1/328 Malvern Road, Prahran, VIC 3181 sold on 19 August 2025 | OnTheHouse
SOLD
Sold on 19 Aug 2025 for $711,000

1/328 Malvern Road
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Save

Property Details for 1/328 Malvern Rd, Prahran

1/328 Malvern Rd, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2009
Local Government
Stonnington
Lot/Plan
2/PS623748

Last Listing description (April 2025)

North Facing 120sqm Residence Sprawled Across Its Own Level

Expression of Interest Closing Monday 28th April at 5:00pm ( Unless Sold Prior)

Discover a sanctuary of style and sophistication with this luxurious expansive apartment in a boutique building of just two apartments, with each residence occupying an entire floor to themselves, a bespoke retreat for discerning downsizers, corporate professionals or astute investors. Embrace a life of exceptional convenience and elegance in a residence which is sprawled across its very own entire level occupying an entire floor, ensuring privacy and exclusivity in an exquisite Art Deco inspired building.

The expansive northern orientation layout encompasses two generously proportioned bedrooms, nestled at the rear of the residence for ultimate peace and tranquillity. Each is complemented by wall to wall built in robes offering ample storage. The separate home office has flexible use as a potential third bedroom for guests and caters to the needs of modern low maintenance living, while a spacious fully tiled central bathroom featuring a frameless shower with overhead rain faucet adds a touch of luxury. An additional powder room and separate laundry room enhance the home's functionality.

Culinary adventures await in the oversized kitchen, a masterpiece of design featuring a 3 metre informal meals bench exquisitely executed with stone, set against a backdrop of sleek glass splash backs. Modern appliances including a 5 burner gas cooktop and Bosch dishwasher make entertaining a pleasure, whilst a triple under bench filtered water tap adds a note of refinement.

Natural sunlight floods the expansive enviable north facing living and dining space, boasting double glazed windows and reverse cycle heating/cooling, promising all year round comfort, seamlessly flowing out to a private terrace perfect for hosting guests or relaxing. Positioned moments from the vibrant cafs and boutique stores of Chapel Street and with public transport at your doorstep, with the added convenience of a leased car space just a short stroll away.

Features include secure intercom/screen monitor access to building, reverse cycle heating/cooling, split systems in each bedroom, triple under bench water filter in kitchen, dual glazed windows throughout, huge storage room off central hallway & brand new solid Tasmanian Oak flooring throughout underscore the attention to detail that defines this exceptional property which is not just a home, but more a lifestyle choice par excellence.


*car space is not on title but on a 12 month lease through spacer.com which has been paid in advance which will be transferred into the new owner/s name/s upon settlement of the property.

Property History for 1/328 Malvern Rd, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$711,000
19 Aug 2025
  • 13 Mar 2025
    Listed for Sale $750,000-$820,000
  • 08 Nov 2023
    Listed for Rent $685 pw
  • 30 Sep 2022
    Sold for $810,000
Sign in to see more transactions
Commute Calculator

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 10,914 properties. Over the last 5 years, Houses in Prahran have seen a -8.01% decrease in median value, while Units have seen a 6.77% increase. As at 30 November 2025:

  • The median value for Houses in Prahran is $1,471,621 while the median value for Units is $548,087.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 36 properties listed for sale, and 15 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 620 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

Market Insights
Prahran Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Prahran Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.