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Back 514 Park Street
Off Market

514 Park Street

Princes Hill VIC 3054

4
1
3
House
Last sold for $2,900,000
Christian CorteseChristian Cortese, last sold this property on 09 August 2025 after 24 days on market.

Overview

Exceptionally rare block in prestigious Princes Hill

Perfectly positioned on the doorstep of the city, this original home presents a lengthy block of approx. 550sqm with exciting potential to make your own. A rare opportunity awaits you for full renovation or redevelopment (Subject to Council Approval) mere moments to Princes Park, Lygon Street and the CBD. A generous rectangular allotment boasts fantastic proportions for a fresh new home, benefitting from R.O.W. access via Bougainville Place to a secure triple garage behind the current home. In addition to invaluable inner-city parking, you're directly opposite the Inner Circle Rail Trail for breezy cycling to all the highlights of inner Melbourne, or over to scenic trails along the tranquil Yarra. Stroll to lovely Princes Park for picnics, sports grounds, playgrounds and more, or explore the endless selection of cafés, restaurants and boutiques that line iconic Lygon Street. Walk to the quality schooling of Princes Hill Primary School, Princes Hill Kindergarten and Princes Hill Secondary College. Barkly Square offers further shops and supermarkets with buzzing Sydney Road just beyond, while trams are just footsteps around the corner for seamless travel to Carlton shopping and dining, the University of Melbourne, or straight into the CBD.

Features

4 bedrooms
1 bathroom
3 carspaces
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Princes Hill over the last 12 months, the estimated median property value of 514 Park Street is $1.95m.

Median value
$1.95m
Estimated value range
$1.7m - $2.9m
Median days on market
24
Estimated value trend
-88%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Princes Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 514 Park Street

2025
Sold
$2,900,000
Auction Sale on 09 Aug 2025 by Christian Cortese, of Nelson Alexander Carlton North

Happy sellers in Princes Hill

~%

We have insufficient information to provide an overview of customer satisfaction for Princes Hill. Viewing the agent profiles, reviews and sales for Princes Hill can provide insights for this location.

Local market activity for 4 bedroom houses in Princes Hill

In the last 12 months, 9 four-bedroom houses similar to 514 Park Street, have been sold.

This represents a 28% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Princes Hill

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Rob Norris

Rob Norris is a recommended agent for Princes Hill.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Princes Hill
  •  1 Sale in Princes Hill
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Johanna Doherty

Sellers who recommend Johanna Doherty have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and great negotiation

  •   4.9   (126 reviews)
  •  1 Review in Princes Hill
View profile
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Jason Sharpe

Jason Sharpe is a recommended agent for Princes Hill.  They have 7 local sales across the last 12 months.

  •   4.9   (166 reviews)
  •  7 Sales in Princes Hill
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Charlie Barham

Charlie Barham is a recommended agent for Princes Hill.  They have 3 local sales across the last 12 months.

  •   5  
  •  3 Sales in Princes Hill
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