81 Bagung Lane, Princes Hill is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1999. The property has a land size of 162m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Tucked away in a peaceful and private position, this superb 2 bedroom and study residence on wide Bagung Lane offers a brilliant opportunity in a prime Princes Hill location. Drive directly and easily into the internal remote-control garage of this impressive modern home and discover a unique lock-and-leave sanctuary of sought-after seclusion, natural light and stylish 2-level space. A highly-coveted lifestyle on the city's edge just metres to Princes Park is ideally complemented by a secure low-maintenance setting that extends on polished hardwood floorboards to a sun-drenched rear courtyard with entertainment decking. The ground-floor layout with its powder room and European laundry flows seamlessly from an excellent Bosch-appointed gourmet stone kitchen with custom-designed timber storage (crystal cabinet/bar, 35-bottle wine capacity) to a generous living/dining room warmed by a gas fireplace that's flanked by French doors. Upstairs are 2 excellent bedrooms with built-in robes, a study/office and a smart double bathroom, while there is also split-system heating/cooling and a large storage area. This immaculate town residence presents a rare easy-care opportunity in the Princes Hill schools' zones only moments to Melbourne University, Barkly Square shopping, Lygon Street/Sydney Road cafs, trams and bicycle lanes.
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:
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