8/12 Garton StreetPrinces Hill VIC 3054
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.
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
- 20 May 2023Sold for $452,500
- 17 Apr 2023Listed for Sale $420,000 - $460,000
- 17 Feb 2022Listed 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 1,139 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.
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