4 Clarke St, Prahran is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 295m2.
This unique offering of two houses, on a corner site and on one title could be the perfect solution for someone wanting to be close to family, have a balanced investment with both yield and growth, or an exciting renovation prospect. With one property currently tenanted on a periodic lease and the other vacant you have the flexibility to renovate one while either living or renting out the other. There is also potential to knock down both houses and build a completely new home or even knocking down just one and doing an extension (STCA) to maximise the 295m2 (approx.) of land.
With its enviable position being so close to Chapel Street, Hawksburn Village, and the Victoria Gardens, you are in walking distance to all the fantastic amenities Prahran offers. The shops combined with the public transport available by way of tram along Malvern Road, High Street and Hawksburn train station makes commuting easy.
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 10,923 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:
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