GROUND FLOOR/448-450 Malvern Road, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

GROUND FLOOR/448-450 Malvern Road
Prahran VIC 3181

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1265m2
Land area: 557m2
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Property Details for Ground Floor/448-450 Malvern Rd, Prahran

Building Type
Commercial
Floor Size
1265m2
Land Size
557m2
Local Government
Stonnington
Lot/Plan
2/LP80025

Last Listing description (April 2023)

Woodards is pleased to offer this whole 1st level office in great condition throughout, located in a sought after location, benefits from loads of natural light to the North and is partitioned throughout.

Key attributes of this property include:


First floor area of 110 sqm (approx.)
Partitioning included (as per floorplan)
Bathroom amenities
Kitchen/staff break out area
Separate front entry off Malvern Road with rear stair access also
Flexible lease terms

Located near the intersections of Malvern and Williams road, the property is well serviced by public transport including the 72 tram route, the Hawksburn Village and variety of brands and known retailers are located not too far away.

Please contact Fabian Secatore on 0418 327782 to arrange a private inspection.

Property History for Ground Floor/448-450 Malvern Rd, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$1,760,000
09 Dec 2004
Listed for Rent
$671/w
06 Apr 2023
  • 22 Feb 2023
    Listed for Rent - Price not available
  • 06 Feb 2016
    Listed for Sale EXPRESSIONS OF INTEREST
  • 20 Oct 2012
    Listed for Rent - Price not available
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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 -12.51% decrease in median value, while Units have seen a -0.42% decrease. As at 30 April 2026:

  • The median value for Houses in Prahran is $1,578,225 while the median value for Units is $543,956.
  • Houses have a median rent of $900 while Units have a median rent of $580.
There are currently 31 properties listed for sale, and 20 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 629 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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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.