1 Craven Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
 
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1 Craven Street
Prahran VIC 3181

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 186m2
Land area: 399m2
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Property Details for 1 Craven St, Prahran

1 Craven St, Prahran is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1890. The property has a land size of 399m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1890
Floor Size
186m2
Land Size
399m2
Local Government
Stonnington
Lot/Plan
1/TP551506

Last Listing description (May 2021)

An address with a remarkable back story, a residence of significant style, CRAVEN HOUSE enjoys an exceptional corner setting close to Lumley Park, East Prahran village, Victorian Gardens and High Street tram routes. The appeal of period proportions and the luxury of modern renovation define three memorable bedrooms served by two bathrooms, including the main bedroom's ensuite, while a separate study with a fitted desk creates an ideal context for working from home. To the rear, intelligently designed to capture natural light from the north, living and dining areas that surround a covered outdoor entertaining domain are complemented by an impressively appointed open-plan kitchen. A refrigerated wine cellar, open fire-places, hydronic heating and ceiling fans in the living areas further enhance interior spaces that are accompanied by elegant outdoor environs, a built-in mains gas barbeque and the significant added asset of convenient carport access from second frontage to Bowen Street. Fabulous - no filter!

Property History for 1 Craven St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$2,920,000
25 May 2021
  • 25 May 2021
    Sold for $2,920,000
  • 27 Apr 2021
    Listed for Sale Private Auction Tuesday 25th May
  • 14 Jul 2001
    Sold for $227,500
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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 10,917 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:

  • The median value for Houses in Prahran is $1,587,888 while the median value for Units is $547,756.
  • Houses have a median rent of $780 while Units have a median rent of $560.
There are currently 30 properties listed for sale, and 21 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 635 properties were sold in the past 12 months in Prahran.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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