120 Arnold St, Princes Hill is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 506m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 4 bedroom House sold in Princes Hill in the last 12 months.
In the same family for over 50 years, this cherished Edwardian home presents a unique opportunity in coveted Princes Hill.
Situated on a spacious block of approx. 505 sq meters, it offers potential for renovation and extension, subject to Council approval. Its light-filled interior boasts a wide central hall, oversized rooms, and soaring ceilings. Warm and inviting, it includes four bedrooms, or three and formal living, central bathroom with shower over spa bath, large living room with gas log fire, and kitchen. The older, charming farmhouse style kitchen and dining area includes a dishwasher, large walk-in pantry, and garden views.
Outside, the property features a covered alfresco dining area and a large, well-established garden. Other highlights include water tanks, storage, separate laundry with second shower, toilet and sunroom, water tanks, and vehicle access via remote gate from the rear right of way.
Walk to Princes Park, Princes Hill Primary School, Princes Hill Secondary School, trams, local shops and cafes and Rathdowne Village.
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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