micromarkets

Princes Hill, VIC 3054

Property data updated July 20262,005 residents

Last 12 months snapshot

27 sales · 51 leases · Refreshed July 2026

Princes Hill property market

House rentals top Princes Hill, but only narrowly, with 30 leases at $988 a week (up) as of July 2026, renting out in about 18 days (up from 16 days last year), among Victoria's strongest house rent gains, with around half being 3-bedroom.

House sales sit just behind, with 24 sales at around $1.906M, taking about 26 days to sell. Rounding it out, 21 unit rentals at $535 a week and 3 unit sales at around $690k.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Princes Hill demographics & population

Population

2,005

Median age

39yrs

Avg household

2.2people

Male · Female

46% · 54%

Owner-occupied

Renting

Lone person

Couples, no kids

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

The full Princes Hill report

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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.

InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby

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Census · ABS 2021

Who lives in Princes Hill?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex1,372 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

1.4 people / household0.6 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity32%

Chance two random residents were born in different countries

Language diversity18%

Chance two random residents speak different languages at home

Religious diversity46%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Before 198150%

1981-200050%

2001-201050%

2011-201550%

2016-202150%

2020–21 understated — COVID border closures.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Princes Hill

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rentTop 37%

Median monthly mortgageTop 49%

Rent stress (rent ÷ income)Top 50%

Mortgage stress (repay ÷ income)Top 50%

High mortgage (≥$3k/mo)Top 50%

Social housingTop 50%

Unoccupied on census nightTop 50%

Large dwellings (4+ bed)Top 50%

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Princes Hill

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal incomeTop 18%

Median family incomeTop 40%

Managers & professionalsTop 50%

High earners (≥$2k/wk)Top 50%

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionalsTop 50%

Clerical & adminTop 50%

Community & personal serviceTop 50%

Sales workersTop 50%

Technicians, trades & labourersTop 50%

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 2.5× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workersTop 50%

Part-time workersTop 50%

Unemployment rateTop 50%

Not in labour forceTop 50%

Labour-force participationTop 50%

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Princes Hill

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to workTop 50%

Walked or cycled to workTop 50%

Worked from homeTop 50%

No motor vehicleTop 50%

Vehicles per dwellingTop 46%

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Princes Hill

1 school inside Princes Hill, plus the closest options around it. Families can choose from 102 primary schools in Princes Hill and its surrounds, and 46 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Princes Hill1schools in the suburb itself

Primary schools102within 5 km · nearest 3.0 km

Secondary schools46within 5 km · nearest in suburb

Median ICSEA rank50thenrolment-weighted

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within150 schools

Within Princes Hill · 1Order by
1
Princes Hill Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Within suburb
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
Nearby · within 5 km · 149
2
MacRobertson Girls High SchoolGovernment · Secondary · Co-ed · Years 9-12 · Melbourne · 3.0 km
State RankTop 1%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
3
Melbourne High SchoolGovernment · Secondary · Co-ed · Years 9-12 · South Yarra · 3.0 km
State RankTop 1%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
4
South Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Southbank · 3.0 km
State RankTop 1%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
5
University High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Parkville · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
6
Northcote High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Northcote · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
7
St Aloysius CollegeCatholic · Secondary · Co-ed · Years 7-12 · North Melbourne · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
8
Victorian College Of The Arts Secondary SchoolGovernment · Secondary · Co-ed · Years 7-12 · Southbank · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
9
Lowther Hall Anglican Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Essendon · 3.0 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students352Multilingual50%ICSEA Rank50th
10
St Columba's CollegeCatholic · Secondary · Co-ed · Years 7-12 · Essendon · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
11
Preston High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Preston · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
12
Melbourne Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Melbourne · 3.0 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students352Multilingual50%ICSEA Rank50th
13
Alphington Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Alphington · 3.0 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students352Multilingual50%ICSEA Rank50th
14
Melbourne Girls CollegeGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
15
Melbourne Girls GrammarIndependent · Combined · Co-ed · Years Prep-12 · South Yarra · 3.0 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students352Multilingual50%ICSEA Rank50th
16
Xavier CollegeCatholic · Combined · Co-ed · Years Prep-12 · Kew · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
17
Maribyrnong CollegeGovernment · Secondary · Co-ed · Years 7-12 · Maribyrnong · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
18
Trinity Grammar School KewIndependent · Combined · Co-ed · Years Prep-12 · Kew · 3.0 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students352Multilingual50%ICSEA Rank50th
19
Brunswick South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick East · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
20
Carlton North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton North · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
21
Our Lady Help of Christians SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick East · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
22
Fitzroy Community SchoolIndependent · Primary · Co-ed · Years Prep-6 · Fitzroy North · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
23
Merri Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy North · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
24
Brunswick East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick East · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
25
Clifton Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clifton Hill · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
26
North Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · North Melbourne · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
27
St Margaret Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick North · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
28
Spensley Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clifton Hill · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
29
Westgarth Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Northcote · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
30
Ascot Vale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ascot Vale · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
31
St Fidelis' SchoolCatholic · Primary · Co-ed · Years Prep-6 · Moreland · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual1%ICSEA Rank50th
32
St Bernard's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Coburg · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
33
Abbotsford Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Abbotsford · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
34
Coburg West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
35
Wales Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
36
Coburg Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
37
St Anthony's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Alphington · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
38
Fairfield Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fairfield · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
39
St Paul's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Coburg · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
40
Pascoe Vale South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Pascoe Vale South · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
41
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ascot Vale · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
42
Yarra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
43
Essendon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Essendon · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
44
Preston South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
45
Preston West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
46
Alphington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Alphington · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
47
St Raphael's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Preston West · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
48
St Vincent de Paul's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Strathmore · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
49
Newlands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
50
St Therese's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Essendon · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
51
St Oliver Plunkett's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Pascoe Vale · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
52
Pascoe Vale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Pascoe Vale · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
53
St Bernadette's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ivanhoe · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
54
Mary Immaculate SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ivanhoe · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
55
Footscray City Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Footscray · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
56
Christ Church Grammar SchoolIndependent · Primary · Co-ed · Years Prep-6 · South Yarra · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
57
Strathmore Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Strathmore · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
58
Albert Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Albert Park · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
59
Aberfeldie Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Essendon · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
60
South Yarra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · South Yarra · 3.0 km
State RankTop 50%EnglishMathsStudents352Multilingual50%ICSEA Rank50th
61
Princes Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton North · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
62
Sydney Road Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Brunswick · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
63
Deutsche Schule MelbourneIndependent · Primary · Co-ed · Years Prep-6 · Fitzroy North · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
64
Brunswick Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Brunswick · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
65
Fitzroy North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy North · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
66
Carlton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
67
Fitzroy High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Fitzroy North · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
68
St Michael's Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · North Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
69
Carlton Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
70
Fitzroy Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
71
Brunswick South West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
72
Brunswick North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
73
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Fitzroy · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
74
Academy of Mary ImmaculateCatholic · Secondary · Co-ed · Years 7-12 · Fitzroy · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
75
Saints CollegeCatholic · Special · Co-ed · Years 7-12 · North Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
76
Croxton SchoolGovernment · Special · Co-ed · Years U · Northcote · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
77
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Collingwood · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
78
River Nile SchoolIndependent · Special · Co-ed · Years 11-12 · North Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
79
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Northcote · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
80
Debney Meadows Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Flemington · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
81
Hester Hornbrook AcademyIndependent · Special · Co-ed · Years 10-12 · Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
82
Northcote Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Northcote · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
83
Simonds Catholic CollegeCatholic · Secondary · Co-ed · Years 7-12 · West Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
84
Mount Alexander 7-12 CollegeGovernment · Secondary · Co-ed · Years 7-12 · Flemington · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
85
Flemington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Flemington · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
86
Merri-bek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
87
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick West · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
88
St Brendan's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Flemington · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
89
Ascot Vale Heights SchoolGovernment · Special · Co-ed · Years U · Ascot Vale · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
90
Collingwood CollegeGovernment · Combined · Co-ed · Years Prep-12 · Collingwood · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
91
Ozford CollegeIndependent · Secondary · Co-ed · Years 10-12 · Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
92
Collingwood English Language SchoolGovernment · Special · Co-ed · Years Prep-12 · Collingwood · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
93
Santa Maria CollegeCatholic · Secondary · Co-ed · Years 7-12 · Northcote · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
94
Brunswick North West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
95
Moonee Ponds Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moonee Ponds · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
96
Kensington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kensington · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
97
Kensington Community High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Kensington · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
98
Holy Rosary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kensington · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
99
Sophia Mundi Steiner SchoolIndependent · Combined · Co-ed · Years Prep-12 · Abbotsford · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
100
Thornbury Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
101
Docklands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Docklands · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
102
Islamic College of SportIndependent · Secondary · Co-ed · Years 11-12 · Coburg · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
103
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thornbury · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
104
Bell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
105
Richmond West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
106
St Monica's Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Moonee Ponds · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
107
Coburg High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Coburg · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
108
Coburg Special Developmental SchoolGovernment · Special · Co-ed · Years U · Coburg · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
109
St John's College PrestonIndependent · Combined · Co-ed · Years Prep-12 · Preston · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
110
Ascot Vale West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ascot Vale · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
111
Holy Spirit SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thornbury · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
112
Bindjiroo Yaluk Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
113
Antonine CollegeCatholic · Combined · Co-ed · Years Prep-12 · Pascoe Vale South · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
114
Australian International Academy of EducationIndependent · Combined · Co-ed · Years Prep-12 · Coburg · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
115
Richmond High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
116
Melbourne Indigenous Transition SchoolIndependent · Special · Co-ed · Years 7-8 · Richmond · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
117
Penders Grove Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
118
Moonee Ponds West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moonee Ponds · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
119
Trinity Catholic SchoolCatholic · Primary · Co-ed · Years Prep-6 · Richmond · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
120
Coburg North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
121
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Preston · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
122
Montague SchoolGovernment · Special · Co-ed · Years U · South Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
123
Virtual School VictoriaGovernment · Combined · Co-ed · Years Prep-12 · Thornbury · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
124
St Monica's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Footscray · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
125
Mercy CollegeCatholic · Secondary · Co-ed · Years 7-12 · Coburg · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
126
Thornbury High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Thornbury · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
127
Strathmore Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Strathmore · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
128
Richmond Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
129
Galilee Regional Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · South Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
130
Youth2Industry CollegeIndependent · Secondary · Co-ed · Years 11-12 · South Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
131
Giant Steps MelbourneIndependent · Primary · Co-ed · Years U · Kew · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
132
Hawthorn West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
133
Kew Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kew · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
134
Port Melbourne Secondary CollegeGovernment · Secondary · Co-ed · Years 7-10 · Port Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
135
Footscray High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Footscray · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
136
Port Phillip Specialist SchoolGovernment · Special · Co-ed · Years U · Port Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
137
South Melbourne Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Albert Park · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
138
Centre for Higher Education StudiesGovernment · Secondary · Co-ed · Years 10-12 · South Yarra · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
139
Andale SchoolIndependent · Special · Co-ed · Years U · Kew · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
140
Ave Maria CollegeCatholic · Secondary · Co-ed · Years 7-12 · Aberfeldie · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
141
Port Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Port Melbourne · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
142
Footscray Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Footscray · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
143
KamarukaIndependent · Special · Co-ed · Years 2-10 · South Yarra · 3.0 km
State Rank—English—Maths—Students352Multilingual1%ICSEA Rank50th
144
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kew · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
145
Our Lady of the Nativity SchoolCatholic · Primary · Co-ed · Years Prep-6 · Aberfeldie · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank50th
146
Parkville CollegeGovernment · Special · Parkville · 3.0 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
147
Victorian School Of LanguagesGovernment · Combined · Collingwood · 3.0 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
148
Travancore SchoolGovernment · Special · Travancore · 3.0 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
149
Ignatius Learning CentreCatholic · Secondary · Co-ed · Years 11-12 · Richmond · 3.0 km
State Rank—English—Maths—Students352Multilingual50%ICSEA Rank—
150
Yarra Me SchoolGovernment · Special · Preston · 3.0 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ yearsTop 50%

Moved in past yearTop 50%

Arrived from overseas (5 yr)Top 50%

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Princes Hill median house price & rent

Headline price, rent, yield and time on market for Princes Hill — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

1.07M

↑ +50.0% YoY

Days on marketⓘLast 12 months

↑ 9 days YoY

SoldⓘLast 12 months

↑ +0.5% YoY

Months of supplyⓘLast 12 months

1.6mo

Median rentⓘLast 12 months

$570/w

↑ +50.0% YoY

Days to leaseⓘLast 12 months

flat YoY

LeasedⓘLast 12 months

↑ +0.5% YoY

Gross yieldⓘLast 12 months

3.00%

Annualised

Data confidenceSales sample5ThinLease sample7GoodThin samples can swing month-to-month — treat single-figure deltas with care.

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed5 sales · 7 leases

4+0.5%

—

8+0.5%

—

Houses · 3 bed5 sales · 7 leases

4+0.5%

—

8+0.5%

—

Houses · 4 bed5 sales · 7 leases

4+50.0%

—

8+50.0%

—

Units · 1 bed5 sales · 7 leases

4+0.5%

—

8+50.0%

—

Units · 2 bed5 sales · 7 leases

4+0.5%

—

8+0.5%

—

Units · 3 bed5 sales · 7 leases

—

8+0.5%

—

All houses

4+0.5%

—

8+0.5%

—

All units

4+0.5%

—

8+50.0%

—

Where each segment ranks

Princes Hill property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

1/1above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

No ranked segments

02550 · MEDIAN75100

Percentile vs VIC

Value

The buy-versus-rent equation

Buying vs renting in Princes Hill

What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.

Property

Compare to

Houses · Total: +50%

VIC MEDIAN · +42%

Rent covers itRenting matches or beats the cost of owning−10% to 0%

BalancedMortgage roughly matches asking rent+30% to +60%

Far pricier to ownBuying costs much more than renting+100% to +130%+

BreakdownLast 12 months

Holding cost

Mortgage

Rent

Premium

Band

Assumes 80% LVR6.0% rate30y P&I

Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

5 nearby suburbs · 10km · Total house · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

78 / 100vs VIC

Days on market

17 days0 days YoY

Median price

$987k▼ −10.4% YoY

Sold (last year)

66▲ +6.7% YoY

Nearby suburb

Demand index

47 / 100vs VIC

Days on market

23 days▼ −3 days YoY

Median price

$1.18M▼ −1.5% YoY

Sold (last year)

24▲ +25.6% YoY

Nearby suburb

Demand index

86 / 100vs VIC

Days on market

20 days0 days YoY

Median price

$1.00M▲ +6.3% YoY

Sold (last year)

136▲ +12.2% YoY

Nearby suburb

Demand index

91 / 100vs VIC

Days on market

16 days0 days YoY

Median price

$937k▲ +0.9% YoY

Sold (last year)

163▼ −3.7% YoY

Nearby suburb

Demand index

80 / 100vs VIC

Days on market

21 days0 days YoY

Median price

$1.08M▼ −2.1% YoY

Sold (last year)

89▼ −4.3% YoY

Princes Hill · this suburb

Demand index

43 / 100vs VIC

Days on market

20 days▼ −9 days YoY

Median price

$1.07M▲ +50.0% YoY

Sold (last year)

4▲ +0.5% YoY

weakSales market velocityhow strong sales demand isstrong

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Princes Hill against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Princes Hill in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

4 peer suburbs · 10km · Total house

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

40 / 100vs Australia

Days on market

17 days0 days YoY

Median price

$987k▼ −10.4% YoY

Sold (last year)

66▲ +6.7% YoY

Gross yield

2.71%

Nearby suburb

Demand index

55 / 100vs Australia

Days on market

20 days0 days YoY

Median price

$1.00M▲ +6.3% YoY

Sold (last year)

136▲ +12.2% YoY

Gross yield

2.17%

Nearby suburb

Demand index

76 / 100vs Australia

Days on market

16 days0 days YoY

Median price

$937k▲ +0.9% YoY

Sold (last year)

163▼ −3.7% YoY

Gross yield

2.62%

Nearby suburb

Demand index

59 / 100vs Australia

Days on market

21 days0 days YoY

Median price

$1.08M▼ −2.1% YoY

Sold (last year)

89▼ −4.3% YoY

Gross yield

2.04%

Princes Hill · this suburb

Demand index

50 / 100vs Australia

Days on market

20 days▼ −9 days YoY

Median price

$1.07M▲ +50.0% YoY

Sold (last year)

4▲ +0.5% YoY

Gross yield

3.00%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Segment	Band	Months of supply left	YoY	Listed	Sold	Per month

median

Rental market

Segment	Band	Months of supply left	YoY	Listed	Leased	Per month

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Princes Hill — Units & Houses, all bedrooms

Jul 2021 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Princes Hill median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Five-year summaryAs of Jun 2026, the median house sale price in Princes Hill fell from $1.51M (Jul 2021) to $1.27M (Jun 2026) — a 16.4% decline over five years — peaking at $1.65M between Mar 2021 and Feb 2022. Median house rent went from $428/wk to $712/wk (+66.4%) over the same period. For units, the median sale price rose from $470k to $608k (+29.3%), with rent up from $198/wk to $350/wk (+76.8%) over the same period.

Property

Bedrooms

Median price (trailing year)

Jun 2026

$1.27M-12.2%

5y median $1.24Mvs last year $1.44M

Total sales (trailing year)

Jun 2026

19-9.5%

5y median 19vs last year 21

Days on market (trailing year)

Jun 2026

21 days-2

5y median 25 daysvs last year 23 days

Median rent (trailing year)

Jun 2026

$712/wk+57.2%

5y median $577/wkvs last year $453/wk

Total leases (trailing year)

Jun 2026

23+15.0%

5y median 31vs last year 20

Days on market (rental) (trailing year)

Jun 2026

14 days+6

5y median 13 daysvs last year 8 days

Gross yield (trailing year)

Jun 2026

1.68%-0.60 pt

5y median 1.59%vs last year 2.28%

Months of supply

Jun 2026

1.7 months+52.5%

5y median 1.8 monthsvs last year 1.1 months

Months of supply (rental)

Jun 2026

0.9 months-17.8%

5y median 1.0 monthsvs last year 1.1 months

Nearby markets

Suburbs near Princes Hill: prices compared

The nearest suburbs to Princes Hill, ranked by distance — each lined up against Princes Hill on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketPrinces HillVIC 3054 · Houses · Total

Price$1.07M

DOM20 days

Sold4

5 markets within 5kmLast 12 months

Carlton NorthVIC 30540.4kmHouses · Total

ParkvilleVIC 30520.8kmHouses · Total

Brunswick EastVIC 30571.3kmHouses · Total

Price$1.08M

DOM21 days

Sold89

similar pricedsimilar speed

Fitzroy NorthVIC 30681.4kmHouses · Total

BrunswickVIC 30561.5kmHouses · Total

Stat colourHow each suburb's stat compares to Princes Hill

Much lowerLowerSimilarHigherMuch higher

Similar markets

Suburbs like Princes Hill

Suburbs anywhere in VIC that behave like Princes Hill — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)

Princes Hill vs Glen Huntly: the closest sales-market match trades at a median of $1.05M against Princes Hill's $1.07M — about 2% lower, with homes selling in 20 days versus 20 days here.

Colour by

Property

Bedrooms

Market

This marketPrinces HillVIC 3054Houses · Total

Price$1.07M

DOM20 days

Sold4

Most similar sales markets · within 1.1–11 kmLast 12 months

Glen HuntlyVIC 316311km50% match

Price$1.05M

DOM20 days

Sold15

CaulfieldVIC 316210km59% match

Price$1.51M

DOM18 days

Sold39

ParkvilleVIC 30521km64% match

Price$1.50M

DOM13 days

Sold28

Essendon WestVIC 30406km53% match

Price$924k

DOM18 days

Sold16

Caulfield EastVIC 314511km47% match

Price$1.16M

DOM21 days

Sold10

Stat colourHow each suburb's stat compares to Princes Hill

Much lowerLowerSimilarHigherMuch higher

Comparable sales markets to Princes Hill: Glen Huntly median house price, Caulfield house prices, Parkville median house price, Essendon West house prices and Caulfield East property growth.

Princes Hill's closest rental-market twins: Parkville median house price, Glen Huntly property market, Caulfield East property growth, Essendon West average house price and Caulfield average house price. Each link opens that suburb's full market report.

Market data

Frequently asked · Princes Hill

26 data-driven answers about Princes Hill's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

What is the median house price in Princes Hill?

The median house price in Princes Hill, VIC 3054 is $1.07M as of June 2026, based on 5 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

What is the median unit price in Princes Hill?

The median unit price in Princes Hill, VIC 3054 is $1.07M as of June 2026, based on 5 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.

How much does it cost to rent in Princes Hill?

The median weekly house rent in Princes Hill is $570 as of June 2026, drawn from 7 leases over the past 12 months. Units rent for around $570 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.

How much is rent for a 3 bedroom house in Princes Hill?

A 3 bedroom house in Princes Hill rents for a median $570 per week as of June 2026, drawn from 7 leases over the past 12 months. Across other house sizes: 2-bedroom $570/week, 4-bedroom $570/week. Unit rents: 1-bedroom $570/week, 2-bedroom $570/week, 3-bedroom $570/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

What is the gross rental yield in Princes Hill?

Gross rental yield in Princes Hill is 3.00% for houses and 3.00% for units as of June 2026, compared with the VIC unit median of 3.99%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

How much is a 3 bedroom house in Princes Hill?

As of June 2026, Princes Hill medians by bedroom count:

How much is a 3 bedroom house in Princes Hill?
Property	1 bed	2 bed	3 bed	4 bed	Total
Houses	—	$1.07M	$1.07M	$1.07M	$1.07M
Units	$1.07M	$1.07M	$1.07M	—	$1.07M

Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.

What does it cost to own versus rent at the Princes Hill median?

At the median Princes Hill house ($1.07M purchase, $570/week rent), weekly mortgage repayments sit at roughly $1475 — about $905 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.

How the market is moving

Speed, supply, growth, cycle phase

What are Princes Hill's property market trends?

Princes Hill's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 20 days — faster than a year ago by 9; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the Princes Hill market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

What does the data say about Princes Hill as an investment?

As of June 2026 in Princes Hill, house prices rose +50.0% over the year, gross rental yield is 3.00% against a VIC median of 2.48%, houses take a median 20 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

How quickly do houses sell in Princes Hill?

Houses in Princes Hill sell in a median 20 days on market as of June 2026, with units clearing slightly similarly at 20 days. Days on market have tightened by 9 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Is Princes Hill a tight or loose property market right now?

Princes Hill's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.

Have property prices in Princes Hill gone up or down?

House prices in Princes Hill moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

How active is the rental market in Princes Hill?

Princes Hill's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 8 houses leased over the past 12 months. Units sit at 2.2 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.

Where is Princes Hill in its property market cycle?

Princes Hill's house market is currently in the 'softer_firming' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.

How it compares

Vs state, vs nearby, vs popular

How does Princes Hill compare to other VIC suburbs?

Princes Hill's median house price ($1.07M) is 148% above the VIC median ($432k) as of June 2026. On selling speed, houses clear in 20 days vs 24 days state median. On gross yield, Princes Hill sits at 3.00% vs 2.48% state median.

How does Princes Hill compare to neighbouring suburbs?

Princes Hill's most-similar nearby market is Glen Huntly (10.5 km away) with a median house price of $1.05M — about 2% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.

What's the most popular property type in Princes Hill?

The most-transacted segment in Princes Hill over the 12 months to June 2026 is 2 bed houses with 4 sales. 3 bed houses come second at 4 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

How many properties were sold and leased in Princes Hill last year?

Princes Hill recorded 4 house sales and 4 unit sales over the 12 months to June 2026 — a combined 8 transactions. On the rental side, 8 houses and 8 units were leased. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools

What postcode is Princes Hill in?

Princes Hill is in postcode 3054, in the Inner Melbourne region of VIC. Addresses there are written as Princes Hill, VIC 3054.

What is the population of Princes Hill?

Princes Hill, VIC 3054 is home to 1,372 residents (ABS Census 2021). The median resident age is 34, and the average household holds 1.4 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Princes Hill?

The median household in Princes Hill earns $2k per week — roughly $90k a year (ABS Census 2021). Median personal income runs $689/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Princes Hill?

The unemployment rate in Princes Hill is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Princes Hill?

Princes Hill is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Princes Hill?

Princes Hill has 150 schools within reach, 1 of them inside the suburb itself — including Princes Hill Secondary College. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Princes Hill a good place to live?

Princes Hill, VIC 3054 has a population of 1,372, a median age of 34, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Princes Hill market data last updated?

This Princes Hill market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.