16 Paterson St, Princes Hill is a 3 bedroom, 1 bathroom House and was built in 1880. The property has a land size of 156m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Perfectly positioned in a prime residential street this charming brick Victorian terrace merges period elegance and timeless design creating a beautiful inner-city haven. As you enter the home you're welcomed by soaring ceilings, stunning messmate timber floors and light flowing spaces. The warm & inviting interior also features three genuine bedrooms (two with OFP's and BIR's) with the flexibility of a home office/3rd bedroom plus stylish central bathroom. At the end of the hallway there is a custom-built bookcase/cabinet flowing to the extended open plan kitchen, dining and living area with stunning clerestory windows enabling beautiful natural light throughout the space. Contemporary style in the kitchen includes stunning dark cabinetry, stainless steel appliances and generous cupboard and bench space all add to the home's unique style. Basking in the northern aspect the living room with rear and side bifold doors provides seamless transition to the outdoor deck, with a retractable awning above, and paved private north facing garden (pedestrian ROW) perfect for relaxing and/or entertaining. Additional features include split system heating and cooling, electric panel heaters and new instantaneous gas hot water system.
Quiet, yet just moments from the best of the inner north. Located in the tightly held Princes Hill precinct within a stroll to Princes Park, Princes Hill Primary & Secondary Schools, CBD bound trams on Lygon St and near Rathdowne Village shops and cafes. Ideally suited to downsizes searching for that extra bedroom/home office over one level, families, busy professionals or astute investors! Nelson Alexander Pty Ltd.
The size of Princes Hill is approximately 0.4 square kilometres. There are 3 parks, covering nearly 9.7% of the 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 1,139 properties. Over the last 5 years, Houses in Princes Hill have seen a -0.13% decrease in median value, while Units have seen a -10.63% decrease. As at 30 April 2026:
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