18/321-323 Chapel St, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 625m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Expressions of Interest
Experience Manhattan in Melbourne with this iconic warehouse conversion, stunningly situated in the historic Love & Lewis department store at the heart of Chapel Street's dynamic retail and dining district. Set over two levels and secure within a private, lift-connected complex on the edge of Prahran Central, Prahran Market and surrounded by the area's best restaurants, this is lifestyle living at its absolute finest. An Art-Deco meets industrial aesthetic graces the building, merging with sleek modern style throughout the apartment, where open-plan living/dining spaces invite quiet relaxation beside the stylish, well-appointed kitchen. Upstairs, two large bedrooms, including the main with built-in robes, are served by a chic bathroom with a spa/shower combination, whilst laundry provisions and abundant storage add further allure. This rare opportunity offers unbeatable convenience, with trendy cafes, eclectic shopping, city-bound trams, Princes Gardens, the pool, world-class healthcare including the Alfred Hospital and Burnet Institute and Prahran Station just steps away. Perfect for investors, market entrants seeking a unique address, or downsizers wanting exceptional connectivity and ease.
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 10,915 properties. Over the last 5 years, Houses in Prahran have seen a 1.02% increase in median value, while Units have seen a 0.08% increase. As at 31 December 2025:
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