Princes Hill Suburb Profile
Victoria 3054

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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.

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.

Suburb Insights for PRINCES HILL 3054

Market Insights
Princes Hill Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Princes Hill Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 2,126

0-9

 

9%

10-19

 

8%

20-29

 

22%

30-39

 

16%

40-49

 

11%

50-59

 

11%

60-69

 

11%

70-79

 

7%

80-89

 

4%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 21/11/2024

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.