54 Paterson St, Princes Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 245m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom House sold in Princes Hill in the last 12 months.
Perfectly positioned in one of Carlton Norths most sought-after pockets, this inviting residence delivers spacious, light-filled interiors and a lifestyle surrounded by parks, cafes, and culture.Step inside to discover generous living areas designed for comfort and ease, flowing seamlessly into a well-appointed kitchen where cooking and entertaining are a joy. The open-plan layout creates an effortless connection between indoors and out, with the private courtyard providing a perfect setting for relaxed weekends, alfresco dining, or entertaining guests.The bedrooms are well-proportioned, offering comfort and versatility for families, professionals, or those working from home. A well-designed bathroom and thoughtful storage solutions complete the homes practical appeal.Lifestyle is at the heart of this address, with Ikon Park and Princes Park just moments away for weekend strolls, picnics, or exercise. Enjoy the vibrant dining and shopping scene along Lygon Street, with its iconic cafes, restaurants, and convenient tram routes offering easy access to the CBD. The Royal Park Golf Course and Barkly Street shops are also close by, while Melbourne University is within easy reach for students and academics alike.Families will appreciate the zoning for Princes Hill Primary School and Princes Hill Secondary College, ensuring access to highly regarded education. Combining generous interiors, a low-maintenance outdoor retreat, and an unbeatable location, this home offers a rare opportunity to secure a place in one of Melbournes most desirable inner-city neighbourhoods.We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
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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