254 Chapel Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

254 Chapel Street
Prahran VIC 3181

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 257m2
Land area: 1071m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 254 Chapel St, Prahran

Building Type
Commercial
Year Built
2005
Floor Size
257m2
Land Size
1071m2
Local Government
Stonnington
Lot/Plan
A/PS509836

Last Listing description (February 2026)

Brilliant Corner Location on Popular Chapel StreetBuilding approximately 203sqmLarge Dining areaCommercial KitchenAmple Storage RoomSplit System ac unitCommunal ToiletsThree phase powerGrease TrapSecure carspace

Property History for 254 Chapel St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$2,100,000
01 Apr 2023
Listed for Rent
$2.30k/w
24 Mar 2026
  • 23 Feb 2026
    Listed for Rent - Price not available
  • 01 Apr 2023
    Sold for $2,100,000
  • 01 Mar 2023
    Listed for Sale Price on Request
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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 11,114 properties. Over the last 5 years, Houses in Prahran have seen a -8.85% decrease in median value, while Units have seen a -2.97% decrease. As at 31 May 2026:

  • The median value for Houses in Prahran is $1,625,656 while the median value for Units is $537,811.
  • Houses have a median rent of $920 while Units have a median rent of $580.
There are currently 25 properties listed for sale, and 16 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 597 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Cotality Copyright and Legal Disclaimers about Property Data
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.