OFF MARKET

19 Lalbert Crescent
Prahran VIC 3181

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 511m2
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Property Details for 19 Lalbert Cres, Prahran

19 Lalbert Cres, Prahran is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 511m2.

Building Type
House
Year Built
1900
Land Size
511m2
Local Government
Stonnington

Last Listing description (October 2023)

A once-in-a-lifetime opportunity for a high-end, luxury-lead redevelopment, this charming pair of Art Deco duplexes comes with approved plans by the renowned RITZ&GHOUGASSIAN architects for a landmark four bedroom residence with landscape design to be completed by Acre. All the hard work has been done and the development is ready to proceed in this most rewarding of Prahran streetscapes; alternately yours is the opportunity to retain these fruitful Art Deco apartments for living or leasing while you chose to finalise your own plans for this coveted 511 square metre (approx.) site (STCA).
Revealing a remarkable attention to detail, the current architects'-own plans provide for a bold architectural expression of volume, light and shade in which pigmented concrete slabs will support an eye-catching three level design, with four generously scaled bedrooms and memorable open-plan living, all underpinned by the very finest of fittings and appointments. Set under a striking gabled roof comprising steel, terracotta and timber, the home will create a complementary new architectural expression in a beautiful neighbourhood, as it also reveals signature outdoor lounge and dining areas, all stunningly set in crushed rock and oxidized paving.
The vision is extraordinary and further enhanced by a three-car garage in the basement.

Perfectly positioned to enjoy the very best of both High Street Armadale and the Chapel Street precinct, this is a first-class location to reward your vision near some of Melbourne's most popular cafes, iconic strip shopping, fine dining, bars and nightlife, whilst Toorak Park and Orrong Park are both comfortably walkable and city-bound trams can be found along High Street.

Property History for 19 Lalbert Cres, Prahran, VIC 3181

A timeline of how this property has performed in the market
  • 11 Oct 2023
    Listed for Sale Expressions of Interest close Mon 30th Oct 1:30pm

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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.
There are currently 28 properties listed for sale, and 19 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 505 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.