516-518 Park Street
Princes Hill, 3054 VIC
House on a 552 m² block with 11m frontage and dual access.
Property Snapshot
House3 Bed2 Bath2 Off Street552 m² Land11m FrontageDual Access
Investment Highlights
What makes 516-518 Park Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
552 m²
Frontage
11m
Zoning
NRZ1
Residential - Low Density
Why Buyers Look At This One
Walkable transport position — approx. 101m to bus, 1km to train station and 595m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
2 off-street
Internal Area
—
Ownership & Value
Last Sold$2.93M
Sold DateDec 2025
Land Value—
RPD1\TP698215
Planning & Site
Property TypeResidential
AccessDual Access
Height Limit—
Max Storeys—
Dual Street AccessResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
Auto Estimate
$1.90M
Confidence: Low · Range: $1.61M – $2.18M
3 Bed Median
$1.74M
Growth Since 2025
−$1.03M
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$1k
3 Bed Yield
3.0%
Vacancy
—
Rentals Last 12M
—
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: Bushfire not available in this area. Please check with local council.. Heritage: Heritage Overlay. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 516-518 Park Street.
Train Station
1km
Bus Stop
101m
Schools
595m
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Princes Hill Snapshot
Broader suburb metrics that support the local story.
Population
2,005
Owner Occupiers
53%
Social Housing
8.1%
Crime Index
—
Not available
Explore Princes Hill in more detail
Deep dive into growth, demand, demographics and comparable sales.
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