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.
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.
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:
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