489 High Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

489 High Street
Prahran VIC 3181

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 150m2
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Property Details for 489 High St, Prahran

Building Type
Commercial
Land Size
150m2
Local Government
Stonnington
Lot/Plan
1/TP699294

Last Listing description (May 2023)

A renowned high-profile tenancy that would suit a wide range of retail operations.

This elegant building comprises of ground floor retail area complimented with kitchen facilities and staff amenity, with a strong street presence to the iconic High Street precinct. The property benefits from 3 large first floor offices or bedrooms / living accommodation & a central bathroom.


Surrounded by a strong mix of key local businesses in the bustling Chatsworth Village. The village is particularly known as a trendy collective of some of the leading homeware, interior & hospitality businesses Stonnington has to offer.

Further highlights include being located on tram route 6, with a close proximity to Armadale train station, rear lane access for on-site parking and further storage.

This standout tenancy will not last enquire today.

Contact John Castran 0411 502 424 or Lachlan Castran 0475 000 888 for further details to arrange a private viewing today.

Disclaimer
All information about the property has been provided to Castran TM Pty Ltd by third parties. Castran TM Pty Ltd has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property History for 489 High St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Listed for Rent
$1.14k/w
03 May 2023
  • 07 Feb 2023
    Listed for Rent $59,225 / year
  • 10 May 2021
    Listed for Rent - Price not available
  • 21 Dec 2017
    Listed for Rent - Price not available
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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 10,915 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:

  • The median value for Houses in Prahran is $1,618,142 while the median value for Units is $539,491.
  • Houses have a median rent of $770 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 20 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 622 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.