540 Park Street, Princes Hill, VIC 3054 | Property Value & History | OnTheHouse
OFF MARKET

540 Park Street
Princes Hill VIC 3054

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 310m2
Land area: 142m2
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Property Details for 540 Park St, Princes Hill

540 Park St, Princes Hill is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1996. The property has a land size of 142m2 and floor size of 310m2. While the property is not currently for sale or for rent, it was last sold in January 2007.

Building Type
Townhouse
Year Built
1996
Floor Size
310m2
Land Size
142m2
Local Government
Yarra
Lot/Plan
7/PS408100

Last Listing description (May 2023)

Please REGISTER to attend an inspection. Advertised Inspection Times displayed on this page are subject to cancellation or change up until 12pm on the day of the viewing.

Perfectly positioned in the heart of Princes Hill surrounded by established parklands and every conceivable amenity, this quality 2 level contemporary residence enjoys extra width and a spacious light-filled living environment. Encompassing 2 bedrooms, master suite with WIR & ensuite, luxury main bathroom with bath, separate d/s laundry and powder room, private balcony, modern kitchen with stainless steel appliances & meals area, huge open plan living and dining zones opening to front garden and a private rear courtyard with excellent off-street parking for two small cars.

Features: Split System heating & cooling, security intercom & alarm, BIR's, timber venetians, under stairs storage room.

This outstanding residence offers effortless comfort in a prime lifestyle location!

Property History for 540 Park St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$695,000
02 Jan 2007
Listed for Rent
$920/w
18 May 2023
  • 05 May 2023
    Listed for Rent $920 / week
  • 29 Dec 2020
    Listed for Rent $800 / week
  • 16 Jan 2020
    Listed for Rent - Price not available
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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 1,139 properties. Over the last 5 years, Houses in Princes Hill have seen a 3.82% increase in median value, while Units have seen a -0.87% decrease. As at 28 February 2026:

  • The median value for Houses in Princes Hill is $1,806,089 while the median value for Units is $767,364.
  • Houses have a median rent of $950 while Units have a median rent of $560.
There are currently 3 properties listed for sale, and no properties listed for rent in Princes hill on OnTheHouse. According to Cotality's data, 30 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.