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
$2.1mil
Annual price change
18.7%
Metro Melbourne Comparison
$953k
5.1%
| Bedrooms | Princes Hill | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | - | $872,000 |
| 4 | - | $990,000 |
| Insight | Princes Hill | Metro comparison |
|---|---|---|
| Clearance rate | 68.8% | |
| Days on market | 42 |
Rental data
Median weekly rent
$1,050
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Princes Hill | Metro comparison |
|---|---|---|
| 2 | - | $600 |
| 3 | - | $560 |
| 4 | - | $600 |
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