SOLD
Sold on 29 Jul 2024 for $440,000

18/321-323 Chapel Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 626m2
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Property Details for 18/321-323 Chapel St, Prahran

18/321-323 Chapel St, Prahran is a 2 bedroom, 1 bathroom Unit and was built in 1910. The property has a land size of 626m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
1910
Floor Size
95m2
Land Size
626m2
Local Government
Stonnington
Lot/Plan
18/PS418708

Last Listing description (August 2024)

Expressions of Interest

Experience Manhattan in Melbourne with this iconic warehouse conversion, stunningly situated in the historic Love & Lewis department store at the heart of Chapel Street's dynamic retail and dining district. Set over two levels and secure within a private, lift-connected complex on the edge of Prahran Central, Prahran Market and surrounded by the area's best restaurants, this is lifestyle living at its absolute finest. An Art-Deco meets industrial aesthetic graces the building, merging with sleek modern style throughout the apartment, where open-plan living/dining spaces invite quiet relaxation beside the stylish, well-appointed kitchen. Upstairs, two large bedrooms, including the main with built-in robes, are served by a chic bathroom with a spa/shower combination, whilst laundry provisions and abundant storage add further allure. This rare opportunity offers unbeatable convenience, with trendy cafes, eclectic shopping, city-bound trams, Princes Gardens, the pool, world-class healthcare including the Alfred Hospital and Burnet Institute and Prahran Station just steps away. Perfect for investors, market entrants seeking a unique address, or downsizers wanting exceptional connectivity and ease.

Property History for 18/321-323 Chapel St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$440,000
29 Jul 2024
Listed for Rent
$460/w
07 Jul 2022
  • 29 Jul 2024
    Sold for $440,000
  • 20 Jun 2024
    Listed for Sale Expressions of Interest
  • 07 Jul 2022
    Listed for Rent $460 / week
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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 10,558 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.
There are currently 31 properties listed for sale, and 15 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 484 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.