579 Lygon Street, Princes Hill, VIC 3054 | Property Value & History | OnTheHouse
OFF MARKET

579 Lygon Street
Princes Hill VIC 3054

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 3m2
Land area: 136m2
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Property Details for 579 Lygon St, Princes Hill

579 Lygon St, Princes Hill is a bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 136m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in July 1998.

Building Type
House
Floor Size
3m2
Land Size
136m2
Local Government
Yarra
Lot/Plan
3/LP84567

Last Listing description (August 2015)

Offering an exciting opportunity to secure this prominent 2 level building with fantastic Lygon Street exposure and conveniently located only moments from the heart of Lygon St Carlton.
Comprising an open plan retail shopfront, 2 bathrooms, 3 further 1st floor rooms/offices and a spacious rear courtyard with rollerdoor access.
* Zoning: Commercial 1

* Size: 120sqm (approx) of floor area
* Spacious rear courtyard with ROW access via rollerdoor
* Prime Lygon St opportunity with fantastic exposure
* Suit variety of uses (STPA)
* Attractive lease terms and long lease available.
* Generous Incentives on offer.

Property History for 579 Lygon St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$252,000
25 Jul 1998
Listed for Rent
10 Aug 2015
  • 20 Jul 2015
    Listed for Rent - Price not available
  • 22 Apr 2015
    Listed for Rent - Price not available
  • 27 Sep 2014
    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 1,138 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.