554A High Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
 
OFF MARKET

554A High Street
Prahran VIC 3181

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 291m2
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Property Details for 554a High St, Prahran

Building Type
Commercial
Land Size
291m2
Local Government
Stonnington
Lot/Plan
1/TP381322

Last Listing description (August 2021)

Building Area: 150sqm*
Rear Lane Access & Parking
Full Kitchen & Bathroom Facilities

Suits Variety of Uses (STPA)

Aston Commercial is excited to offer this superbly presented office/dwelling near the border of Prahran and Armadale for Lease.

Ideally situated on High Street with access to trams at your doorstep, and just minutes away from Toorak train station. As well as being surrounded by great local businesses like Club Social Prahran, this is a brilliant option for office or medical use.

The property has just been recarpeted and features 5 rooms, full bathroom and kitchen, laundry and rear yard/parking with lane access. The property has been brilliantly maintained still retaining its lovely ornate appeal. This property is definitely one to inspect.

Please contact Aston Commercial today to arrange your private inspection.

*approx.

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Property History for 554a High St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$1,900,000
15 Nov 2019
Listed for Rent
$575/w
13 Aug 2021
  • 06 May 2021
    Listed for Rent - Price not available
  • 15 Nov 2019
    Sold for $1,900,000
  • 18 Oct 2019
    Listed for Sale Contact Agent
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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 10,915 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, 622 properties were sold in the past 12 months in Prahran.

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