1B St Edmonds RoadPrahran VIC 3181
Property Details for 1b St Edmonds Rd, Prahran
Last Listing description (August 2013)
$50,000+ pa ??? locked in for 5 years in Heart Of Prahran
The position is the prize, the property ensures the most is made of a great Prahran address. This generous, well designed contemporary property has recently been fully refurbished so that its flexible spaces best meet the needs of its quality tenant. Securely leased for the next five years, currently returning in excess of $50,000 per annum, and with annual rises of 4% locked in the investment performance of this impressive property is complemented by its immediate proximity to every Prahran attraction including Chapel Street, Greville Street, tram and train routes and Prahran market. Substantial upstairs and downstairs floor-space, currently configured as a yoga studio and academy, is accompanied by a generous office, upstairs reception area, modern bathroom, two toilet and ample storage. Option to introduce secure garaging, STCA, adds an extra dimension to a building offering consistent, reliable returns in a location certain to be constantly in demand.
OPEN FOR INSPECTION
Sat 10 Aug 13 12:00PM - 12:30PM
Thu 15 Aug 13 4:00PM - 4:30PM
Sat 17 Aug 13 12:00PM - 12:30PM
Thu 22 Aug 13 4:00PM - 4:30PM
Sat 24 Aug 13 12:00PM - 12:30PM
Property History for 1b St Edmonds Rd, Prahran, VIC 3181
- 12 Jan 2019Transferred
- 24 Aug 2013Sold for $960,000
- 31 Jul 2013Listed for Sale POA
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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 10,924 properties. Over the last 5 years, Houses in Prahran have seen a -9.89% decrease in median value, while Units have seen a 1.31% increase. As at 31 March 2026:
- The median value for Houses in Prahran is $1,584,132 while the median value for Units is $549,998.
- Houses have a median rent of $920 while Units have a median rent of $575.
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