520 High StreetPrahran VIC 3181
Property Details for 520 High St, Prahran
520 High St, Prahran is a 4 bedroom, 1 bathroom House. The property has a land size of 446m2.
Last Listing description (November 2024)
On the corner of Chomley Street in the heart of Prahran East Village, this prominent double-fronted residence is being offered for the first time in 60 years, presenting an extraordinary opportunity to shape its future. Nestled in one of Malverns most sought-after locations, the property offers unparalleled versatilitycontinue its legacy as a grand family home, reimagine it as medical consulting suites (STCA), or explore a unique combination of both.
The expansive four bedroom layout showcases timeless period features, including soaring ceilings, intricate detailing, and an impressive entrance hall. Generous living, formal and casual dining areas, spacious kitchen and split system heating and cooling cater effortlessly to family life or professional needs. Beyond the home, a sprawling 445sqm (approx.) block includes a double carport, additional car access via the rear laneway, shed and a self-contained granny flat for added flexibility.
Beautifully maintained yet ready for renovation, this residence invites transformation into a stunning modern haven. Its proximity to The Avenue and Cabrini Hospitals and other nearby health services makes it ideal for professional purposes, while nearby parks, trams, schools, High Streets cafs and shops, Malvern Central, and Toorak Station ensure ultimate convenience. This is a rare chance to secure a blue ribbon property in a blue chip location.
Property History for 520 High St, Prahran, VIC 3181
- 21 Nov 2024Listed for Sale $1,820,000 - $2,000,000
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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.
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