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

492 High Street
Prahran VIC 3181

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 480m2
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Last updated 19 Jan 2026
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Property Details for 492 High St, Prahran

492 High St, Prahran is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 480m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Land Size
480m2
Local Government
Stonnington
Lot/Plan
1/TP244370

Last Listing description (August 2021)

Rich in 1920's charm coupled with expansive proportions, this remarkably preserved residence has been within the same family for over 50 years and provides the exceptional opportunity to move in and enjoy the location benefits now and renovate later (STCA). With original period features throughout, abundant natural light and lofty high ceilings, enjoy an elegant lifestyle and established leafy surrounds. An expansive formal sitting area adjoins a separate dining room with arched detail, flowing through to a casual family room and well maintained kitchen and additional meals space. At the rear, a private yard with attractive greenery offers a low maintenance rear yard. Three spacious bedrooms are serviced by a pristine main bathroom. Set behind a lush front garden with additional access off Banole Avenue, a laundry, garage and off street parking complete the home. Positioned a short stroll from Prahran East Village and High Street trams and shops, lush parks including Victoria Gardens and Lumley Park, Toorak and Hawksburn train station and Chapel Street.

Property History for 492 High St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$2,355,000
09 Aug 2021
  • 09 Aug 2021
    Sold for $2,355,000
  • 23 Jul 2021
    Listed for Sale Contact Agent
  • 23 Jan 1982
    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 10,916 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, 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.