1 Larnook StreetPrahran VIC 3181
Property Details for 1 Larnook St, Prahran
1 Larnook St, Prahran is a 12 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 363m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 1983.
Last Listing description (November 2018)
Occupying a superb 673sqm (approx.) north-facing allotment in a desirable tree-lined pocket, offering a brilliant development opportunity with approved plans and permits to build 9 luxury apartments. This charming block of 4 generous Art-Deco apartments' offered on one title, represents a myriad of rewarding investment opportunities. An ideal long-term investment as it is, the character rich apartments also offer scope to easily refurbish. All featuring original timber floors and details and in comfortable order, the two rear apartments each comprise two spacious bedrooms, living rooms, spacious kitchens and bathrooms. The two front apartments each include a study or 3rd bedroom. There is a 4 car garage and additional car-parking spaces to the rear.A once in a lifetime opportunity in a location that is walking distance to Orrong Park, schools and High St shops, cafes and trams.
Property History for 1 Larnook St, Prahran, VIC 3181
- 04 Oct 2018Listed for Sale Contact Agent
- 30 Dec 1983Sold for $29,500
- 13 Feb 1975Sold for $42,000
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About Prahran 3181
The size of Prahran is approximately 1.9 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Prahran in 2011 was 11,191 people. By 2016 the population was 12,985 showing a population growth of 16.0% in the area during that time. The predominant age group in Prahran is 20-29 years. Households in Prahran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prahran work in a professional occupation. In 2011, 42.7% of the homes in Prahran were owner-occupied compared with 39.3% in 2016.
Prahran has 10,555 properties. Over the last 5 years, Houses in Prahran have seen a 10.60% increase in median value, while Units have seen a 5.10% increase. As at 31 October 2024:
- The median value for Houses in Prahran is $1,718,651 while the median value for Units is $555,773.
- Houses have a median rent of $760 while Units have a median rent of $525.
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