5/603 Lygon St, Princes Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 710m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
A boutique setting beyond an original Victorian faade reveals this light-filled townhouse featuring city views and rooftop deck in a prime Princes Hill lifestyle position. Completely private, quiet and secure, this fabulous modern residence is a well-kept, city-edge secret that's hidden away for easy-living enjoyment in one of inner-Melbourne's most prestigious pockets. Step out onto Lygon Street where just nearby are cafs, shops and trams while Princes Park and schools are metres away and within moments are Melbourne University, major hospitals and the CBD. The location is amazing and this attractive home is at the gateway to it all plus it has automatic door-accessed undercover parking and storeroom both on title. Natural light floods the 2-level layout flowing from entrance hallway to 2 great-size bedrooms (built-in robes; main opening to a light court), bathroom and laundry. Under a high ceiling with its impressive city skyline views, a quality-appointed kitchen and open-plan living and dining area seamlessly adjoin a large, north-facing entertainment deck that's secluded and sunny for fantastic alfresco dining. Also offers reverse-cycle heating/cooling, NBN, ample storage and residents' bike rack.
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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