2/242-248 Punt Road, Prahran, VIC 3181 | Townhouse for rent | OnTheHouse
FOR RENT
$1,100 per week

2/242-248 Punt Road
Prahran VIC 3181

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Available From
Friday 30 October 2026| Bond $6,600
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Tri-level haven delivering ultimate family comfort.

Perfectly proportioned and positioned.
Ground floor:
• Open-plan living and dining domain (reverse cycle air-con)
• Kitchen centred around an island bench (dishwasher, electric cooktop) with double doors opening to a central courtyard – perfect for indoor/outdoor entertaining
• Convenient separate powder room
• Secure lockup garage access via rear lane plus 2 x tandem open air car spaces off Punt Rd
First floor:
• Two generously proportioned bedrooms each boasting built in robes, heating, and each with their own ensuites + ceiling fans
• Convenient European laundry
• Study alcove – ideal work from home environment
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Property Details for 2/242-248 Punt Rd, Prahran

2/242-248 Punt Rd, Prahran is a 3 bedroom, 3 bathroom Townhouse with 3 parking spaces. The place is currently for rent with Shape Property Pty Ltd.

Building Type
Townhouse
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About Prahran 3181

The size of Prahran is approximately 1.9 square kilometres. There are 8 parks, covering nearly 6.3% of the total area. The population of Prahran in 2016 was 12982 people. By 2021 the population was 12203 showing a population decline of 6.0% in the area during that time. The predominant age group in Prahran is 30-39 years. Households in Prahran are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Prahran work in a professional occupation.In 2021, 43.60% of the homes in Prahran were owner-occupied compared with 39.30% in 2016.

Prahran has 11,104 properties. Over the last 5 years, Houses in Prahran have seen a -15.25% decrease in median value, while Units have seen a -4.42% decrease. As at 30 September 2026:

  • The median value for Houses in Prahran is $1,567,023 while the median value for Units is $543,303.
  • Houses have a median rent of $900 while Units have a median rent of $595.
There are currently 17 properties listed for sale, and 37 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 504 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Emily Kent
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Shape Property Pty Ltd
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.