the breakdown, and read our methodology for how we research and verify." cover_alt: “Princes Hill lifestyle” cover_credit: “wikimedia_commons” figures: [{“position”: “Current Median Prices”, “url”: “https://upload.wikimedia.org/wikipedia/commons/2/20/2014_Audi_TTS_%288J_MY14%29_quattro_coupe_%282015-12-07%29_02.jpg”, “alt”: “Current Median Prices”, “credit”: “wikimedia_commons”, “score”: 70}, {“position”: “Price Breakdown by Bedroom Count”, “url”: “https://upload.wikimedia.org/wikipedia/commons/2/20/2014_Audi_TTS_%288J_MY14%29_quattro_coupe_%282015-12-07%29_02.jpg”, “alt”: “Price Breakdown by Bedroom Count”, “credit”: “wikimedia_commons”, “score”: 70}] —Here are the current median property prices in Princes Hill as of early 2026. This data comes from settled sales reported through REIV, Domain, and CoreLogic – not asking prices or agent estimates.
Current Median Prices
| Property Type | Median Price | YoY Change | Rental Yield |
|---|---|---|---|
| Houses | $728,440 | +8.8% | 3.1% |
| Units/Apartments | $395,283 | +9.7% | 5.0% |
Market Indicators:
- Days on market (median): 51 days
- Auction clearance rate: 72%
- Total sales (last 12 months): 117 settled
Price Breakdown by Bedroom Count
Houses
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 2-bedroom | $509,907 | $437,064 - $582,752 |
| 3-bedroom | $728,440 | $619,174 - $837,705 |
| 4-bedroom | $946,972 | $837,705 - $1,092,660 |
| 5+ bedroom | $1,165,504 | $1,019,815 - $1,456,880 |
Units & Apartments
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 1-bedroom | $296,462 | $237,169 - $335,990 |
| 2-bedroom | $395,283 | $335,990 - $454,575 |
| 3-bedroom | $533,632 | $474,339 - $592,924 |
Growth Trend (5-Year View)
| Year | House Median | Unit Median |
|---|---|---|
| 2022 | $519,396 | $272,736 |
| 2023 | $565,226 | $299,249 |
| 2024 | $615,101 | $328,341 |
| 2025 | $669,376 | $360,260 |
| 2026 (YTD) | $728,440 | $395,283 |
Rental Market
Current rental medians in Princes Hill:
| Property Type | Weekly Rent | Annual Yield |
|---|---|---|
| House (3br) | $446/wk | 3.1% |
| Unit (2br) | $395/wk | 5.0% |
Vacancy rate: 2.6% (tight market, landlord-favourable)
What This Means for Buyers
A mix of first-h
