OFF MARKET

591 Lygon Street
Princes Hill VIC 3054

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 260m2
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Property Details for 591 Lygon St, Princes Hill

591 Lygon St, Princes Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 260m2. While the property is not currently for sale or for rent, it was last transferred in June 2020.

Building Type
House
Land Size
260m2
Local Government
Yarra
Lot/Plan
1/LP25433

Last Listing description (August 2014)

The past, the position, the prospects
A history in the same hands that stretches back to 1954 reflects the enduring appeal of this sound, solid, classically comfortable Edwardian on a generous allotment that concludes with convenient rear frontage to Keeley Lane. Fretwork, pressed metal ceilings and period proportions define an entrance hall that leads to two double bedrooms, one featuring its own pressed metal ceiling and box bay window. Northern sun from a clever light court fills large central living and dining areas complemented by a separate kitchen that offers ample casual meals space. Beyond, a traditional bathroom completes interior proportions before north westerly outdoor dimensions deliver tempting options for further updating/extending or establishing a studio/second residence, STCA, above the secure single garage. Tram routes, Princes Hill Primary School and the expanses of Princes Park provide ideal surroundings for a significant opportunity.

Property History for 591 Lygon St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Transferred
12 Jun 2020
  • 12 Jun 2020
    Transferred
  • 20 Aug 2014
    Sold for $970,000
  • 02 Aug 2014
    Listed for Sale QUOTING $1,020,000
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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 1,138 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:

  • The median value for Houses in Princes Hill is $1,839,752 while the median value for Units is $858,290.
  • Houses have a median rent of $755 while Units have a median rent of $575.
There are currently 3 properties listed for sale, and no properties listed for rent in Princes hill on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Princes hill.

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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.