28/674 Malvern Rd, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 2895m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2011.
'TOORAK RISEnProximity to Hawksburn Village, Toorak Station and Orrong Park complements this light filled, freshly presented apartment. Set at the rear, one of only four sharing a boutique section of prominent, convenient 'Toorak Rise'. Security entrance to great ground level spaces reveals large living/dining areas and a separate kitchen which is impressively appointed and includes clever under-bench laundry facilities. Built-in robes accompany each of the two double bedrooms while a central bathroom has been stylishly updated and features sparkling fittings and heated towel rail. Perfectly polished floors and faultless paintwork throughout. Allocated off street parking adds to the promise of live in or lease out success.
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 10,919 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:
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