9 Charles StreetPrahran VIC 3181
Property Details for 9 Charles St, Prahran
Last Listing description (February 2026)
At a Glance
* Former dairy with raw industrial bones
* No Heritage Overlay
* Excellent development potential (STCA)
* Rare Prahran freehold
* Moments from High Street, Chapel Street, and Greville Street
Abode
An industrial shell in one of Prahrans most dynamic pockets, this former dairy presents a compelling opportunity to reimagine a piece of local history. Behind its solid red-brick faade, the property reveals a generous warehouse, exposed trusses, and textured original surfaces the kind of raw character developers and creatives search for.
Spread over two levels with multiple access points and an open upper terrace, the building offers immense flexibility for residential, commercial, or mixed-use transformation (STCA). Its open layout, solid structure and urban connection provide the perfect foundation for a bold architectural project. Used as a film set and photographic studio for many projects including an INXS music video.
Area
Set within one of Prahrans most tightly held residential and creative enclaves, Charles Street is moments from Chapel Street, High Street, and Greville Street. The perfect blend of heritage character and urban convenience a location defined by culture, creativity and effortless connection.
Property History for 9 Charles St, Prahran, VIC 3181
- 01 Nov 2025Sold for $3,300,000
- 08 Oct 2025Listed for Sale Not Disclosed
- 28 Nov 1980Sold for $53,000
Recent sales nearby
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0About 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 -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.
Suburb Insights for Prahran 3181
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