55 Paterson St, Princes Hill is a 3 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 151m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
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Exclusively positioned in one of Princes Hill's picture-perfect heritage streetscapes, this semi-detached Victorian delivers a lifestyle of surprising space and versatility with its expanded two-level interior and quality features throughout. Beyond the gorgeous Hawthorn-brick facade, discover an impeccable light-filled interior comprising a large upstairs master bedroom with its own private ensuite with shower over bath and adjoining study area/retreat, plus two additional bedrooms (downstairs) and main bathroom with shower. Enhancing its appeal is a central lounge leading through to the open dining area accompanied by a sparkling kitchen with dishwasher and gas cook top. Other highlights of this timeless terrace include ducted heating, NBN connection, discreet laundry facilities, as well as a leafy rear courtyard with established trees, extensive brick paving, ROW access and high fences for added privacy. A short stroll to Lygon Street trams, Princes Hill Primary School, Princes Hill Secondary College and the vast expanse of Princes Park, it's also close to Rathdowne Village cafes, Capital City Trail, as well as the buzz of Sydney Road and the convenience to Barkly Square Shopping Centre.
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 1,138 properties. Over the last 5 years, Houses in Princes Hill have seen a 20.89% increase in median value, while Units have seen a 27.97% increase. As at 31 July 2024:
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