510 Malvern RoadPrahran VIC 3181
Property Details for 510 Malvern Rd, Prahran
Last Listing description (August 2023)
Gorman Allard Shelton is pleased to present for lease, 510 Malvern Road, Prahran.
Located in the heart of iconic Hawksburn Village, this well established strip is home to long standing fashion brands and retailers alike.
This shop and dwelling offers a fresh and exciting opportunity for a shop or showroom with first floor residence/office.
Key features of the offering are as follows:-
**PRICE REDUCTION**
* Build area: 175 sqm (approx.)
* Wider than normal frontage
* Rear yard with terrace
* Parking and storage shed
* Rear access via ROW
* Surrounded by luxury brands and provedores
Contact the Exclusive Agent named below today to arrange an inspection.
Property History for 510 Malvern Rd, Prahran, VIC 3181
- 04 Jul 2022Listed for Rent - Price not available
- 13 Jan 2022Listed for Rent - Price not available
- 22 Apr 1999Sold for $647,000
Recent sales nearby
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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 10,920 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:
- The median value for Houses in Prahran is $1,587,888 while the median value for Units is $547,756.
- Houses have a median rent of $780 while Units have a median rent of $560.
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