1/299 Dandenong Road, Prahran, VIC 3181 | Apartment for sale | OnTheHouse
 
FOR SALE
$570,000 - $599,000

1/299 Dandenong Road
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
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Spacious, Light-Filled Prahran Living with Outstanding Investment Appeal

Offering an impressive sense of space, abundant natural light and superb inner-city convenience, this generously proportioned two-bedroom apartment presents an excellent opportunity for owner-occupiers and investors alike.
Positioned on the ground floor of a solid established development, the residence offers approximately 73sqm of internal living space, providing noticeably larger proportions than many contemporary apartments. Its practical layout is enhanced by a fully separate kitchen with its own door, giving the cooking area genuine separation from the main living zone-an increasingly rare feature in modern apartment living.
The spacious living and dining area enjoys excellent natural light and provides plenty of room for comfortable everyday living, while both bedrooms are well proportioned and suited to either owner occupation, shared accommodation or a home-office configuration.
The separate kitchen offers excellent functionality, storage and workspace, while the central bathroom, laundry facilities and allocated off-street car space complete a highly practical floorplan.
For investors, the property also offers strong rental appeal, with a current market rental expectation of approximately $660 per week, supported by Prahran’s consistently strong tenant demand. PropTrack currently estimates rental income for this address at approximately $665 per week.
The location is another major advantage. Previous sales within 299 Dandenong Road consistently highlight the building’s proximity to Chapel Street, High Street, Hawksburn Village, Windsor Station, tram services, restaurants, shopping and other Prahran lifestyle amenities.
Key Features
* Generous approximately 73sqm internal area
* Two spacious bedrooms
* Bright and exceptionally well-proportioned living area
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Property Details for 1/299 Dandenong Rd, Prahran

1/299 Dandenong Rd, Prahran is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 73m2. The place is currently for sale with AUSPACIFIC BOX HILL PTY LTD.

Building Type
Apartment
Floor Size
73m2
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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 11,108 properties. Over the last 5 years, Houses in Prahran have seen a -19.55% decrease in median value, while Units have seen a -1.23% decrease. As at 31 August 2026:

  • The median value for Houses in Prahran is $1,492,644 while the median value for Units is $552,957.
  • Houses have a median rent of $900 while Units have a median rent of $595.
There are currently 15 properties listed for sale, and 30 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 532 properties were sold in the past 12 months in Prahran.

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Yvonne Zhao
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Max Pang
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AUSPACIFIC BOX HILL PTY LTD
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