51 Spring Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

51 Spring Street
Prahran VIC 3181

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 427m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Mar 2026
Low

High
Save

Property Details for 51 Spring St, Prahran

51 Spring St, Prahran is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 427m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last transferred in June 2011.

Building Type
Unit
Year Built
1950
Floor Size
123m2
Land Size
427m2
Local Government
Stonnington
Lot/Plan
1/TP409843

Last Listing description (May 2017)

SOLD
The Historic Treasury Gardens are your leafy front garden from this prestigious piece of real estate.
Housed in one of Melbourne's most desirable residential buildings, with only 20 apartments, this truly beautiful half floor, with high-ceilings, is a real standout. Tranquil open spaces with an abundance of natural light and majestic wall spaces are the perfect showcase gallery for your precious art pieces.

You will be the envy of your friends with this well designed and perfectly positioned diamond.
With historic landmark buildings at your door, one understands so eloquently why this building is tightly held and incredibly desirable.
The voluminous living and entertaining areas will excite, with access to the private terrace which overlooks the magnificent gardens. Three beautiful bedrooms, including the oversized master with access to another private terrace and an ensuite bathroom resembling a 6 star day spa, provide the perfect sanctuary. The family kitchen is well designed and open for interaction between you and your friends, yet with private prep areas too.
This is the one you have been waiting for.
A secure car park and storage area on title too.

Property History for 51 Spring St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Transferred
02 Jun 2011
  • 09 Jul 2021
    Listed for Sale Contact Agent
  • 23 Mar 2017
    Listed for Sale Contact Agent
  • 18 Feb 2013
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

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 10,922 properties. Over the last 5 years, Houses in Prahran have seen a -9.89% decrease in median value, while Units have seen a 1.31% increase. As at 31 March 2026:

  • The median value for Houses in Prahran is $1,584,132 while the median value for Units is $549,998.
  • Houses have a median rent of $920 while Units have a median rent of $575.
There are currently 29 properties listed for sale, and 26 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 627 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

Market Insights
Prahran Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Prahran Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.