POINT OF INTEREST:
Yes, that Grattan Street the one in between Commercial Road, Chapel Street, and Punt Road. Making this Prahrans premier office suite with both buying and leasing on the table. The fully self-contained workplace has a balcony, secure entrance, and ample natural light, but the most prized feature within a postcode like this is the off-street parking included within the package. Moreover, theres a kitchenette, bathroom, and reverse cycle air conditioning, but well bet youre likely to be out for lunch. Because across the road sits Hu Tong Dumplings, some of the best in Melbourne, as well as Atlas Dining, a myriad of bars, and the Prahran Market just a short walk away. Not to mention Chapel Streets retail and supermarket amenities, the 72-tram, and Prahran railway station are all on your block and Punt Roads nearby for when youre behind four wheels.
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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