Victoria · Postcode 3054

Princes Hill postcode and suburb data

Victoria · Phone area code 03 · 3 km from Melbourne

Metro Top 10% SEIFA Above VIC income
2,005
Population (2021)
$2,218
Household income/wk
$462
Median rent/wk
39
Median age
10/10
SEIFA advantage

Suburb snapshot

Princes Hill at a glance vs VIC

Fast facts and benchmark bars show the suburb's key postcode, Census, SEIFA, school and LGA signals in context.

Quick facts

3054 Postcode See every suburb sharing this postcode
2,005 People Resident population, Census 2021
Yarra Council area 16 suburbs, 6 postcodes
39 Median age Years, Census 2021
$2,218/wk Household income Suburb median, Census 2021 dollars
Decile 10/10 SEIFA advantage Very high advantage
1 Schools ACARA 2025 profiles in this suburb

Benchmarks against VIC

Household income
$2,218/wk
22% above VIC average
Suburb median, Census 2021
Weekly rent
$462/wk
23% above VIC average
Suburb median, Census 2021
SEIFA advantage
10/10
4.0 deciles above VIC average
IRSAD decile, higher means more advantage
Median age
39 years
7.0 years younger than VIC average
Resident median age
Unemployment
5.0%
matches VIC average
Census labour-force rate

Income, rent and SEIFA figures are from the ABS 2021 Census and are reported in 2021 dollars, not adjusted for subsequent inflation.

Where Princes Hill ranks: household income is in the top 25% of VIC suburbs; rents are among the top 10% in VIC; SEIFA decile 10 puts it in the top 20% of Australia for socio-economic advantage.

ABS Census 2021 · SEIFA 2021

Detailed comparison table

Princes Hill vs the VIC average and the national average, using population-weighted 2021 Census data.

MetricPrinces HillVIC avgAU avgGreater Melbourne
Household income/wk $2,218 +VIC $1,817 $1,836 $1,943
Rent/wk $462 +VIC $375 $390 $404
Mortgage/month $3,000 +VIC $1,933 $1,958 $2,100
Median age 39 46.0 45.0 39.0
SEIFA decile 10/10 +VIC 6.0/10 6.0/10 9.0/10
Unemployment 5.0% ≈VIC 5.0% 5.0% 5.0%

Green pill = at least 10% above the VIC average; red = at least 10% below; grey = within 10%. For unemployment, colour polarity is inverted: lower is better.

Postcode 3054 covers Princes Hill, an inland suburb of Melbourne about 3 km from the city centre. It forms part of the Melbourne - Inner region of Victoria. Local government services are provided by Yarra.

According to the 2021 Census, Princes Hill has a population of 2,005 with a median age of 39. The median weekly household income is $2,218, above the VIC average. The unemployment rate is 5.0%. The Indigenous population is 15 (0.7% of residents).

Housing in Princes Hill includes a median weekly rent of $462, median monthly mortgage repayment of $3,000, with 849 total dwellings. These housing costs sit above the VIC average. Rental properties account for 44.5% of dwellings.

On the SEIFA Index of Relative Socio-economic Advantage and Disadvantage, Princes Hill scores in decile 10 out of 10, which is well above the national average.

Princes Hill is served by Princes Hill Secondary College.

Princes Hill is part of the Yarra statistical area in Victoria.

Princes Hill details

Location, Census, housing, SEIFA and geography fields used across this profile.

Postcode3054
StateVictoria (VIC)
Phone Area Code03
Population (2021)2,005
Median Age39 years
Median Household Income (Census 2021)$2,218/week
Median Personal Income (Census 2021)$1,156/week
Median Weekly Rent (Census 2021)$462
Median Monthly Mortgage (Census 2021)$3,000
Average Household Size2.2 persons
Area0.4 km²
Population Density4627/km²
Total Dwellings849
Australian Citizens88.1%
Indigenous Population15 (0.7%)
Unemployment Rate5.0%
SEIFA IRSAD Decile10/10 (well above average)
Latitude-37.784
Longitude144.966
Distance from Melbourne3 km
Region (SA4)Melbourne - Inner
Area (SA3)Yarra
Local GovernmentYarra
Federal ElectorateMelbourne
State ElectorateBrunswick (Northern Metropolitan)
Time ZoneAEST (UTC+10), Australia/Melbourne (standard time)

Age Profile

0–14 (12.7%) 15–24 (13.4%) 25–44 (32.1%) 45–64 (22.0%) 65+ (20.0%)
Show counts
0–14 years255 (12.7%)
15–24 years268 (13.4%)
25–44 years644 (32.1%)
45–64 years441 (22.0%)
65+ years402 (20.0%)

Housing Tenure

Owned outright (37.5%) Mortgaged (18.1%) Rented (44.5%)

SEIFA socio-economic index

Princes Hill is in SEIFA IRSAD decile 10 of 10. Higher deciles indicate more relative socio-economic advantage. This is an area-level index, not a score for individual households.
More disadvantagedMiddle rangeMore advantaged

Health Conditions (2021 Census)

Asthma161 (8.0%)
Arthritis149 (7.4%)
Heart Disease74 (3.7%)
Cancer71 (3.5%)
Diabetes50 (2.5%)
Lung Condition24 (1.2%)
Dementia12 (0.6%)

Long-term health conditions self-reported in the 2021 Census. Persons may report more than one condition.

Motor Vehicles per Dwelling

No vehicle142 (16.7%)
1 vehicle396 (46.6%)
2 vehicles251 (29.5%)
3+ vehicles61 (7.2%)

Schools in Princes Hill

ACARA 2025 school profiles for schools located in Princes Hill. ICSEA is shown where ACARA publishes it.

Princes Hill Secondary College
Secondary · Gov · ICSEA 1152 · 862 students

Suburbs Near Princes Hill

Same Postcode (3054)

More Princes Hill Data

Page last reviewed . Data sources: Australian Bureau of Statistics 2021 Census (CC BY 4.0), SEIFA 2021 IRSAD, ACARA school profiles 2025. How this data is sourced.