3/123 Chomley Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
 
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3/123 Chomley Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 935m2
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Last updated 27 Apr 2026
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Property Details for 3/123 Chomley St, Prahran

3/123 Chomley St, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 935m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last transferred in November 2025.

Building Type
Unit
Year Built
1970
Floor Size
77m2
Land Size
935m2
Local Government
Stonnington
Lot/Plan
14/RP19479

Last Listing description (May 2026)

First floor and front facing in tightly held Chomley Street, this two bedroom apartment with balcony and undercover parking presents a genuine opportunity to transform in one of Prahrans most sought after pockets.

Offered as is, the proportions and layout provide a strong starting point. A north facing main bedroom with built-in robes is generous in size, while the living domain opens to an east facing balcony, bringing in morning light. The separate kitchen and meals area offers the space to create something entirely new, supported by a freestanding stove and excellent footprint.

A second bedroom with built in robes, central bathroom with bath and shower, separate toilet and a clear, functional floorplan reinforce the potential to renovate and add value.

Strata titled and positioned within footsteps of Prahran East Village and its boutique stores and High Street trams and convenient to Victoria Gardens, Prahran Market, Hawksburn Village and the Chapel Street precinct, this is a straightforward opportunity to secure, rework and capitalise on a blue chip address.

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Property History for 3/123 Chomley St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Transferred
13 Nov 2025
  • 04 May 2026
    Listed for Sale $475,000 - $510,000
  • 13 Nov 2025
    Transferred
  • 29 Sep 1993
    Sold for $127,750
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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 10,915 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.
There are currently 30 properties listed for sale, and 16 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 621 properties were sold in the past 12 months in Prahran.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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