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

597 Lygon Street
Princes Hill VIC 3054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 597 Lygon St, Princes Hill

597 Lygon St, Princes Hill is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1885. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1885
Local Government
Yarra
Lot/Plan
2/LP31936

Last Listing description (April 2021)

Ripe for renovation, room for extension

In a prime Princes Hill location on iconic Lygon Street, this 2-bedroom house offers all manner of possibilities for those with ambitions. The residence sits at the front of a 240sqm (approx.) block. This makes for a brilliantly situated property thats ripe for renovation, and offers plenty of room to extend (STCA).

The existing residence sits discretely behind a hedge. Step inside, through 2 bedrooms (one with mirrored built-in robes), a living area with decorative fireplace, a kitchen with oven and gas cooktop, bathroom with shower over bath, and into the huge backyard.


Offering a separate laundry, courtyard area, and expansive lawn, the backyard is a wide-open space for a buyer to play with. At the rear of the property is a garage with wide ROW access.

This home sits in an enviable spot, close to all the restaurants and bars on Lygon Streets vibrant Brunswick strip. Its a short walk or tram ride down Lygon to Carltons cinemas and nightlife, and a brief trip into the CBD with the 1 and 6 trams running right by your door. Its an easy stroll or cycle to the Inner Circle Rail Trail, or across to beloved Edinburgh Gardens. Princes Park, Royal Park, Melbourne Zoo, and Melbourne Uni are all in walking distance. And youre mere steps from zoned Princes Hill Primary School and Princes Hill Secondary College.

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.

Property History for 597 Lygon St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$1,572,000
10 Apr 2021
  • 10 Apr 2021
    Sold for $1,572,000
  • 10 Mar 2021
    Listed for Sale Contact Agent
  • 14 Jun 2019
    Listed for Rent $475 per week
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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.