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 sold in May 2026. There are other 2 bedroom Unit sold in Prahran in the last 12 months.
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.
The size of Prahran is approximately 1.9 square kilometres. There are 8 parks, covering nearly 6.3% of the 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 11,122 properties. Over the last 5 years, Houses in Prahran have seen a -14.33% decrease in median value, while Units have seen a -2.26% decrease. As at 30 June 2026:
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