103 Paterson St, Princes Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 246m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
First time ever offered for sale! Enjoying an enviable location in Princes Hill, this charming double fronted Victorian home with a 12.34m frontage & side drive, has enjoyed a proud history in the same family for well over 100 years and now looks forward to a prosperous future with its original period appeal and wonderful improvement potential. Offered in comfortable condition throughout, this rare buying opportunity will excite those with an eye for opportunity and a vision to create a special place to call home. Beyond the closed in veranda & original brick facade, the accommodation includes 3 bedrooms - all with original OFP's, central living/dining room, spacious kitchen, bathroom/laundry plus a brick paved courtyard and garden with side drive providing easy car access (2 cars). Superbly situated close to Princes Park, Melb Uni, Lygon St & Royal Parade transport options, shops/cafes and local schools - all of which add to the convenience and lifestyle that this tightly held location offers. Land: 245.69m2 approx. Nelson Alexander Pty Ltd
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 2016 was 2126 people. By 2021 the population was 2005 showing a population decline of 5.7% 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 2021, 52.60% of the homes in Princes Hill were owner-occupied compared with 50.40% in 2016.
Princes Hill has 1,138 properties. Over the last 5 years, Houses in Princes Hill have seen a 4.50% increase in median value, while Units have seen a 33.90% increase. As at 30 November 2025:
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