38 Commercial Road, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

38 Commercial Road
Prahran VIC 3181

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 243m2
Land area: 181m2
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Property Details for 38 Commercial Rd, Prahran

38 Commercial Rd, Prahran is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 181m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
2018
Floor Size
243m2
Land Size
181m2
Local Government
Stonnington
Lot/Plan
1/LP33224

Last Listing description (May 2020)

Ultra stylish, uber cool and utterly irresistible, this spectacular new contemporary family residence designed by architects Cera Stribley delivers the ultimate inner urban lifestyle walking distance to restaurants, bars and shops, Prahran station and market, Fawkner Park and schools. Three lift connected levels showcase bespoke design, lavish finishes, exceptional proportions, city views and sensational north-facing outdoor entertaining with pool.Royal Oak floors, Ceppo marble and black framed aluminum windows create a wonderful warmth throughout. The expansive living and dining room with a wood fire, suspended steel staircase and sublime gourmet kitchen appointed with marble benches, Miele appliances and integrated fridge/freezer is on the mid level opening out to a fabulous north-facing terrace featuring a plunge pool/spa, premium BBQ and picturesque city views. Also commanding city views, the lavish main bedroom with deluxe walk in robe and designer ensuite with steam room is on its own level above. There is a second queen bedroom with stylish ensuite and built in robe on the mid level, while on the ground level, two additional bedrooms with built in robes are accompanied by a third chic bathroom with steam room, a study nook and retreat/TV room overlooking a central light well. At the rear, a private landscaped courtyard and double garage provides parking for up to 3 cars.Comprehensively appointed to the highest level, it includes alarm, remote blinds, audio wiring, zoned heating and cooling, heated bathroom floors and towel rails, Miele equipped laundry, 3 TV screens, powder-room and remote gate.**An update from Marshall White on COVID-19: Private Inspections**In accordance with the most recent Federal Government guidelines scheduled Open for Inspections are no longer permitted, however we are continuing to lease properties and doing so by means of Private Appointments Only. Private Inspections are available strictly by appointment only. Please contact our leasing agent to make an appointment.These times are unprecedented, and we are mindful of the community’s health concerns and the stresses associated with all property dealings at this time.Marshall White remains open for business – we have adapted our processes to ensure that we can continue to safely meet your needs. Our commitment to our clients remains unchanged and we continue to deliver outstanding results in helping people achieve their property goals.We wish you and those close to you the best of health and please contact our office should you have any questions.Private Inspection GuidelinesTo ensure the safety of our clients, the community and our team at Marshall White, we respectfully remind all of our clients of the following arrangements.We will be asking attendees to:1. Contact the Agent managing the property to book a private inspection.2. Not enter the property if:• You have returned from overseas in the past two weeks• You are unwell or have a fever• You have come into contact with someone experiencing flu-like symptoms3. As per the health guidelines, please maintain a distance of 1.5 metres from others and avoid physical contact, including shaking hands.4. Apply hand sanitiser, which will be available for your use.5. Refrain from touching household items, such as door handles, cupboards and tapware.6. Registration will be required to enter.

Property History for 38 Commercial Rd, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$2,700,000
29 Feb 2020
Listed for Rent
$1.80k/w
16 Apr 2020
  • 23 Mar 2020
    Listed for Rent $1,800 / week
  • 29 Feb 2020
    Sold for $2,700,000
  • 24 Sep 2019
    Listed for Sale Contact Agent
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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 10,913 properties. Over the last 5 years, Houses in Prahran have seen a -8.01% decrease in median value, while Units have seen a 6.77% increase. As at 30 November 2025:

  • The median value for Houses in Prahran is $1,471,621 while the median value for Units is $548,087.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 34 properties listed for sale, and 17 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 626 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.