241 Richardson St, Princes Hill is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 192m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom House sold in Princes Hill in the last 12 months.
Set along one of the inner Norths most tightly held streets, this character rich heritage home has been refreshed with new carpet and paint. It delivers generous proportions, flexible living and exceptional lifestyle appeal, equally attractive to families, downsizers, first home buyers, investors or developers
The main living area offers a contemporary, flexible space with natural light pouring in through large windows offering views of the leafy courtyard. A defined dining area lit by clerestory windows and easily seating six people flows out from the large kitchen. Hydronic heating throughout the home provides warmth in the cooler months.
The kitchen is designed for everyday family use, featuring brush box timber benches, stainless steel appliances and gas cooking, with direct connection to the dining zone and rear courtyard making entertaining practical and effortless.
Accommodation includes up to four well-sized bedrooms, two with built-in-robes, making the home move-in ready. A central bathroom incorporates laundry facilities and storage.
At the rear, a private, low-maintenance courtyard with separate toilet, provides space for outdoor dining and entertaining, with secure rear access and a single carport.
The location is exceptional, with easy access to Rathdowne village, Lygon Street and Royal Parade trams to the CBD, Melbourne University, and the hospital precinct and a short stroll to Princes Park - presenting a rare opportunity to secure space, character and long-term value in a coveted inner-city setting.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
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 1,139 properties. Over the last 5 years, Houses in Princes Hill have seen a 3.82% increase in median value, while Units have seen a -0.87% decrease. As at 28 February 2026:
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