16 Lalbert Cres, Prahran is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1939. The property has a land size of 535m2 and floor size of 267m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Expressions of Interest closing Tuesday 1st June at 5pm.
Expansive elegance with superbly unique features, this residence rich in history and appeal is located in an outstanding Prahran position with unparalleled potential to move in as is, renovate or build your dream home (STCA). Benefitting from an inspired architectural renovation, this generously zoned home displays a thoughtful and practical layout, saturated in natural light, creating the perfect setting for living and entertaining. A striking formal living area with open gas fireplace flows into formal dining with an underground cellar mindfully enhancing the space. The sizeable bright kitchen features a stone island benchtop and stainless steel appliances, while timber floors and high ceilings complement the flow of the home. Inviting calm, the master suite promises northern sunlight and opens up onto a stunning alfresco sanctuary. Two additional bedrooms residing on the ground floor, a home office/retreat, multiple outdoor zones and double lock up garage complete the home. Located close to multiple public transport options, esteemed schools and a multitude of exclusive shopping precincts.
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:
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