55 Paterson Street, Princes Hill, VIC 3054 | Property Value & History | OnTheHouse
OFF MARKET

55 Paterson Street
Princes Hill VIC 3054

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 108m2
Land area: 148m2
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Property Details for 55 Paterson St, Princes Hill

55 Paterson St, Princes Hill is a 3 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 148m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
1900
Floor Size
108m2
Land Size
148m2
Local Government
Yarra
Lot/Plan
3/LP221208

Last Listing description (January 2023)

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Exclusively positioned in one of Princes Hill's picture-perfect heritage streetscapes, this semi-detached Victorian delivers a lifestyle of surprising space and versatility with its expanded two-level interior and quality features throughout. Beyond the gorgeous Hawthorn-brick facade, discover an impeccable light-filled interior comprising a large upstairs master bedroom with its own private ensuite with shower over bath and adjoining study area/retreat, plus two additional bedrooms (downstairs) and main bathroom with shower. Enhancing its appeal is a central lounge leading through to the open dining area accompanied by a sparkling kitchen with dishwasher and gas cook top. Other highlights of this timeless terrace include ducted heating, NBN connection, discreet laundry facilities, as well as a leafy rear courtyard with established trees, extensive brick paving, ROW access and high fences for added privacy. A short stroll to Lygon Street trams, Princes Hill Primary School, Princes Hill Secondary College and the vast expanse of Princes Park, it's also close to Rathdowne Village cafes, Capital City Trail, as well as the buzz of Sydney Road and the convenience to Barkly Square Shopping Centre.

Property History for 55 Paterson St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$1,450,000
01 Aug 2020
Listed for Rent
$850/w
19 Jan 2023
  • 09 Jan 2023
    Listed for Rent $850 / week
  • 04 Jan 2022
    Listed for Rent $850 / week
  • 01 Aug 2020
    Sold for $1,450,000
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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 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.
There are currently no properties listed for sale, and no properties listed for rent in Princes hill on OnTheHouse. According to Cotality's data, 29 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.