62/321-323 Chapel Street, Prahran, VIC 3181 | Apartment for sale | OnTheHouse
FOR SALE
$850,000 - $930,000

62/321-323 Chapel Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 139m2
Land area: 139m2
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Urban Oasis Above Prahran's Iconic Strip!

• Sunlit lounge & dining area framed by large windows
• Stylish kitchen with island breakfast bar
• Dual-level bedroom configuration
• Quality stainless-steel appliances throughout
• Dedicated home office space
• Excellent storage and built-in cupboards
• Private balcony for outdoor relaxation
• Split system heating and cooling
At the heart of this dual-level apartment is a beautifully appointed kitchen, complete with a central island bench and sleek stainless-steel appliances, creating an inviting space for cooking, dining, and entertaining. The open-plan layout flows effortlessly into the bright lounge, enhanced by expansive windows that fill the home with natural light and create a warm, welcoming ambiance.
Down the hall sits the first bedroom, privately positioned and ideal for guests or a peaceful retreat. The dual-level bedroom configuration enhances comfort, giving each occupant their own sense of space and independence. Ascend the stairs to the upper level, where a thoughtfully designed bathroom awaits, featuring a separate shower, a full-size bathtub, and excellent storage options. A dedicated study nook provides the perfect workspace, while the second bedroom offers comfort and privacy, opening directly onto the balcony - the ideal spot to unwind or enjoy the fresh air.
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Property Details for 62/321-323 Chapel St, Prahran

62/321-323 Chapel St, Prahran is a 2 bedroom, 1 bathroom Apartment. The property has a land size of 139m2 and floor size of 139m2. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment
Floor Size
139m2
Land Size
139m2
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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 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 10,915 properties. Over the last 5 years, Houses in Prahran have seen a -0.75% decrease in median value, while Units have seen a 7.37% increase. As at 31 October 2025:

  • The median value for Houses in Prahran is $1,550,929 while the median value for Units is $554,307.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 36 properties listed for sale, and 18 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 611 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Michael Pastrikos
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Samantha Thomas
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Ray White Southbank | Port Phillip
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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.