OFF MARKET

8/12 Garton Street
Princes Hill VIC 3054

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
Land area: 1068m2
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Property Details for 8/12 Garton St, Princes Hill

8/12 Garton St, Princes Hill is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 1068m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1960
Floor Size
45m2
Land Size
1068m2
Local Government
Yarra
Lot/Plan
8/RP18504

Last Listing description (May 2023)

Quietly nestled opposite the lush expanses of Princes Park, this smart & spacious standout delivers exceptional value and utility for occupiers and savvy investors alike.

Its first-floor position affording a tranquil outlook of leafy surrounds, a bright and welcoming interior sees a generous bedroom joined by copious robe storage and a smart ensuite. A substantial living/dining area provides ample space to relax or entertain, while a wraparound kitchen boasts a broad breakfast bar, stainless appliances, tiled splashback, and plentiful bench/cabinet space. An exceptional opportunity to take advantage of a thriving rental market, further highlights include a combined bath and twin-head shower, electric wall heater, private car space, and NBN availability.

Embedded along the popular Princes Park running track in one of Melbourne's most picturesque neighbourhoods, it's mere steps from flourishing restaurants, cafes, bars, and boutiques, with adjacent transport offering easy access to universities, hospitals, and the CBD.

Alexkarbon Real Estate
241 Union Road, Ascot Vale
122 Errol Street, North Melbourne

Property History for 8/12 Garton St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$452,500
20 May 2023
Listed for Rent
$320/w
18 Mar 2022
  • 20 May 2023
    Sold for $452,500
  • 17 Apr 2023
    Listed for Sale $420,000 - $460,000
  • 17 Feb 2022
    Listed for Rent $320 / week
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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.