OFF MARKET

597 Lygon Street
Princes Hill VIC 3054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 248m2
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Property Details for 597 Lygon St, Princes Hill

597 Lygon St, Princes Hill is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1885. The property has a land size of 248m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1885
Floor Size
87m2
Land Size
248m2
Local Government
Yarra
Lot/Plan
2/LP31936

Last Listing description (April 2021)

In a prime Princes Hill location on iconic Lygon Street, this 2-bedroom house offers all manner of possibilities for those with ambitions. The residence sits at the front of a 240sqm (approx.) block. This makes for a brilliantly situated property thats ripe for renovation, and offers plenty of room to extend (STCA).

The existing residence sits discretely behind a hedge. Step inside, through 2 bedrooms (one with mirrored built-in robes), a living area with decorative fireplace, a kitchen with oven and gas cooktop, bathroom with shower over bath, and into the huge backyard.


Offering a separate laundry, courtyard area, and expansive lawn, the backyard is a wide-open space for a buyer to play with. At the rear of the property is a garage with wide ROW access.

This home sits in an enviable spot, close to all the restaurants and bars on Lygon Streets vibrant Brunswick strip. Its a short walk or tram ride down Lygon to Carltons cinemas and nightlife, and a brief trip into the CBD with the 1 and 6 trams running right by your door. Its an easy stroll or cycle to the Inner Circle Rail Trail, or across to beloved Edinburgh Gardens. Princes Park, Royal Park, Melbourne Zoo, and Melbourne Uni are all in walking distance. And youre mere steps from zoned Princes Hill Primary School and Princes Hill Secondary College.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 597 Lygon St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$1,572,000
10 Apr 2021
Listed for Rent
$475/w
18 Sep 2019
  • 10 Apr 2021
    Sold for $1,572,000
  • 10 Mar 2021
    Listed for Sale Contact Agent
  • 14 Jun 2019
    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 1,139 properties. Over the last 5 years, Houses in Princes Hill have seen a 14.60% increase in median value, while Units have seen a 20.31% increase. As at 31 August 2024:

  • The median value for Houses in Princes Hill is $1,823,518 while the median value for Units is $787,470.
  • Houses have a median rent of $770 while Units have a median rent of $570.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Princes hill on OnTheHouse. According to CoreLogic's data, 34 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.