/Plan
15/PS408100

Last Listing description (February 2022)

Perfectly positioned opposite Linear Park Reserve in the prestigious Princes Hill locale, this spacious and light filled north facing home offers an impressively flexible floorplan for quiet, low maintenance, private living just moments from the very best city-fringe amenity.

Downstairs reveals entry into a bright living area, a spacious kitchen with granite finishes, powder room and sleek meals/family area connecting to a rear courtyard with polished concrete and a leafy outlook with native greenery and giant trees vista, perfect for both easy entertaining and quiet relaxation. Upstairs, discover three bedrooms the master with separate stylish ensuite and walk in robe, a central main bathroom, separate WC and soaring skylight with a retractable screen.

Add to this, cleverly incorporated storage, warm timber flooring throughout, split system cooling and heating, timber plantation shutters, video intercom security, plenty of energy efficient inclusions: solar panels, double glazed windows and Sanden hot water system, plus wide ROW laneway with roller door access for easy off-street parking. (Resident and visitor permits also available.)

Sensationally situated just moments from Lygon Street's cosmopolitan shopping and dining scene, Barkly Square shopping centre, city-bound trams, popular Princes Park recreation, community open garden, schools (Princes Hill Secondary College catchment) and the Capital City Trail right on the doorstep. A terrific opportunity to secure a relaxed and welcoming home with no compromise on quality, space or style in a sought after and tightly held locale. Make it yours!

All Nelson Alexander inspections are conducted in accordance with the latest government guidelines. Please check in via the QR code with the Service Victoria app. We appreciate your assistance.

Property History for 524 Park St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$1,865,000
12 Feb 2022
  • 12 Feb 2022
    Sold for $1,865,000
  • 19 Jan 2022
    Listed for Sale Auction $1,550,000 - $1,650,000
  • 14 Nov 2009
    Sold for $871,000
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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.

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.