Market snapshot

Suburb insights for Princes Hill3054

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Princes 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.

Recent sales and auction results in Princes Hill

AddressBedroomsPriceTypeMethodSale DateAgentListing
207 Mcilwraith St, Princes Hill3PriceHousePrivate Sale26/03/2026Jellis CraigView

Sales data

Median sale price
$1.9mil
Annual price change
13%
Metro Melbourne Comparison
$992k
4.9%
BedroomsPrinces HillMetro comparison
2-$950,000
3-$863,000
4-$980,500
InsightPrinces HillMetro comparison
Clearance rate74.9%
Days on market37

Rental data

Median weekly rent
$1,000
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.1%
BedroomsPrinces HillMetro comparison
2-$595
3-$550
4-$595
Median data for the current quarter
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