507/220 Commercial Road, Prahran, VIC 3181 | Property Value & History | OnTheHouse
 
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507/220 Commercial Road
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 4615m2
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Last updated 19 Jan 2026
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Property Details for 507/220 Commercial Rd, Prahran

507/220 Commercial Rd, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 4615m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2007.

Building Type
Unit
Year Built
1900
Floor Size
87m2
Land Size
4615m2
Local Government
Stonnington
Lot/Plan
507/PS441352

Last Listing description (April 2025)

The most iconic heritage listed building in Prahran.

Steeped in history, Pran Central, built in 1914 was then know as "Reads Emporium" and traded as a department store. Built in the federation freestyle form, the exterior of the building is relatively unaltered.

Everything is at your finger tips in this spectacular location.

Features include:
- Spacious open plan lounge and dining room with 3.5m high ceilings and picture windows.
- One bedroom with large BIR and space for King size bed
- Study/second bedroom with BIR
- Kitchen with granite tops and plenty of storage
- Stainless Steal appliances
- Dishwasher
- Gas stove
- Bathroom with shower over the bath and large vanity
- Euro-laundry
- Reverse A/C
- Secure intercom entry
- One secure off street car space

Stroll down Chapel Street through the many designer boutiques, sip cocktails at one of many bars, restaurants galore to chose from, as well as all the practical day-to-day living stores such as supermarkets. Trams at your door and Prahran Train Station is only a short 10 minute walk.

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APPLYING FOR THIS PROPERTY
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Property History for 507/220 Commercial Rd, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$417,000
24 Jul 2007
Listed for Rent
$470/w
09 Sep 2022
  • 08 Oct 2024
    Listed for Rent $600 / week
  • 22 Jun 2022
    Listed for Rent $470 / week
  • 01 Sep 2020
    Listed for Rent $480 / week
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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, 628 properties were sold in the past 12 months in Prahran.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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