Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,021,000 | 0.0% | $1,021,000 | $1,021,000 | 1 |
| 2010 | $1,450,000 | +29.6% | $786,000 | $2,320,000 | 11 |
| 2011 | $930,000 | -55.9% | $727,000 | $1,566,000 | 8 |
| 2012 | $1,033,000 | +10.0% | $485,000 | $2,600,000 | 16 |
| 2013 | $1,242,500 | +16.9% | $341,000 | $3,950,000 | 14 |
| 2014 | $1,270,000 | +2.2% | $960,000 | $1,270,000 | 2 |
| 2015 | $973,000 | -30.5% | $973,000 | $973,000 | 1 |
| 2016 | $2,420,444 | +59.8% | $2,420,444 | $2,420,444 | 1 |
| 2017 | - | - | - | - | - |
| 2018 | $2,030,000 | -19.2% | $1,220,000 | $2,030,000 | 2 |
| 2019 | $1,085,000 | -87.1% | $1,085,000 | $1,085,000 | 1 |
| 2020 | $1,150,000 | +5.7% | $1,150,000 | $1,150,000 | 1 |
| 2021 | $2,710,000 | +57.6% | $1,390,000 | $2,797,500 | 3 |
| 2022 | $1,634,000 | -65.9% | $1,634,000 | $1,634,000 | 1 |
| 2023 | $2,180,000 | +25.0% | $1,300,000 | $2,180,000 | 2 |
| 2024 | $3,350,000 | +34.9% | $1,800,000 | $3,350,000 | 5 |
Median Sale Price
$3.35M
Based on 5 recorded sales within the last 12 months
Updated on 28 Dec 2024
Suburb Growth
+34.9%
Current Median Price: $3,350,000
Previous Median Price: $2,180,000
Based on 7 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $585 | 0.0% | $550 | $585 | 2 |
| 2012 | $620 | +5.6% | $450 | $620 | 2 |
| 2013 | $850 | +27.1% | $500 | $950 | 6 |
| 2014 | $660 | -28.8% | $610 | $890 | 3 |
| 2015 | $720 | +8.3% | $460 | $1,300 | 8 |
| 2016 | $725 | +0.7% | $575 | $1,200 | 7 |
| 2017 | $900 | +19.4% | $580 | $1,300 | 8 |
| 2018 | $750 | -20.0% | $420 | $1,150 | 10 |
| 2019 | $800 | +6.3% | $530 | $1,300 | 11 |
| 2020 | $720 | -11.1% | $430 | $1,400 | 4 |
| 2021 | $850 | +15.3% | $550 | $1,450 | 14 |
| 2022 | $800 | -6.3% | $530 | $1,450 | 12 |
| 2023 | $850 | +5.9% | $570 | $1,590 | 17 |
| 2024 | $780 | -9.0% | $750 | $1,800 | 7 |
Median Rent Price
$780
per week
Based on 7 recorded rent within the last 12 months
Updated on 28 Dec 2024
Rent Price Growth
-9.0%
Current Median Rent: $780
Previous Median Rent: $850
Based on 24 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.2%
Current Median Price: $3,350,000
Current Median rent: $780
Based on 12 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Princes Hill
Houses sold in Last 12 months ends 21 Dec 2024
$2.35M
Median Sale Price
50%
Clearance Rate
1/2
Sold/Reported
$2.35M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M (Median Price Range) | 1 | |
Similar Suburbs to Princes Hill 3054
Based on median house sale price sold in last 12 months
Schools closest to Princes Hill, VIC 3054
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Princes Hill Primary School | 280 PIGDON STREETCarlton North 3054 | Primary | Government | 0.26 km |
| Princes Hill Secondary CollegeTop 100 | ARNOLD STREETPrinces Hill 3054 | Secondary | Government | 0.31 km |
| Brunswick South Primary School | 56 BRUNSWICK ROADBrunswick East 3057 | Primary | Government | 0.52 km |
| Carlton North Primary School | 60 LEE STREETCarlton North 3054 | Primary | Government | 1.19 km |
| Our Lady Help of Christians School | 26 MILLER STREETBrunswick East 3057 | Primary | Catholic | 1.05 km |
| Sydney Road Community School | 350 SYDNEY ROADBrunswick 3056 | Secondary | Government | 1.4 km |
| Fitzroy Community SchoolTop 5 | 597 BRUNSWICK STFitzroy North 3068 | Primary | Independent | 1.35 km |
| Carlton Primary School | CNR PALMERSTON & DRUMMOND STSCarlton 3053 | Primary | Government | 1.59 km |
| Deutsche Schule Melbourne | 96 BARKLY STREETFitzroy North 3068 | Primary | Independent | 1.36 km |
| Brunswick Secondary College Brunswick English Language Centre | Brunswick 3056 | Secondary | Government | 1.57 km |