312/220 Commercial RoadPrahran VIC 3181
Property Details for 312/220 Commercial Rd, Prahran
312/220 Commercial Rd, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 1880. The property has a land size of 4615m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (November 2019)
Located high above Commercial Road and Chapel Street within the heritage listed Pran Central building, this New York style loft apartment presents a unique lifestyle opportunity.For those seeking carefree living, this relaxing hideaway is just the spot to unwind with its generous interior featuring an open-plan lounge/dining area adjoining a sleek kitchen with S/S appliances (incl. dishwasher) and private entertainer’s balcony. Overlooking the living hub is the upstairs bedroom which includes a built-in robe and access to the bathroom complete with a discreet European laundry.Adding immense value is a study/guest bed area for flexibility, large windows and cathedral ceilings which enhance the sense of space, split system heating/air conditioning, secure entry, intercom and lift access.There’s the option to lease a parking space from building management for $240 + GST per month, although there is little need for a car with premium retail and food offerings located downstairs. Iconic Prahran Market and the brand new Prahran Square are across the road while an endless selection of bars, cafés, restaurants and shops are mere metres away. Trams and train services are also easily accessible by foot, ensuring a seamless commute to nearby attractions such the MCG, The Alfred Hospital, CBD and St Kilda.
Property History for 312/220 Commercial Rd, Prahran, VIC 3181
- 16 Nov 2019Sold for $522,500
- 23 Oct 2019Listed for Sale $480,000 - $525,000
- 16 Nov 2017Listed for Rent $490 / week
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About Prahran 3181
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 11,117 properties. Over the last 5 years, Houses in Prahran have seen a -17.66% decrease in median value, while Units have seen a -3.04% decrease. As at 31 July 2026:
- The median value for Houses in Prahran is $1,538,153 while the median value for Units is $548,723.
- Houses have a median rent of $923 while Units have a median rent of $595.
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