16 Vail StreetPrahran VIC 3181
Property Details for 16 Vail St, Prahran
16 Vail St, Prahran is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 177m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Prahran in the last 12 months.
Last Listing description (September 2024)
Radiating nostalgic appeal, this single-fronted Federation home presents an enticing opportunity to occupy, invest or renovate in a quality part of town. Offering interiors that are immediately comfortable but with scope to add value and contemporary panache, it boasts a peaceful location within easy reach of amenities.
- The heartwarming north-facing facade features a decorative fretwork verandah typical of its era.
- High ceilings are on display through the spacious interiors which offer two generous double bedrooms both with fitted wardrobes - one with a very practical fold-out (Murphy) bed.
- A large bathroom with convenient separate WC and generous full laundry are added highlights - together providing plenty of space to remodel or renovate.
- Out to the rear, a deck steps down to the peaceful brick courtyard where there is ample room to entertain outdoors.
- Outstanding opportunity to update and modernise while retaining the period character, there could also be the option to extend the accommodation out or up - subject to council approval.
In a quiet street full of charm, the home is an easy walk to the trams on Dandenong Road or High Street and is within moments of a choice of dining options and shopping strips, making it standout for those hunting an appealing home in an enviable lifestyle locale.
Property History for 16 Vail St, Prahran, VIC 3181
- 07 Sep 2024Sold for $1,313,000
- 14 Aug 2024Listed for Sale Not Disclosed
- 09 Apr 1983Sold for $63,500
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0About 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 10,558 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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