505 Lygon StreetPrinces Hill VIC 3054
Property Details for 505 Lygon St, Princes Hill
505 Lygon St, Princes Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 335m2. While the property is not currently for sale or for rent, it was last transferred in May 2019.
Last Listing description (November 2018)
Take this iconic address to the next level with a stunning transformation that will showcase the superbly maintained interiors of this majestic three bedroom Federation era home. Craftsman built with meticulous attention to detail this inspiring home retains much of the leadlight, etched glass, original lighting and terrazzo floors of the era, adding architectural interest at every turn. Boasting soaring ceilings, this completely comfortable home comprises grand lounge and dining, bright kitchen/meals with walk-in pantry and bedrooms complemented by a superb terrazzo lined bathroom with original walk-in shower. With neat rear gardens, gas heater and single garage, boasting direct access to trams, cafes, Princes Park, Princes Hill Primary/Secondary schools and moments to the hospital/university precincts and CBD, inspection will impress.
Property History for 505 Lygon St, Princes Hill, VIC 3054
- 22 May 2019Transferred
- 27 Oct 2018Sold for $1,282,500
- 27 Sep 2018Listed for Sale Auction 27/10/18
Recent sales nearby
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About Princes Hill 3054
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:
- The median value for Houses in Princes Hill is $1,777,239 while the median value for Units is $1,031,814.
- Houses have a median rent of $1,000 while Units have a median rent of $570.
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