Princes Hill — Frequently Asked Questions

Everything you need to know about living in Princes Hill. Every answer uses verified data from government sources, not guesswork.

Is Princes Hill safe to live in?

Princes Hill is an inner-city suburb just 3.0km from the CBD. Like most inner Melbourne areas, property crime is the main concern — lock your car and don’t leave valuables visible.\n\n## Is Princes Hill a good place to live?

Key strengths: Just 3km from Melbourne CBD; 13 detailed guides available covering Princes Hill’s local scene. Princes Hill is a inner-ring suburb in the City of Yarra, 3km from Melbourne’s CBD. Population of approximately 3,200 residents. Established residenti\n\n## How much is rent in Princes Hill in 2026?

Median rent for a 1-bedroom in Princes Hill is $400/week. Median house price is $1.3M.\n\n## What is Princes Hill known for?

Princes Hill is a inner-ring suburb in the City of Yarra, 3km from Melbourne’s CBD. Population of approximately 3,200 residents. Established residential area with local shops and services.\n\n## Is Princes Hill expensive to live in?

Princes Hill is above average. Median house price is $1.3M vs Melbourne’s $1.17M median. 1BR rent: $400/week.\n\n## Is Princes Hill good for families?

Princes Hill is an inner suburb. While it has walkability and culture, families may find smaller lot sizes and busier streets. Population: 3,200.\n\n## How far is Princes Hill from Melbourne CBD?

Princes Hill is 3km from Melbourne CBD. Multiple tram and train options connect Princes Hill to Melbourne CBD. Journey time approximately 9 minutes.\n\n## Does Princes Hill have good public transport?

Multiple tram and train options connect Princes Hill to Melbourne CBD. Journey time approximately 9 minutes.\n\n## What schools are in Princes Hill?

Verified school data for Princes Hill is being compiled. Check the ACARA My School website for the latest listings. Most Melbourne suburbs have at least one government primary school within 2km.\n\n## What suburbs are near Princes Hill?

Princes Hill’s neighbouring suburbs include Abbotsford, Collingwood, Cremorne, Richmond. By MELBZ rating: Abbotsford (B+), Collingwood (B), Cremorne (C+), Richmond (C).\n\n## Princes Hill vs Abbotsford — which is better?

1BR rent: Princes Hill $400/week vs Abbotsford $395/week. Distance to CBD: Princes Hill 3km vs Abbotsford 3km.

Data sources: ABS Census 2021, PTV GTFS April 2026, VicPol Crime Statistics, ACARA School Profiles, Homes Victoria Rental Report Sept 2025. Last updated April 2026.