Your suburb, scored · Data as of Oct 2026

Princes Hill, VIC

Postcode 3054 · Yarra council area · Greater Melbourne · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 99 / 100 — ranked #260 of 15,286 suburbs this month

Among the strongest markets in the country right now

Current buyer and rental conditions here rank in the top tier of the 15,000 suburbs we measure this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$1,335,000

Up 9% over the past 12 months of settled sales.

Median weekly rent$1245/wk

That's a gross yield of 4.9% at the current median price.

Vacancy rate0.3%

Anything under 1.5% means renters are competing for what little is available.

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Best Streets in Princes Hill, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Princes Hill's streets below.

Other High-Scoring Suburbs in Yarra (VIC)

IndicatorPrinces Hill ReadingContext & Benchmark
Ripehouse R-Score99 / 100Ranked #260 of 15,286 Australian suburbs (Oct 2026)
Median House Price$1,335,000+9% over the past 12 months of settled sales
Median Weekly Asking Rent$1245/wkImplies a 4.9% gross rental yield at the current median price
Rental Vacancy Rate0.3%Tight rental supply (below the 1.5% equilibrium threshold)
Median Days on Market80 daysPart of Yarra (VIC) council area (LGA avg R-Score 90/100)

Buyer's Agent & Quantitative Due Diligence

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Princes Hill VIC FAQs

Frequently Asked Questions: Investing in Princes Hill, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Princes Hill.

Is Princes Hill VIC a good suburb for property investment in 2026?

As of Oct 2026, Princes Hill (VIC 3054) scores 99/100 on the Ripehouse R-Score, ranking #260 out of 15,286 Australian suburbs. Among the strongest markets in the country right now. Key fundamentals include a median price of $1,335,000, median rent of $1245/wk, gross yield of 4.9%, and vacancy of 0.3%.

What is the median house price and 12-month growth in Princes Hill VIC?

The current median property price in Princes Hill (VIC) is $1,335,000 (Oct 2026), representing a +9% change over the past 12 months. Properties in Princes Hill currently spend a median of 80 days on market.

What is the rental yield and vacancy rate in Princes Hill VIC?

In Princes Hill (VIC), the median weekly asking rent is $1245/wk, producing a gross rental yield of 4.9%. The suburb vacancy rate is 0.3% as of Oct 2026.

What are the best streets in Princes Hill VIC?

Ripehouse Advisory scores every G-NAF street in Princes Hill against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Princes Hill Street Score tool on this page to compare individual streets.

Which council area (LGA) is Princes Hill VIC located in?

Princes Hill (VIC, postcode 3054) is located in the Yarra council area (LGA) within Greater Melbourne. Across Yarra, the council-wide average R-Score is 90/100 across 10 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.