5 Mcilwraith St, Princes Hill is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1880. The property has a land size of 186m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Located in a highly sought after pocket of Princes Hill, properties like this spacious 4 bedroom Victorian Terrace do not come along too often.
Featuring 3 bedrooms upstairs, master with walk in robe and ensuite, front bedroom with balcony and central main bathroom. Downstairs includes 4th bedroom or possible formal lounge, renovated kitchen with gas cooking, dishwasher and island bench plus open plan living/dining with French doors to courtyard. Whitegoods including fridge, washer and dryer are also included.
The fully decked courtyard is surrounded by established low maintenance garden. Other features include hydronic heating throughout, split system cooling, additional powder room downstairs and under stair storage. Located in close proximity to Princes Park, Rathdowne St shops, Lygon St trams and easy access to the city.
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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