Princes Hill VIC 3054
Located in Victoria, Princes Hill sits 4 km from Melbourne CBD, around 12 minutes by car. The suburb has 2,005 residents, a median age of 39, and a median household income of $115,336 per year. By household income, education, and employment patterns, it ranks in the top 20% nationally. The suburb fell 5.7% between 2016 and 2021. At the 2021 Census, households here paid a median rent of $462 per week and a median monthly mortgage of $3,000. Princes Hill is characterised by high crime risk and no recorded bushfire exposure. 2 schools sit within the suburb boundary, and walkability is high.
Is Princes Hill a good suburb?
Princes Hill scores a A (81/100) on SuburbScan's Liveability grade — strong on transit and community, weaker on prices and safety.
Mixed results
2 schools
Walkable and central
Walkability 97/100 · 4.3 km · 12 min drive to Melbourne
Above the state median
Median $1.91M · Less affordable than 89% of VIC
High crime risk
Fire 0/100 · Crime 86/100 · Flood 37/100
Very advantaged
SEIFA decile 10/10 · median age 39 · 2,005 residents
Liveability Rating
81 / 100 · Ranked #52 in VICEach bar is Princes Hill's rank among VIC suburbs, from 0 to 100 (higher is better). Scored on 4 of 5 factors: no school data, so the other factors carry its weight.
How do you rate the liveability in Princes Hill?
Local knowledge beats any dataset. Rate it and see what other residents think.
Our score
81 / 100
From schools, safety and socio-economic data — not opinion.
Residents say
…
Median House Price
Public listings dataPrinces Hill's house market is moving higher: the median sale price reached $1.91 million, roughly 29% above where it sat a year earlier.
Houses
$1,905,000
51% above its 3 neighbours (median $1,260,000)
Based on 45 recorded sales in the last 24 months.
By bedrooms
- 2 bed 10 sales $1.33M
- 3 bed 15 sales $1.8M
- 4 bed 15 sales $2.85M
Units
$690,000
Based on only 7 sales — small sample, take as indicative.
Rental Market
Rental affordability
June quarter 202587 Unaffordable · the average rental household in this region would pay about 34% of its income on the median rent in postcode 3054.
SGS Rental Affordability Index: a score of 100 means rent takes 30% of income, the usual housing-stress line; lower scores are less affordable. "Region" is the capital city or the rest of the state.
Short-Stay Rentals
14 active Airbnb listings: 11 whole homes and 3 rooms. Whole homes are about 1.1% of the suburb's homes.
Airbnb only, as at Jun 2026; other platforms are not included. Active means reviewed in the past 12 months. The share is against private dwellings at the 2021 Census.
Is Princes Hill safe? Crime statistics
2026Crime in Princes Hill sits in the high band, with 225 incidents recorded in 2026 — down about 3% on the prior year.
225 offences
3.0% since 2025Crime Trend
Serious Road Crashes
2021–20259 crashes
where someone was killed or admitted to hospital
Where they happened
Crashes are counted where they happened, so a main road through the suburb carries people passing through; this is not a measure of risk to residents. Roads are listed with 3 or more serious crashes.
Schools
Two schools serve Princes Hill, and the cohort is trailing peer-suburb performance.
- • 1,189 students across 2 schools (avg 594)
- • ICSEA 1147-1152, median 1150 (well above the national baseline of 1000)
- • Largest: Princes Hill Secondary College (862 students)
Primary
Secondary
Universities nearby
- 1.5 kmThe University of MelbourneThe University of Melbourne · 404 courses
- 2.4 kmAustralian Catholic University-Melbourne CampusAustralian Catholic University · 137 courses
- 4.8 kmMelbourne C.Q.U CampusCentral Queensland University · 59 courses
5.4% of residents here are full-time university students aged 15–24.
Distance is measured to the suburb centre. A campus nearby does not by itself mean a student rental market — most suburbs within a few kilometres of one have a student share close to the national norm, and the figure above is what tells them apart.
Walkability
Princes Hill is exceptionally walkable on foot — at 97/100, daily errands don't require a car at all.
Public transport
Weekday and weekend service frequency across every stop inside Princes Hill.
- Peak (7-9am + 5-7pm)
- 29.0 arrivals/hr
- Off-peak weekday
- 22.1 arrivals/hr
- Saturday
- 18.5 arrivals/hr
- Median peak wait
- 1 min
- Span of service
- 19.4 hours
Scheduled service only, based on the 21 October 2026 timetable. Reliability (delays, cancellations) not measured.
NBN connectivity
The internet access technology available across NBN premises in Princes Hill.
- Full-fibre (FTTP) share
- 100%
- Premises covered
- 1,069
NBN Co fixed-line and fixed-wireless premises, as at 30 December 2025. Higher-quality technologies (full fibre) score above copper, wireless, and satellite. Actual speeds depend on your plan.
Amenities
Yarra: council population
The three add up to the change above. These are council-wide figures from the ABS, not figures for this suburb alone — this suburb's own population is in the census section above.
Socio-economic profile
The ABS scores 5 small areas inside this suburb and averages them into the single decile above. They fall into 2 different deciles — a narrow range, so the average describes the suburb closely.
Princes Hill is home to about 2,000 residents, with a median age of 39, broadly in line with the national figure. Median household income runs at $115,000 a year, with unemployment at 5.0%.
2021 Census · change since 2016
Population
2,005
Median Age
39
Median Household Income
$115,336/yr
Census Median Rent
$462/wk
Census Median Mortgage
$3,000/mo
Avg Household Size
2.2
Median Personal Income
$60,112/yr
Unemployment Rate
5.0%
Unoccupied Dwellings
15.0%
Total Dwellings
849
Owner-Occupier Rate
55.5%
Houses
14.3%
Rental Stress
20.8%
Mortgage Stress
31.2%
Work From Home
52.8%
Dwelling Types
Property Ownership
64 rented from a state or territory housing authority and 5 from a community housing provider, as a share of the 357 rented dwellings above — not of all dwellings.
Demographics
- Born in Australia
- 73.2%
- English Spoken at Home
- 79.9%
- Employment Rate
- 62.3%
- Completed Year 12
- 69.1%
Occupations
Religion
Country of Birth (overseas)
Largest overseas birthplaces, as a share of all residents.
When They Arrived
Share of all residents by the year they arrived in Australia. Periods cover different numbers of years, so compare the shape rather than the bar widths.
64 residents (3.2%) arrived since 2016. Australia’s borders were closed to most arrivals from March 2020, so the last two years of that period are much smaller than the ones before them — nationally 260,799 people arrived in 2019 against 28,521 in 2021.
Where New Residents Came From
Where residents aged five and over lived five years before the 2021 Census, for those who lived somewhere else.
Top places newcomers came from, as a share of the 1,925 residents aged five and over. Areas are ABS statistical regions. Small counts are approximate: the ABS adjusts every figure slightly to protect privacy.
Languages Spoken at Home
Top languages other than English, as a share of all residents.
Age Distribution
Family & Household Composition
Commute to Work
42% of employed residents work in a capital's city centre (463 of 1,094).
City centre: the ABS area around each capital's CBD, such as Sydney Inner City or Perth City (which takes in Subiaco and Leederville). 2021 Census place of work.
Local Jobs
People who work in this suburb against employed people who live here, 2021 Census.
About 359 people work here; 1,094 employed residents live here.
Mostly a place people commute from: 0.3 jobs per working resident. At least 67% of employed residents must work outside the suburb.
Counts are by place of work and place of usual residence. The ABS counts jobs in zones; where a zone spans several places, its jobs are shared out by land use. The ABS also adjusts every figure slightly to protect privacy.
Education
Cars per Dwelling
Council Rates
Households face an average residential rates bill of $1,937 a year through Yarra based on 2024 figures.
How this land is zoned
- Residential 87%
- Parks and recreation 7%
- Infrastructure and transport 6%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it — the property page shows the zone for one address.
Building Approvals: Yarra
In the year to August 2026, 1,675 new dwellings were approved across Yarra. That mix is 23 houses and 1,652 units. Approvals are up 645.5% on the same period a year earlier.
Aboriginal Cultural Heritage
The Registered Aboriginal Party for this area is Wurundjeri Woi Wurrung Cultural Heritage Aboriginal Corporation (appointed 2008).
Registered Aboriginal Parties are appointed by the Victorian Aboriginal Heritage Council under the Aboriginal Heritage Act 2006 as the primary guardians, keepers and knowledge holders of Aboriginal cultural heritage for their area. They are the body to contact about cultural heritage here.
Air Quality
MODERATEPM2.5 averaged 7.9 µg/m³ in 2025 — below Australia's NEPM annual standard (8 µg/m³), slightly above the stricter WHO guideline (5 µg/m³).
From the Melbourne CBD monitoring station, 2.9 km away.
Climate & Setting
from Essendon Airport, 8.0 kmModerate rainfall — hot summers, mild winters.
- Elevation
- 44 m
- above sea level, at the suburb centre
- Distance to the ocean
- 7.3 km
- Annual rainfall
- 534 mm
- 85 rainy days
- Summer max (Jan)
- 26.7°C
- 13 days ≥ 35°C
- Winter min (Jul)
- 6.5°C
- 2 frost days ≤ 0°C
Elevation is the ground at the suburb centre, from Geoscience Australia's National Digital Elevation Model. Approximate — it reads high in dense built-up areas. It is a measure of height above sea level and not an indicator of flood risk, which depends on height above nearby waterways.
Industrial Emissions Nearby
19 facilities within 5 km- 1.7 kmHuman Pharmaceutical and Medicinal Product ManufacturingTop reported: Oxides of Nitrogen · Carbon monoxide · Particulate Matter ≤2.5 µm (PM2.5)
- 1.8 kmHospitals (Except Psychiatric Hospitals)Top reported: Oxides of Nitrogen · Carbon monoxide · Particulate Matter ≤2.5 µm (PM2.5)
- 2.0 kmHospitals (Except Psychiatric Hospitals)Top reported: Oxides of Nitrogen · Carbon monoxide · Particulate Matter ≤2.5 µm (PM2.5)
- 2.1 kmHospitals (Except Psychiatric Hospitals)Top reported: Oxides of Nitrogen · Carbon monoxide · Particulate Matter ≤2.5 µm (PM2.5)
- 2.2 kmFossil Fuel Electricity GenerationTop reported: Oxides of Nitrogen · Carbon monoxide · Particulate Matter ≤10.0 µm (PM10)
EV adoption
In postcode 3054, 93 of 4,271 registered light vehicles are battery-electric on 31 January 2025. A further 3.3% (139 vehicles) are hybrid or plug-in hybrid, taking the non-petrol, non-diesel share to 5.4%.
Rooftop solar
In postcode 3054, 492 rooftop-solar systems totalling 2.6 MW have been installed since 2001, against 3,994 dwellings recorded in the 2021 Census. 32 went up in the last year.
Counts every system certified since 2001, so a roof re-fitted with a newer system is counted twice, and small commercial systems are included alongside houses — useful for comparing postcodes, not an estimate of how many homes have working panels today.
2026 covers part of the year only, to 2026-07.
First Home Owner Grant
FY2026-27$10,000 for new homes priced up to $750,000.
The separate First Home Buyer Duty Reduction (stamp-duty concession) runs alongside this grant.
0 first-home grants were paid in postcode 3054 in 2025-26. The most was 46, in 2006-07.
Grants on new and established homes; established homes stopped qualifying in mid-2013.
Mortgage repayments
2 mortgage brokers are registered in this suburb, 9 across postcode 3054.
Land transfer duty at the owner-occupier rate, and it excludes first home buyer concessions — those can cut it substantially or remove it entirely. Excludes legal, inspection and lender fees. Check with State Revenue Office Victoria
The First Home Owner Grant applies to newly built homes only, so it isn't available on an established purchase. A first home buyer building or buying new under $750,000 may qualify for $10,000 — see what qualifies with State Revenue Office Victoria.
At $1,905,000 this is $1,155,000 above the $750,000 First Home Owner Grant cap. A first home buyer may qualify for $10,000 on a newly built home — check eligibility with State Revenue Office Victoria.
A deposit under 20% usually attracts Lenders Mortgage Insurance, which this doesn't include.
Principal and interest over 30 years, fixed rate. Excludes fees, offset, redraw and LMI. Default rate is the median comparison rate across 1788 advertised products as at 2026-10-26 — indicative only, and not an offer. Your rate depends on the lender, your deposit and your circumstances. Not financial advice.
Federal Electorate
Currently held by Peter Khalil Australian Labor Party
| Year | Winner | 2PP ALP | 2PP LNP | Swing |
|---|---|---|---|---|
| 2025 | Peter Khalil | 80.9% | 19.1% | +3.8 |
| 2022 | Peter Khalil | 75.8% | 24.2% | -0.1 |
| 2019 | Peter Khalil | 75.8% | 24.1% | -4.2 |
Results are per division — federal electoral boundaries are redrawn periodically, so the history reflects this division's past, not necessarily the exact suburb's voters across time.
State Electorate
Currently held by Tim Read Australian Greens
Next state election: 28 November 2026.
| Year | Winner | Won with | 2PP ALP | 2PP LNP |
|---|---|---|---|---|
| 2022 | Tim Read GRN | 55.1% | 84.1% | 15.9% |
| 2018 | Tim Read GRN | 50.6% | 84.4% | 15.6% |
| 2014 | Jane Garrett ALP | 52.2% | 79.4% | 20.6% |
Results are per district. Districts were last redrawn in 2021, so results from before then describe the district of that name, not necessarily this suburb's voters. Results: Victorian Electoral Commission, CC BY 4.0.
Looking at a specific address in Princes Hill?
Every figure above is a suburb average, and an average smooths over the difference between a street of family homes and a block of flats. Look up one address and you get the census for the few hundred people around it, its own nearest schools and stops, and what the state has mapped for that block.
- The census for a few hundred neighbours, not all 2,005 residents
- Nearest and zoned schools, with the walk from that door
- Flood, bushfire and noise mapping, where the state publishes it
Free to look up. Subscribers see every section in full — $29/month.
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Checking the whole city?
Suburbs to avoid in Melbourne There is no list of bad suburbs, but there are hazards the state measures and publishes — recorded crime, bushfire exposure, flood overlays and aircraft noise. Melbourne suburbs ranked on them, with what the numbers do and don't mean.Nearby suburbs
Compare Princes Hill to another suburb
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Common questions about Princes Hill
Is Princes Hill a safe place to live?
Recorded crime in Princes Hill is high (86/100, ranked against other VIC suburbs on offences per resident). Offences against shops, venues and visitors are divided by the people who live here, so suburbs with large daytime or visitor populations rank higher than living there may feel.
What natural hazards affect Princes Hill?
Princes Hill has no recorded bushfire history. Flood overlays cover a low share of it (37/100). These are suburb-wide figures; check the address, as flood and bushfire exposure change street by street.
Is Princes Hill a good place to live?
Princes Hill has a SuburbScan Liveability grade of A (81/100), ranked against other VIC suburbs on school quality (25%), safety (25%), SEIFA socio-economic advantage (25%), walkability (15%) and CBD access (10%). Whether it suits you depends on what you weigh — each of those is on this page.
What is the population of Princes Hill?
Princes Hill, VIC had a population of 2,005 at the 2021 Australian Bureau of Statistics census.
What is the postcode for Princes Hill, VIC?
The postcode for Princes Hill, VIC is 3054.
How far is Princes Hill from Melbourne?
Princes Hill is 4 km from Melbourne CBD by road, about 12 minutes by car in normal traffic. Distance is the most-direct driving route, not straight-line.
What is the median household income in Princes Hill?
At the 2021 ABS Census, median household income in Princes Hill was $115,336 a year. It is the most recent suburb-level income figure until 2026 Census results are released in 2027.
What is the median weekly rent in Princes Hill?
There are too few current rental listings in Princes Hill for a reliable median. At the 2021 ABS Census the median weekly rent was $462, across all dwelling types.
What is the median age in Princes Hill?
The median age of residents in Princes Hill was 39 at the 2021 ABS Census.
How are the schools in Princes Hill?
There are 2 schools inside the Princes Hill boundary: 2 below similar schools on NAPLAN, compared with same-state, same-type schools of similar socio-educational advantage (ICSEA).
Is Princes Hill walkable?
Princes Hill scores 97/100 on the SuburbScan Walkability Score, making it exceptionally walkable. The score is a weighted average of public transport, schools, parks, supermarkets, GPs, pharmacies, childcare, and hospitals within walking distance.
What is the air quality in Princes Hill?
The nearest government air-quality monitoring station to Princes Hill (Melbourne CBD) recorded a 2025 annual mean PM2.5 of 7.9 µg/m³. That puts Princes Hill below the Australian NEPM annual standard of 8 µg/m³ but above the stricter WHO guideline of 5 µg/m³.
What is the weather like in Princes Hill?
At the nearest Bureau of Meteorology station to Princes Hill, Essendon Airport (8 km away), summer days average 26.7°C, winter nights 6.5°C, 534 mm of rain a year over 85 rainy days, and 13 days a year above 35°C over 2006-2026.
Is the First Home Owner Grant available in Princes Hill?
First-home buyers in VIC may be eligible for $10,000 towards new homes with a purchase price up to $750,000. The grant is administered by State Revenue Office Victoria; confirm current eligibility before signing a contract — state rules and amounts can change.
What council does Princes Hill belong to?
Princes Hill sits within the Yarra local government area. Council rates, planning approvals, and waste collection fall under this LGA.
How much are council rates in Princes Hill?
The average residential rates bill through Yarra is $1,937 a year (2024). Every suburb in this LGA shares the same schedule — individual bills vary with land value.
How much is being built near Princes Hill?
Across Yarra, 1,675 new residential dwellings were approved in the year to August 2026 (source: ABS Building Approvals). That's up 645.5% on the same period a year earlier. These are LGA-level totals — every suburb in the council shares the same figure.
Which federal electorate is Princes Hill in?
Princes Hill sits within the federal Division of Wills, currently held by Peter Khalil (Australian Labor Party).
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Data freshness
- Census · 2021
- Median sale prices · Oct 2026
- For-sale & rental market · Oct 2026
- Council rates · FY 2024–25
- Building approvals · Aug 2026
- Schools · 2025
- Public transport · Oct 2026
- NBN connectivity · Dec 2025
- Crime · 2026
- Road crashes · 2021–2025
- Air quality · 2025
- Climate · 2006–2026
- Socio-economic (SEIFA) · 2021
- EV adoption · Jan 2025
- First Home Owner Grant · Sep 2026
- Federal electorate · 2025
- Short-stay rentals · Jun 2026
- State electorate · 2022
- Amenities · Sep 2026
- Health & emergency facilities · Sep 2026
- Industrial emissions (NPI) · 2024/2025
- Coastal erosion · 1988–2025
- Aircraft noise · 2024
Vintages show when each source's data is from. See all data sources.
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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.