Princes Hill Home Renovations And Extensions Projects
At some stage, most homeowners are faced with the decision to sell their property and move to a new location when their home no longer fulfils their requirements. Or, they can choose to stay and renovate. Most properties will benefit from some form of renovation, however, depending on your circumstances, you can massively improve the space and aesthetics of your home with a large-scale remodel.
Whether you are simply looking for small, strategic tweaks to improve your living space or a complete makeover, our team of expert designers and master builders at Period Extensions & Designs can give you professional advice to help you transform your existing house into the home you have always dreamed of.
Why Choose Princes Hill?
Princes Hill is situated just 3 kilometres north of the city of Melbourne and was named after the Prince of Wales as were Princes Park and Princes Hill Secondary College. Families with children, singles, retirees, and professionals live in this picturesque suburb where foxes can be seen dashing across the roads at night.
It has a country atmosphere with plenty of parks and public transport to local shops and cafes. Beautiful Princes Park is the largest of all the inner-city parks in the Melbourne area where residents can relax and exercise far away from any traffic noise. The houses on tree-lined streets are well kept and a good public transport system is virtually on your doorstep as well as the convenience of shopping, cafes, and restaurants in nearby Fitzroy, Brunswick, Carlton, and the CBD.
Distance to
Distance from Melbourne
Princes Hill Demographics
Princes Hill has a population of just over 2,100 people. This is made up of around 23% independent youth, almost 15% maturing and established independence, just under 13% older couples and families, while around 37% are married.
The main occupations of people living in Princes Hill are around 50% professionals, nearly 13% managers, just over 11% clerical and administrative workers, nearly 7% community and personal service workers, just over 6% sales workers and around 6% technicians and trades workers.
Nearly 33% of homes in Princes Hill are fully owned, and around 17% are in the process of being purchased by home loan mortgage. The median individual income is about $815 per week and the median household income is around $1,650 per week, while the median mortgage repayment is about $2,150 per month.
Independent Youth
23.2%
No Data Found
Maturing & Established Independence
14.6%
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Older Couples & Families
12.6%
No Data Found
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Princes Hill Lifestyle
Princess Hill is a sought-after inner-city suburb with house prices well over that of surrounding suburbs like Brunswick for example. It is perfect for families with children as schools and universities are close by. There is not much nightlife in the suburb itself but top dining and entertainment are available in the vibrant city of Melbourne just minutes away.
With Princes Park virtually on the doorstep of most homes, you can go for a jog or walk the dog and kids have a safe place to run and play. The wide streets are lush green and a nature strip runs through the middle of the suburb. People living here are predominantly middle class with a large number of academics due to its close proximity to the University of Melbourne.
Types Of Homes In Princes Hill
The houses in Princess Hill are predominantly Victorian terraces and many have been restored to their former glory by careful renovation with attention to detail preserving the ornate wrought ironwork and facades so characteristic of that era. Many homes have also been renovated to fit in with the modern lifestyles of their owners.
Princes Hill Median House Prices
The median house price in Princes Hill is $1,859,000 with some properties fetching close to $3 million. From this, we can see that a carefully planned renovation or extension can add significant value to your home which will help with the future resale value.
Therefore, if you would like to extend or renovate your Princess Hill property, please contact us at Period Extensions & Designs today and let one of our designers show you how they can turn your property into your dream home.
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Buy $2,292,500 |
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2BR - |
3BR $1,920,000 |
4BR $2,310,000 |
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Buy $700 PW |
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2BR - |
3BR $650 PW |
4BR $885 PW |
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Buy $826,000 |
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1BR - |
2BR - |
3BR - |
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Buy $390 PW |
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1BR $300 PW |
2BR $420 PW |
3BR - |
Book A Free Consultation Today
One of our experienced designers will contact you to discuss your renovation or extension.