68 Paterson St, Princes Hill is a 3 bedroom, 1 bathroom House. The property has a land size of 172m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Positioned to perfection in a tightly held Princes Hill neighbourhood, this wider-than-usual Victorian terrace home includes Town Planning Permit for extension to create a luxury 3 bedroom home. Beyond the captivating facade complete with ornate boom-era parapet, the home's immediately functional interior currently comprises a wonderfully wide side hallway, three spacious bedrooms and neat bathroom, along with a light-filled central lounge leading through to the separate kitchen/meals area. Towering ceilings throughout the principle rooms and a sunny north-facing backyard with workshop/storeroom, second WC and direct access to the rear ROW. A short stroll to Lygon Street trams, Princes Hill Primary and Secondary Schools and the vast expanse of Princes Park, it's also close to Rathdowne Street Village cafes, Capital City Trail, as well as the buzz of Sydney Road and the convenience to Barkly Square Shopping Centre. Land approx 5.5m x 31m - 170sqm.
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:
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