47 Banole Ave, Prahran is a 3 bedroom, 2 bathroom House and was built in 1905. The property has a land size of 191m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last transferred in October 2020.
Offering a harmonious fusion of period charm and contemporary living, this semi-detached Edwardian in a coveted cul-de-sac near Lumley Gardens and Hawksburn Village is a timeless classic that pays homage to its past while being tailored to modern life. A skilful architectural extension combined with the owners' instinctual design flair make it a distinctive standout. The seamless transition from old to new in a series of beautifully resolved spaces includes a cosy formal lounge, and a double-height, open-plan rear. Zones are private yet connected in this newer part of the house, where striking cathedral ceilings and an open mezzanine study - designed to introduce natural light - interact with the elegant living/dining zone below. Classic detailing in the kitchen in imported porcelain double basins and tapware, Caesarstone benchtops and high-end appliances belies its everyday functionality. Smart concealed storage such as a delightful little wine cellar tucked under a stair nook, and a meticulously designed Euro laundry, will charm. Glass doors open onto a private, leafy courtyard enhanced by herringbone-patterned brick pavers. Original period features in open fireplaces, polished Tasmanian oak floors, door knobs and light fixtures have been carefully sourced or restored. Ducted heating, reverse cycle air-conditioning, and monitored security are great modern assets.
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 10,914 properties. Over the last 5 years, Houses in Prahran have seen a 1.02% increase in median value, while Units have seen a 0.08% increase. As at 31 December 2025:
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