56 Commercial RoadPrahran VIC 3181
Property Details for 56 Commercial Rd, Prahran
Last Listing description (March 2023)
Property highlights:
- Land Area: 230m2 (approx..)
- Building Area : 412 m2 (approx.)
- Front & Rear Access
- Flexible fit out
- Enticing offers for both renting both floors. Option of renting just 1 level.
Warehouse style 2 level ( upstairs comes with a separate room that can be used as office )
Situated in the heart of Prahran close proximity to Fawkner park and Prahran Market and great exposure with front facing high traffic road.
For full details and inspection, contact Vanessa on 0433 237 949 or email vanessa@auswellproperty.com.au
Property History for 56 Commercial Rd, Prahran, VIC 3181
- 15 Nov 2023Sold for $2,590,500
- 27 Jul 2022Listed for Rent - Price not available
- 31 Oct 2020Sold for $2,450,000
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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 10,558 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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