221 Richardson St, Princes Hill is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1890. The property has a land size of 89m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Terrifically positioned in a coveted Princes Hill address moments from Lygon Street and Princes Park, this spectacularly renovated single-front terrace seamlessly blends timeless period charm with modern, light-filled living. Delivering on both style and scale, all the elegance of the era remains: cast iron lacework, soaring ornate ceilings, arched hallway and Baltic timber flooring combine with modern transformation to reveal two spacious bedrooms and a stylish two-way central bathroom.
Dramatic cathedral ceilings with skylights envelope the open plan stone kitchen and meals area with premium appliances and custom cabinetry, flowing through to a spacious living room with floor to ceiling timber-framed windows opening onto the gorgeous rear courtyard. Upstairs, an impressive rooftop terrace awaits, the ultimate space for alfresco dining and entertaining with friends and family. Additional features include split system heating and cooling, ducted air conditioning, cleverly incorporated European laundry within the under-stair storage, endless natural light and home alarm system.
Enviably located in a community minded pocket, mere moments to the boutique shopping and dining of both Lygon Street and Rathdowne Village, Nicholson Street trams, Princes Park recreation, schools (Princes Hill Secondary College catchment), Universities, walking and cycling trails and only 3.5km into the heart of Melbourne's CBD. A truly unique residence where all the hard work has been done, leaving nothing more than for its new owners to move right in and enjoy!
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 8.59% increase in median value, while Units have seen a 34.70% increase. As at 31 January 2026:
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