Market snapshot
Suburb insights for Princes Hill3054
Change suburbPrinces Hill, approximately 4 km north of Melbourne's CBD, is a quiet, family-friendly suburb featuring tree-lined streets, period homes, and local parks. With schools, cafes, and easy tram access, it attracts families and professionals seeking a peaceful inner-city lifestyle while remaining close to the CBD.
Sales data
Median sale price
$1.7mil
Annual price change
-6.7%
Metro Melbourne Comparison
$955k
0.8%
| Bedrooms | Princes Hill | Metro comparison |
|---|---|---|
| 2 | - | $910,000 |
| 3 | $1,732,500 | $830,000 |
| 4 | - | $951,500 |
| Insight | Princes Hill | Metro comparison |
|---|---|---|
| Clearance rate | 81.4% | |
| Days on market | 36 |
Rental data
Median weekly rent
$898
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Princes Hill | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | - | $550 |
| 4 | - | $600 |
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