5 Ivy St, Prahran is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 177m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom House sold in Prahran in the last 12 months.
Enhanced by quality appointments and benefiting from a seamless indoor-outdoor flow, this 3-bedroom plus study residence is a standout offering in a prized blue-chip locale. Bathed in abundant natural light and warmth thanks to a central suntrap light-well, there is nothing to do except move in and soak up the enviable lifestyle it affords.
Beautifully presented, this stunning city-edge home provides family-sized living in a private and highly sought-after easy-to-maintain setting all in a quiet pocket close to the suburbs vibrant retail and dining precinct.
Downstairs, discover an open plan living/dining zone which extends outside via double-glazed sliding doors to a sunny north-westerly courtyard for easy indoor-outdoor entertaining.
In a quiet, low-traffic cul-de-sac on the cusp of cosmopolitan Chapel Street, the home enjoys easy access to fabulous cafes, restaurants and boutiques while the open expanses of Victoria Gardens and public transport are also close by.
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 10,918 properties. Over the last 5 years, Houses in Prahran have seen a -3.13% decrease in median value, while Units have seen a 2.52% increase. As at 28 February 2026:
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