523 Lygon StreetPrinces Hill VIC 3054
Property Details for 523 Lygon St, Princes Hill
523 Lygon St, Princes Hill is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 283m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (May 2021)
Embrace the combination of a super central location and generously sized living on offer in this "organic" 1970s style brick townhouse last offered for sale back in 1987. This handsome inner city haven offers an opportunity to move in and enjoy living in this spacious residence with its highly functional layout or to set your sights on a contemporary update taking advantage of a generously sized allotment of approximately 283 square metres. With dual street access offering parking for up to 3 cars, this is a rare opportunity to secure a highly individual and distinctive residence that provides an appealing counterpoint in an area characterised by period homes. It is a compelling offering, comprising 3 well sized bedrooms, 2 bathrooms, open plan style living, as well as rear courtyard and front and back garage areas. Moments from CBD, Melbourne University, Lygon St, Rathdowne St Village and so much more.
Note - Month to month existing tenancy. Viewings strictly by open times only.
Property History for 523 Lygon St, Princes Hill, VIC 3054
- 22 May 2021Sold for $1,711,000
- 27 Apr 2021Listed for Sale $1,450,000 - $1,550,000
- 19 Apr 2017Listed for Rent - Price not available
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 3.27% increase in median value, while Units have seen a 31.82% increase. As at 31 December 2025:
- The median value for Houses in Princes Hill is $1,780,459 while the median value for Units is $1,023,420.
- Houses have a median rent of $1,000 while Units have a median rent of $555.
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