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

607 Lygon Street
Princes Hill VIC 3054

Bedrooms: -
Bathrooms: 1
Car spaces: 2
Land area: 143m2
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Property Details for 607 Lygon St, Princes Hill

Building Type
Commercial
Land Size
143m2
Local Government
Yarra
Lot/Plan
1/PS324410

Last Listing description (October 2020)

UNDER OFFER



CONDITION OF ENTRY - YOU MUST REGISTER TO INSPECT THIS PROPERTY. PLEASE CLICK CONTACT AGENT AND INCLUDE YOUR EMAIL AND TELEPHONE NUMBER.




Due to retirement, long term (approx 30 year) tenant has recently vacated the premesis

Within Residential Zone of highly soughtafter Princes Hill

Shop fronting main road and tram stop + self contained studio apartment at rear


*All information about the property has been provided to Craig Patterson Real Estate Pty Ltd by third parties. Craig Patterson Real Estate Pty Ltd has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

*** COVID-19 Announcement ***

If you're attending an open for inspection, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from anyone attending the open for inspection, including other prospective buyers and our team members, and if requested wait outside so as to reduce the number of people in the property at any one time. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance. Thank you.

Property History for 607 Lygon St, Princes Hill, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$850,000
24 Aug 2020
Listed for Rent
$600/w
03 Jul 2020
  • 24 Aug 2020
    Sold for $850,000
  • 03 Jul 2020
    Listed for Rent $600 / week
  • 15 Mar 2020
    Listed for Sale SOLD - $850,000
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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 2.07% increase in median value, while Units have seen a 5.32% increase. As at 31 March 2026:

  • The median value for Houses in Princes Hill is $1,872,576 while the median value for Units is $893,772.
  • Houses have a median rent of $1,000 while Units have a median rent of $545.
There are currently 1 property listed for sale, and no properties listed for rent in Princes hill on OnTheHouse. According to Cotality's data, 28 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.