102/27 Macquarie St, Prahran is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Apartment sold in Prahran in the last 12 months.
Secure a high-performing asset in one of Melbourne's most tightly held inner-south precincts, delivering a strong 7.5% return within the architecturally striking Tatu building. Positioned in the heart of Prahran, this one-bedroom apartment offers investors immediate income potential combined with enduring rental demand driven by lifestyle, connectivity and amenity.
For owner-occupiers, this is also an opportunity to secure a stylish, low-maintenance home in a blue-chip lifestyle location-perfect for professionals, first-home buyers or those seeking a vibrant inner-city base. Enjoy the convenience of lock-and-leave living with every amenity at your doorstep, all within a boutique, design-focused building.
Located just moments from Greville Street and Chapel Street, the property benefits from constant tenant appeal thanks to its proximity to cafés, dining, retail, nightlife and public transport. Trains and trams are within easy reach, providing seamless CBD access-an essential drawcard for professional renters.
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 -12.51% decrease in median value, while Units have seen a -0.42% decrease. As at 30 April 2026:
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