1/5 Leila St, Prahran is a 2 bedroom, 1 bathroom House with 2 parking spaces.
Located in a quiet street within one of Melbourne's best blue-chip pockets of Prahran, this Art Deco Gem situated presents a myriad of opportunities. A stone's throw from Hawksburn Village shops and cafes, Prahran Markets, Chapel Street and Victoria Gardens, this is a property delivering the dream inner city opportunity.
The current separate upstairs/downstairs Art Deco apartments feature a 2 bed apartment with a great sized living room , with ceiling roses and gas heaters, central bathrooms with shower over bath, handy sized kitchen along with great storage space and external laundry facility for both apartments (no machine Inc). with communal access to the shared backyard.
On the fringe of Toorak and South Yarra, with fabulous location offers beautiful parklands, cafes, restaurants and bars along with every type of transport at your front door including Williams Road buses, the trams of either Malvern Road or High Street and trains from Hawksburn station that will have you in the CBD in 9 minutes.
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 10,916 properties. Over the last 5 years, Houses in Prahran have seen a -3.13% decrease in median value, while Units have seen a 2.52% increase. As at 28 February 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.