1/5 Leila Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

1/5 Leila Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Last updated 22 Dec 2025
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Property Details for 1/5 Leila St, Prahran

1/5 Leila St, Prahran is a 2 bedroom, 1 bathroom House with 2 parking spaces.

Building Type
House
Local Government
Stonnington

Last Listing description (September 2024)

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.

Property History for 1/5 Leila St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Listed for Rent
$450/w
20 Oct 2022
  • 15 Nov 2023
    Listed for Rent $450 / week
  • 28 Jul 2022
    Listed for Rent $450 / week
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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 10,913 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 33 properties listed for sale, and 17 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 625 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.