256 Chapel Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
 
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256 Chapel Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 1112m2
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Last updated 19 Jan 2026
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Property Details for 256 Chapel St, Prahran

256 Chapel St, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 1112m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
Unit
Year Built
2012
Floor Size
90m2
Land Size
1112m2
Local Government
Stonnington
Lot/Plan
3AR/PS634211

Last Listing description (July 2021)

Named as Rue de Chapel, this stylish building ensures broad access to the many and varied cosmopolitan amenities that Prahran and the neighbouring South Yarra have to offer. With the benefit of its own secure, covered and dedicated car parking (normal--not a stacker), you can also easily opt to walk to all of the assorted amenities around you:

* trams are about 1 minute's walk (about 79m)
* about 5 minutes' walk to Prahran train station (approx. 400m)

* about 2 minutes' walk to Coles Prahran supermarket (approx. 200m)
* about 4 minutes' walk to Woolworths Prahran supermarket (approx. 350m)
* about 6 minutes' walk to Prahran Market (approx. 500m)
* about 10 minutes' walk to Jam Factory entertainment complex (approx. 800m)
* approx. 1.8km from Fawkner Park
* approx. 2.7km from Albert Park lake & golf course
* approx. 1.3km from Alfred Hospital

The apartment boasts of an open-plan living and dining area that seamlessly connects to the large glass doors into the covered balcony overlooking Chapel Street. It is fully carpeted and equipped with a split air conditioning system.

The kitchen has an abundance of storage with 2 double-door pantries, multiple drawers and cupboards above the gas stove, rangehood, electric oven, sink and dishwasher. The concealed European laundry is fitted with a dryer.

The 2 bedrooms both have built-in wardrobes. Enjoy the additional built-in desk in the 2nd bedroom, perfect for home office/study. It is basked with bountiful natural light or adjust with the full-length glass window's roller blinds.

The bathroom incorporates both European style and modern design with its shower, vanity, storage behind the mirror, toilet and sink.

This building provides security with its fob access, intercom and cameras. The garbage chute is found on the same floor near the lift. The apartment's dedicated car space (normal parking -- not a stacker) is securely found in basement 1 along with its storage cage.

This beautiful apartment with its unbeatable location offers a broad range of recreational activities that include fashion, retail, nightlife, restaurants, fresh food markets, and the Prahran public pool. This is a home built for the ultimate urban lifestyle.

Important note: Entrance is via King Street near the corner of Chapel Street.

**PLEASE NOTE IMPORTANT**
Please REGISTER for inspections. If you don't register then you will not be notified of any changes to advertised inspection times. ADVERTISED INSPECTION TIMES displayed on this page are subject to cancellation or change up until 12pm on the day of the viewing.

IMPORTANT: PLEASE READ BEFORE INSPECTING THIS PROPERTY
Whilst we are currently in the midst of a Coronavirus outbreak we are mindful of minimising any potential risk to our staff and clients. We also respectfully request that if you are feeling unwell with Flu like symptoms that you also don't attend our open for inspections. You can find information on the Coronavirus outbreak on the following Victorian Government Website: https://www.dhhs.vic.gov.au/coronavirus

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Property History for 256 Chapel St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$3,050,000
21 Jan 2016
Listed for Rent
$450/w
07 Jul 2021
  • 22 Jun 2021
    Listed for Rent $450 / week
  • 21 Jan 2016
    Sold for $3,050,000
  • 08 Aug 2015
    Listed for Sale $650,000 PLUS BUYERS
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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 10,916 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:

  • The median value for Houses in Prahran is $1,618,142 while the median value for Units is $539,491.
  • Houses have a median rent of $770 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 20 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 626 properties were sold in the past 12 months in Prahran.

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© 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.

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