54 Bowen Crescent, Princes Hill, VIC 3054 | Property Value & History | OnTheHouse
OFF MARKET

54 Bowen Crescent
Princes Hill VIC 3054

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 746m2
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Property Details for 54 Bowen Cres, Princes Hill

54 Bowen Cres, Princes Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 746m2. While the property is not currently for sale or for rent, it was last sold in August 1994.

Building Type
House
Land Size
746m2
Local Government
Yarra
Lot/Plan
2/TP746738

Last Listing description (April 2026)

Inspections by appointment only'WIMMERA' - one of the areas most recognisable homes, this grand Edwardian showpiece presents an exceptionally rare opportunity to secure your familys future along one of Melbournes premier dress circle boulevards directly opposite Princes Park.Occupying a vast allotment of approximately 746sqm with an extraordinary 16.7 metre (approx.) frontage to Bowen Crescent and Princes Park, the home delivers a lifestyle of period elegance and family practicality with exceptional scope to further enhance and expand in the future (STCA).The distinctive faade with its wrap-around verandah makes way for an impressively well-proportioned interior comprising four bedrooms (two extra-large), all serviced by two bathrooms one contemporary and the other period-inspired complete with clawfoot tub.Further emphasising the homes magnificence is a grand formal dining room and even grander formal lounge, as well as a granite-bench kitchen with 900mm cooking appliances, Miele dishwasher and adjoining living area.Towering ceilings, ornate plasterwork, tessellated-tile floors and stunning leadlight windows all add to the charm, along with the centrepiece front balcony offering picture-perfect views across Princes Park, just as it has done for more than 115 years.Rounding out this extraordinary lifestyle package is a substantial backyard with home office, large workshop and additional (third) bathroom, plus landscaped gardens throughout and a remote-control double garage accessed via the rear ROW.Footsteps to the Inner-Circle Rail Trail along with Royal Parade trams and local schools, this extraordinary home is also close to Rathdowne Village eateries, Sydney Road retail and Jewell Station, as well as easy access to Parkvilles hospital and university precincts.

Property History for 54 Bowen Cres, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$675,000
23 Aug 1994
  • 04 Mar 2026
    Listed for Sale Private Sale $5,200,000
  • 23 Aug 1994
    Sold for $675,000
  • 14 Mar 1992
    Sold for $530,000
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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 2.07% increase in median value, while Units have seen a 5.32% increase. As at 31 March 2026:

  • The median value for Houses in Princes Hill is $1,872,576 while the median value for Units is $893,772.
  • Houses have a median rent of $1,000 while Units have a median rent of $545.
There are currently 1 property listed for sale, and no properties listed for rent in Princes hill on OnTheHouse. According to Cotality's data, 28 properties were sold in the past 12 months in Princes hill.

Suburb Insights for Princes Hill 3054

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.