406/3-5 Carlton Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
 
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406/3-5 Carlton Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
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Last updated 18 May 2026
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Property Details for 406/3-5 Carlton St, Prahran

406/3-5 Carlton St, Prahran is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 67m2.

Building Type
Unit
Year Built
2019
Floor Size
67m2
Local Government
Stonnington

Last Listing description (May 2024)

This sensational two level loft style apartment nestled in the vibrant Chapel Street precinct is an urban oasis that exudes luxury and sophistication. With its New York Industrial styling, this apartment invites you to experience contemporary living at its finest.

Showcasing high ceilings and an expansive living area, this apartment provides ample space for you to live and unwind. With the addition of a generous terrace offering breathtaking city views, you can savour the incredible sights right from the comfort of your own home.

Indulge your inner chef in the open plan kitchen, featuring stone benchtops, sleek Smeg stainless steel appliances, gas cooktop, electric oven, and a full sized dishwasher. The spacious west facing lounge room is showered in natural light and showcases polished concrete flooring and floor to ceiling sliding doors to a fabulous terrace that invites you to relax and take in the scenic surroundings.

Two double bedrooms with built in robes reside on the upper level with an ensuite to the main bedroom. Further appointments include a stylish main bathroom, European laundry, split system heating and air conditioning on both levels, double glazed windows, secure basement parking and storage cage.

Commuting is a breeze, as trams on Chapel Street and Commercial Road, as well as Prahran train Station, are within walking distance. Explore the nearby Princess Gardens, Prahran Aquatic Centre, and the best of Chapel Street's shops and retail outlets, including Pran Central and Prahran Market. Immerse yourself in the vibrant culture and enjoy the convenience of having renowned eateries, cafes, trendy boutiques, and designer fashion stores just moments away. Live life to the fullest in this impressive and sought-after locale.

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Property History for 406/3-5 Carlton St, Prahran, VIC 3181

A timeline of how this property has performed in the market
  • 21 Feb 2024
    Listed for Sale $720,000
  • 16 Jan 2020
    Listed for Sale $720,000
  • 09 Feb 2016
    Listed for Sale Not Disclosed
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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 11,118 properties. Over the last 5 years, Houses in Prahran have seen a -12.51% decrease in median value, while Units have seen a -0.42% decrease. As at 30 April 2026:

  • The median value for Houses in Prahran is $1,578,225 while the median value for Units is $543,956.
  • Houses have a median rent of $900 while Units have a median rent of $580.
There are currently 28 properties listed for sale, and 19 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 628 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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