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.
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.
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:
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