245a Richardson St, Princes Hill is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 155m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom House sold in Princes Hill in the last 12 months.
Perfectly situated in the prestigious and tightly held suburb of Princes Hill, 245A Richardson Street offers an exceptional blend of contemporary design, versatile living, and enviable convenience. Nestled down a peaceful lane, this architecturally designed home sits between Rathdowne village and the lush green spaces of Princes Park and Royal Park, with Melbourne Zoo, Melbourne University, and the hospital precinct just a short stroll away.
Well-connected by nearby tram routes 1, 6, and 19, and located within the coveted Princes Hill Secondary College zone, this property provides unparalleled access to Melbournes premier schools, amenities, and lifestyle attractions.
Thoughtfully designed to maximize light, space, and comfort, this stunning home boasts high ceilings through-out and open-plan living and dining areas that flow seamlessly to a private and shaded outdoor entertaining space, which also offers the convenience of optional off-street parking.
This residence delivers versatile living across three levels:
Upstairs: Three spacious double bedrooms, including a luxurious master suite with a walk-in wardrobe and en-suite. Two additional bedrooms with built-in wardrobes share a stylish central family bathroom.
Ground Floor: A practical laundry, cloakroom, and separate toilet are thoughtfully positioned near the open-plan kitchen, dining, and living areas, perfect for entertaining or family life.
Basement Level: This flexible space remains cool in summer and warm in winter, serving as a living room, home study, or additional bedroom. With its own private entry, the basement has been used as a teen retreat, adding further versatility.
This home is designed for comfort and efficiency, featuring:
* Double-glazed windows and doors for year-round climate control.
* Underfloor heating in the kitchen and dining areas.
* Split-system heating and cooling in all bedrooms and the main living area.
* Wraparound decking that complements the homes sleek modern aesthetic.
Set in one of Melbournes most sought-after locales, 245A Richardson Street combines spacious interiors, thoughtful design, and unbeatable location to deliver a lifestyle of effortless elegance. Whether youre enjoying a walk in Princes Park, dining in nearby Carlton North, or commuting via nearby tram routes, this home offers a sanctuary in the heart of the city.
Inspection is a must to truly appreciate this exceptional property.
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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