3/121-127 High Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

3/121-127 High Street
Prahran VIC 3181

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Last updated 19 Jan 2026
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Property Details for 3/121-127 High St, Prahran

3/121-127 High St, Prahran is a 4 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Stonnington

Last Listing description (September 2014)

Design and Lifestyle with Flair
In a location unsurpassed as one of Melbourne's most vibrant and dynamic shopping and dining precincts, an apartment oozing class in design and showpiece flair awaits you. Walk to the beat of the very pulse of Prahran - and be the envy of your friends as you're spoilt for choice with a stellar class of restaurants and cafes right at your doorstep. Let the abundance of energy and the vibe of this neighbourhood become your life, and the perfection of a masterpiece that is this top end apartment become the place you call home.
North-facing and inspired by prominent local artist Thierry B, this apartment is a rare occurrence of fine art, design and lifestyle brilliantly coming together. Add to that the cutting edge team that is Maxine and Karstan to pull it all together, and you have a gem.

A black, white and grey colour palette sets a slick decor foundation, while the personality afforded to each room via commissioned original art pieces is simply standout.
Original high ceilings and large windows capitalise remarkably on natural light throughout the 4 bedrooms and 2 bathrooms, while clever design highlights art-inspired structure and glorious skyline views. Large kitchen and living areas, a simply stunning outdoor terrace and dual access to the apartment via front and rear of building are additional features of a long list for this apartment.
Seldom is design, quality and art realised so perfectly in a property - this is not one you want to miss.
Inspections are strictly by appointment.

Property History for 3/121-127 High St, Prahran, VIC 3181

A timeline of how this property has performed in the market
  • 06 Sep 2014
    Listed for Sale Not Disclosed
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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 10,914 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 34 properties listed for sale, and 18 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 622 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.