OFF MARKET

56 Paterson Street
Princes Hill VIC 3054

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 191m2
Land area: 237m2
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Property Details for 56 Paterson St, Princes Hill

56 Paterson St, Princes Hill is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 237m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in April 1982.

Building Type
House
Floor Size
191m2
Land Size
237m2
Local Government
Yarra
Lot/Plan
2/TP391860

Last Listing description (March 2016)

This wide single fronted home is located in the tree lined streets of Princes Hill and provides substantial accommodation. The ground floor consists of 2 very large bedrooms with built in robes, separate bathroom with laundry facilities, a large open timber kitchen with gas & electric cooking, dishwasher and plenty of bench space, and a bright lounge/ dining area overlooking a private paved rear yard. Upstairs provides a bathroom with 2 bedrooms, one with a study area opening onto a north facing balcony. The property has secure parking for one car in a garage with plenty of storage.
Centrally located to enjoy the delights of the Rathdowne Village,
Princes Park, Lygon St, Sydney Rd, this home is also well serviced by public transport to get you to the CBD and surrounds. It is within walking distance to both Princes Hill Secondary College and Princes Hill Primary School.

Property History for 56 Paterson St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$67,000
24 Apr 1982
Listed for Rent
$885/w
15 Mar 2016
  • 25 Feb 2016
    Listed for Rent - Price not available
  • 24 Apr 1982
    Sold for $67,000
  • 03 Apr 1982
    Listed for Sale Not Disclosed

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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.

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.